Archived News

THE price of natural rubber (NR) is not reflective of its fundamentals, as poor global automotive production and sales led to subdued growth of the commodity.

The Malaysian Palm Oil Board (MPOB) has developed the world's first automated detection system to track bagworm species "metisa plana", which is a leaf-eating insect that attacks oil palm.

IOI Corporation Bhd (IOI Corp) credits its earlier decision to embark on a digital transformation programme which has resulted in the group realising greater operational efficiencies.

Crude palm oil futures climbed to Rs 717 per 10 kg on July 29 as participants increased their long positions.

Kenanga Research is unconvinced that the price of crude palm oil (CPO) will keep going this year as the low stock situation is going to be temporary.

India’s move to resume importing Malaysian palm oil besides seeking Malaysia’s expertise for the commodity in the form of technology transfer illustrate the upswing of trade ties between both countries, says the Consortium of Indian Industries in Malaysia (CIIM).

Malaysia’s exports in June saw a strong rebound as economies globally reopened, paving the way for a good uptick in economic activities in the second half of the year.

The Ministry of Plantation Industries and Commodities (MPIC) intends to change the status of oil palm replanting assistance (BTS) from loans to grants under the 12th Malaysia Plan (12MP).

Refined Soya Oil futures slipped today as bearish cues from palm oil markets and lack of demand in local futures after recent spurt capped the downside.

Sime Darby Plantation, one of the world’s largest palm oil companies, has withdrawn from the High Carbon Stock Approach (HCSA), a methodology companies use to implement commitments to stop cutting down forests.

Malaysia's exports grew 8.8 percent year on year to 82.87 billion ringgit (about 19.5 billion U.S. dollars), showing signs of recovery from the COVID-19 impact, official data showed Tuesday.

Sime Darby Plantation Bhd (SDP) has been facing rising expenditure in sustainable practices over the years and the trend is unlikely to reverse anytime soon, said its chief sustainability officer (CSO) Prof Dr Simon Lord.