Archived News

KOTA KINABALU: The Malaysian Palm Oil Board (MPOB) has asked oil palm smallholders to register as members of Koperasi Penanam Sawit Mampan (KPSM) to benefit from its activities to boost their palm productivity and income.

KUALA LUMPUR (Sept 22): The palm oil industry, which has been contributing about 6% to Malaysia's Gross Domestic Product, can do much better, said economist and consultant in agriculture and rural development, Dr Isabelle Tsakok.

SHAH ALAM (Sept 22): The Malaysian Palm Oil Certification Council (MPOCC) has asked companies producing palm-based products to display the Malaysian Sustainable Palm Oil Certification (MSPO) logo on their packaging.

KUALA LUMPUR, Sept 22 (Reuters) - Malaysian palm oil futures fell more than 1% on Tuesday, tracking a sharp drop in Dalian oil prices, while fears of new restrictions in Europe to contain a spike in COVID-19 cases also hit sentiment.

BUENOS AIRES, Sept 22 (Reuters) - Argentina, the world's top exporter of processed soy, saw crushing volumes of the grain fall a sharp 20.6% year-on-year in August to 3.3 million tons, according to data from the South American country's agriculture ministry.

Indonesia’s exports of palm oil and its derivatives in July 2020 increased by 15 percent or 244 million U.S. dollars to 1.86 billion U.S. dollars compared to those in the previous month, an association said Monday.

SYDNEY, Sept 23 (Reuters) - U.S. soybean futures edged lower for a third straight session on Wednesday as a pick up in harvesting by local farmers raised oversupply concerns, though strong Chinese demand kept losses in check.

KUALA LUMPUR (Sept 21): Tighter supply and higher demand for crude palm oil (CPO) are likely to push prices of the edible oil up in favour of producers, according to IJM Plantations Bhd.

JAKARTA, Sept. 21 (Xinhua) -- Indonesia's exports of palm oil and its derivatives in July 2020 increased by 15 percent or 244 million U.S. dollars to 1.86 billion U.S. dollars compared to those in the previous month, an association said Monday.

KUALA LUMPUR: IJM Plantations Bhd is cautiously optimistic about industry outlook despite crude palm oil (CPO) price having rallied to RM3,000 per tonne from the year-to-date low of RM2,000 per tonne in May.

OVERALL crop production and crude palm oil (CPO) production may be lower for IJM Plantations Bhd for its financial year ending March 31, 2021 (FY21), compared to FY20, which will also be a common trend in the palm oil industry over the same period.

KUALA LUMPUR, Malaysia, Sept. 21, 2020 /PRNewswire/ -- The Roundtable on Sustainable Palm Oil (RSPO) released it's 2019 Impact Report today, highlighting a significant increase in the uptake of Certified Sustainable Palm Oil (CSPO). The full 2019 Impact Report can be found here.