PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 30 Jul 2025

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MARKET DEVELOPMENT  
  16-03-2020

Global oil demand drops

Global demand for oil was revised downward several times since the start of the year due to the devastating impact of the coronavirus.

MARKET DEVELOPMENT  
  16-03-2020

Canada’s approval sets USMCA closer to implementation

Canada’s House of Commons and Senate voted in favor of implementing the U.S.-Mexico-Canada Agreement, one of the final hurdles before it becomes law.

MARKET DEVELOPMENT  
  13-03-2020

Malaysia wants to resolve palm oil spat with India within a month, minister says

Malaysia aims to resolve its palm oil spat with India within a month, the southeast Asian nation's new minister of plantation industries and commodities said on Wednesday.

MARKET DEVELOPMENT  
  13-03-2020

CPO futures nearly three-month low on COVID-19 pandemic declaration

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives fell below RM2,300 per tonne at Thursday's close after the World Health Organisation (WHO) declared the COVID-19 a global pandemic.

MARKET DEVELOPMENT  
  13-03-2020

Soya oil dips on weak cues

Barring groundnut oil, the majority of oils and oil seeds traded low on weak global cues, physical demand and coronavirus scare, with soya refined being quoted at ₹785 for 10 kg, while soya solvent ruled at ₹735-40.

MARKET DEVELOPMENT  
  13-03-2020

Canola values resilient in face of drop in oil and markets

The COVID-19 virus worldwide and the rail blockades at home have depressed grain futures prices but canola prices have fared better than most other parts of the vegetable oil complex and crude oil values.

MARKET DEVELOPMENT  
  13-03-2020

Oil palm cultivation to be taken up in 2.78 lakh ha

The State government has announced its resolve to promote oil palm cultivation in different parts of the State.

MARKET DEVELOPMENT  
  13-03-2020

Malaysia seeks markets in Middle East & North Africa

Malaysia is targeting North Africa and Middle East as the new export markets for its palm oil.

MARKET DEVELOPMENT  
  12-03-2020

Group forecasts price of coco oil to remain down

THE coronavirus disease (Covid-19) has prevented the recovery of the prices of coconut oil in the world market, the coconut industry players in the Davao Region said.

MARKET DEVELOPMENT  
  12-03-2020

CPO price to remain under pressure as Covid-19 outbreak weakens demand

Crude palm oil (CPO) prices will likely remain under pressure as the several factors, including the Coronavirus Disease 2019 (Covid-19) outbreak, are expected to continue limiting demand in the coming months.

MARKET DEVELOPMENT  
  12-03-2020

Restocking, improved India ties seen to curb palm oil price fall

The Malaysian Palm Oil Board’s February data showed an increase in crude palm oil (CPO) production to 1.29 million tonnes (+10% month-on-month [m-o-m]; -16.6% year-on-year [y-o-y]) after four consecutive months of decline. This increase was in line with market expectations.

MARKET DEVELOPMENT  
  12-03-2020

Malaysia aims to resolve palm oil spat with India within a month

Malaysia has set itself a target of a month within which to resolve its trade dispute with India over palm oil, the southeast Asian nation's new commodities minister said on Wednesday.