Archived News
13-04-2020
Ensuring the estates comply
The Plantation Industries and Commodities Ministry (KPPK) is ready to assist the Sabah government ensure oil palm plantations and mills comply with Movement Control Order (MCO) directives following the state government’s decision to allow them to operate throughout the MCO.
13-04-2020
Commodity Picks: 13 April, 2020
For the week ahead, prices are expected to head towards Rs 680 per 10 kg. Demand is good across the house hold segment
13-04-2020
Govt. increases Special Commodity Levy on Palm Oil
The government has increased the Special Commodity Levy on palm oil by Rs 100 with effect from April 10
09-04-2020
Lower palm oil exports if Covid-19 persists
Lower palm oil export numbers will likely persist if the spread of the Covid-19 is not controlled, but analysts believe that demand is largely recession-proof.
09-04-2020
Need for more awareness of products with sustainable palm oil in Italy, concludes report
he Italian Union for Sustainable Palm Oil has identified five challenges in promoting a culture of sustainability for the commodity in Italy, which includes poor recognition of products containing certified sustainable palm oil.
09-04-2020
Sabah to decide on reviewing oil palm mills closure this week
Sabah will make a decision later this week on whether to allow oil palm mills to operate during the movement control order (MCO).
09-04-2020
Malaysian palm oil ends higher
Malaysian palm oil futures ended higher on Wednesday as supply disruption worries arose after Malaysia upheld its decision to temporarily close plantations and mills to contain the spread of the coronavirus.
09-04-2020
Plantation stocks retreat as investors take profit
Plantation counters declined today amid profit-taking by investors following yesterday's rally
09-04-2020
Be patient for a while, CM tells plantations and companies
Chief Minister Datuk Seri Panglima Mohd Shafie Apdal has urged oil palm plantations and companies to be patient for a while more for the government’s decision whether to allow them to operate.
09-04-2020
India Edible Oil: Up on supply concerns, global sentiment
Contracts of soybean and refined soyoil rose on the National Commodity and Derivatives Exchange due to supply concerns in retail markets because of the lockdown, analysts said
08-04-2020
MPOA, MEOA call on Sabah govt to resume palm oil operations
The Malaysian Palm Oil Association (MPOA) and the Malaysian Estate Owners Association (MEOA) have called on the Sabah state authorities to allow plantations and mills with no Covid-19 cases in six districts to resume operations.
08-04-2020
Malaysian palm oil up nearly 3 percent
Malaysian palm oil futures climbed as much as 3.5% on Tuesday on fears that Malaysia, the world's second biggest producer, would suspend more plantations as it steps up coronavirus containment efforts, while stronger soyabean oil also supported prices