Archived News
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
08-04-2020
VEGOILS-Palm oil gains on stronger crude oil, supply worries
Malaysian palm oil futures firmed up on Monday, tracking gains in crude oil futures and supported by supply concerns as the world's No.2 producer is expected to discuss a shutdown order on some plantations to curb the spread of the coronavirus
08-04-2020
Palm oil prices to dip over next three to six months: Fitch Solutions
Palm oil prices are expected to decrease slightly from their current levels over the next three to six months due to the vast destruction in demand wreaked by the Covid-19 pandemic according to Fitch Solutions.
08-04-2020
Palm oil prices to fall amid coronavirus uncertainty globally
Palm oil prices are expected to decrease slightly from its current levels over the next three to six months due to fall in demand caused by the Covid-19 pandemic
08-04-2020
FGV appeals against RSPO suspension of certification process for uncertified units
FGV Holdings Bhd has appealed against the Roundtable on Sustainable Palm Oil (RSPO)’s decision to resuspend the certification of its Kilang Sawit Serting mill and as well as all certification processes for currently uncertified mills.
08-04-2020
Palm oil stocks seen falling near 1.65 mt; long-term outlook still uncertain
Malaysian palm oil futures (third month contract), which was ruling as high as 2,450 levels at March end, have dwindled by more than 200 ringgits in first four sessions of April, as coronavirus concerns have overpowered the lower stocks optimism