Archived News
09-09-2020
Plantation companies poised to post stronger performance in the second half of the year, analysts said.
Crude palm oil (CPO) prices have rallied to nearly RM3,000 per tonne from the year-to-date low of RM2,000 per tonne in May, buoyed by lower inventory and higher soybean oil prices.
08-09-2020
Asian planters with operating strengths have edge in cyclical industry: Fitch
Producers with operating strengths based on factors such as plantation profiles, productivity, cost position and vertical integration, and conservative financial metrics are better placed to navigate the cyclicality and price volatility of the crude palm oil industry, said Fitch Ratings.
08-09-2020
India Palm Imports Drop From 10-Month High on Weak Food Demand
Palm oil imports by top buyer India probably fell from a 10-month high as a slow recovery of the food services industry curtailed demand for the world’s most-used vegetable oil.
08-09-2020
VEGOILS-Palm oil gains nearly 2% on stronger soyoil, weaker ringgit
Malaysian palm oil futures rose on Tuesday, supported by a weaker ringgit and tracking sharp gains in rival soybean oil as the Chicago Board of Trade resumed trading after a long weekend.
08-09-2020
India’s palm oil imports fall 11% in August
Palm oil imports by top buyer India probably fell from a 10-month high as a slow recovery of the food services industry curtailed demand for the world’s most-used vegetable oil.
08-09-2020
Colombian palm oil production up 10 percent this year
THE WHAT? Colombia’s palm oil yield is on course to reach 1.65 million tonnes this year, an increase of 10 percent on 2019 figures, according to a report published by Nasdaq.
08-09-2020
Edo government approves 50 hectares for oil palm production
The Edo State Governor Godwin Obaseki has approved 50 hectares of farmland for three international investors for the production of palm oil in the state.
08-09-2020
Obaseki’s Reforms: Okomu to Add 1,250 New Jobs with Roll-out of Smallholder Farmers’ Scheme
Okomu Oil Palm Company Plc. is set to add not less than 1250 new jobs to the Edo State economy with the roll out of a smallholder farmers’ scheme in collaboration with 2SCALE, involving cooperatives, spanning four local government areas in the state, on the back of Governor Godwin Obaseki’s agricultural reforms.
07-09-2020
Palm oil board slams ‘biased’ report by European biologist
The Malaysian Palm Oil Board has accused a Europe-based academic of making unfair and biased criticism of sustainable palm oil certification.
07-09-2020
Rejuvenating oil palm landscape
SIME Darby Plantation Bhd (SDP) and Universiti Malaysia Sabah (UMS) are collaborating on a research programme for a secondary forest located within the Sapong Estate in Sabah.
07-09-2020
Kinerja sektor perkebunan masih bisa tumbuh, ini penjelasan sejumlah analis
Kenaikan harga crude palm oil (CPO) atau minyak sawit mentah menyelamatkan kinerja sektor perkebunan di tengah penurunan permintaan CPO selama pandemi.
07-09-2020
Malaysia’s August palm oil stocks likely 6% higher month on month: CGS-CIMB
Malaysia’s palm oil stocks likely grew 6% month on month, but fell 20% year on year (yoy) to 1.8 million tonnes as at end-August 2020, due mainly to higher output and lower exports, according to survey findings from CGS-CIMB Futures.