PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 31 Jul 2025

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MARKET DEVELOPMENT  
  20-03-2020

VEGOILS-Palm oil gains on stronger edible, crude oils

Malaysian palm oil futures climbed 2% on Friday, buoyed by gains in rival edible oils and crude oil, but the contract was poised for a second straight weekly drop amid demand worries due to the coronavirus outbreak.

MARKET DEVELOPMENT  
  20-03-2020

China will continue to advance signing of RCEP as scheduled: MOC

China will work with other members of the Regional Comprehensive Economic Partnership (RCEP) to ensure that signing of the agreement takes place at the end of the year, the Ministry of Commerce (MOC) said Thursday.

MARKET DEVELOPMENT  
  20-03-2020

Palm Oil Slumps to 5-Month Low on India Demand Worry, Petroleum

Palm oil dropped to a five-month low on concern about poor purchases by top buyer India, Malaysia’s move to allow the industry to operate during a nationwide lockdown and an overnight slump in petroleum

MARKET DEVELOPMENT  
  20-03-2020

VEGOILS-Palm oil drops as supply concerns ease on exemption from shutdown

Malaysian palm oil futures dropped on Thursday as harvesting resumed in world's second-largest palm producer after plantations were exempted from a shutdown imposed to prevent the coronavirus' spread.

MARKET DEVELOPMENT  
  20-03-2020

Commerce ministry recommends anti-dumping duty on Malaysian calculators

In its final findings of the probe, the directorate has concluded that the product has been exported to India from Malaysia below its associated normal value, which is amounting to dumping.

MARKET DEVELOPMENT  
  19-03-2020

Deputy minister hears suggestions of reintroducing subsidies at dialogue

Deputy minister of Primary Industries and Commodities Datuk Seri Dr Wee Jeck Seng has made it his mission to find the best way to help smallholders.

MARKET DEVELOPMENT  
  19-03-2020

Oil palm plantations, mills to resume operations

The palm oil industry has successfully appealed to the government to allow oil palm plantations and mills to resume operations during the 14 days of the movement control order which started yesterday.

MARKET DEVELOPMENT  
  19-03-2020

Plantation sector downgraded due to negative factors

The potential impact of the Covid-19 pandemic, coupled with the fall in crude oil prices resulted in HLIB Research downgrading the sector to “neutral” from “overweight”, and revising its crude palm oil (CPO) price assumptions downwards.

MARKET DEVELOPMENT  
  19-03-2020

CPO prices hit by uncertainties

As the Covid-19 pandemic continues to develop, there could be an increase in demand for vegetable oils in China as the situation there improves even as demand slows in other countries hit hard by the outbreak.

MARKET DEVELOPMENT  
  19-03-2020

Sarawak palm oil sector gets permission to keep operating

SARAWAK has granted the state’s oil palm industry exemption from the federal government’s movement control order that came into force today.

MARKET DEVELOPMENT  
  19-03-2020

India Edible Oil: MCX CPO up on weak imports, BMD cues cap rise

Futures of refined soyoil on the National Commodity and Derivatives Exchange and crude palm oil on the Multi Commodity Exchange of India rose nearly 2% each due to subdued imports of vegetable oil, traders said

MARKET DEVELOPMENT  
  19-03-2020

Malaysia Shutting Most Palm Oil Operations, Trade Group Says

Malaysia will be closing most of its palm oil operations as the country shutters non-essential business in an effort to fight the spread of the coronavirus, according to the Malayan Agricultural Producers Association