Archived News
23-02-2021
RSPO works to protect the rights of children and women to safeguard their wellbeing
Roundtable Sustainable Palm Oil (RSPO) says that the absence of specific legislation or guidance regarding the protection of women’s and children rights in the palm oil industry has put women at a disadvantage.
23-02-2021
The State of the Nation: Commodities continue to be a bright spot in 2021
which had a good run in 2020, thanks to the Covid-19 pandemic that spurred demand for everything from precious metals such as gold and silver to agricultural products like crude palm oil (CPO) and wheat — are expected to continue seeing an upward trend in prices this year.
23-02-2021
VEGOILS-Palm jumps nearly 3% tracking gains in rival oils
Malaysian palm oil futures rose nearly 3% on Monday, tracking strength in rival soyoil and Dalian oils after the U.S. Department of Agriculture projected only a slight increase in domestic soybean supplies for marketing year 2021-2022.
23-02-2021
Corrective dip likely in palm oil
The Crude Palm Oil (CPO) continuous futures contract on the Multi Commodity Exchange of India (MCX) has advanced 0.8 per cent on Monday and trades at around ₹1,049 per 10 kg
23-02-2021
Palm oil associations shocked by sudden cess hike
KUALA LUMPUR (Feb 22): Plantation associations say today they are surprised by the government's decision to raise the cess levied on crude palm oil (CPO) and crude palm kernel oil (CPKO).
23-02-2021
Improved prices fuel harvest of immature palm oil fruits
Palm Oil fruit farmers have resorted to harvesting immature fruits because of improved prices. The price of the Fresh Fruit Bunch-FFB increased to Shillings 700 from Shillings 400 in December last year. The price has increased further to Shillings 831 a kilogram.
23-02-2021
Palm rises for second day as rival soy, Dalian oils gain
Malaysian palm oil futures rose for a second straight session on Monday, tracking higher rival soyoil and Dalian oils after US soybean supplies were projected to rise only slightly in marketing year 2021-2022.
23-02-2021
Palm oil may retest support at 3,465 ringgit
Palm oil may retest a support at 3,465 ringgit, a break below which could cause a fall into 3,300-3,405 ringgit range.
23-02-2021
Malaysia's Feb 1-20 palm oil exports up 14.9% mth/mth: ITS
Malaysian palm oil product exports for February 1-20 rose 14.9% to 698,380 tonnes from 607,900 tonnes
19-02-2021
Govt increases cess on palm oil by RM2 to RM16 a tonne
KUALA LUMPUR (Feb 18): The government has increased the cess it collects on palm products comprising crude palm oil (CPO) and palm kernel oil (PKO) produced in Malaysia to RM16 per tonne from RM14.
19-02-2021
Ensuring our palm oil adhere to international standards
The anti-palm oil campaigns and attacks on palm oil by the non-governmental organisations (NGOs) in the West continue to escalate.
19-02-2021
Malaysia's Sime Darby Plantation eyes palm oil output recovery, high prices
MALAYSIA'S Sime Darby Plantation, the world's largest palm oil planter, forecast crude palm oil output in Malaysia and Indonesia would recover from last year's decline, and is optimistic prices will remain high this year.