Archived News

The National Initiative for Sustainable and Climate-Smart Oil Palm Smallholder (NI-SCOPS), in collaboration with Solidaridad, IDH and other stakeholders, are strategising on leveraging climate-smart agriculture to boost palm oil production in Nigeria.

PARIS/CANBERRA, Nov 16 (Reuters) - Chicago soybean futures eased on Thursday as forecasts of rain relief for crops in top exporter Brazil helped cool supply concerns that pushed prices to a 2-1/2-month top this week.

15/11/2023 (Risingbd.com) - Traders want to increase the prices of edible oil showing the excuse of dollar price increase in the open market.

15/11/2023 (Nasdaq), Jakarta - Malaysian palm oil futures traded higher on Wednesday, extending gains for a third consecutive session, supported by the strength in Chicago and Dalian rival oils.

14/11/2023 (Hellenic Shipping News) - Malaysia is confident exports of its palm oil and related products to China will increase further this year, Bernama state news agency reported on Tuesday, citing the plantations and commodities minister.

14/11/2023 (The Edge Malaysia), Shanghai - The Malaysian Sustainable Palm Oil (MSPO) certification is constantly receiving recognition globally and has been perceived to be at par with the Roundtable on Sustainable Palm Oil (RSPO), according to Deputy Prime Minister Datuk Seri Fadillah Yusof, who is also Plantation and Commodities minister.

15/11/2023 (The Edge Malaysia) - Malaysia’s Deputy Prime Minister Datuk Seri Fadillah Yusof is scheduled to have several bilateral meetings during the second part of his official visit to China.

15/11/2023 (The Sun Daily), Kuala Lumpur - Biomicrogels Group (BMG), which makes enhanced oil extraction products, has announced the implementation of two new products, Biomicrogel BMG-C4 and BMG-SPO, in palm oil factories across the country.

15/11/2023 (The Star Online), Petaling Jaya - Analysts are mostly “neutral” on the plantation sector, citing concerns on the latest October palm oil stockpile of 2.45 million tonnes, which is the highest in four years and a lack of notable demand catalysts.

14/11/2023 (New Straits Times), Kuala Lumpur - Malaysia's palm oil production is expected to taper off in the coming months, but weakening demand in the export market may be likely given the high stock levels.

14/11/2023 (New Straits Times), Kuala Lumpur - Palm oil stockpiles peaked in October and began trending down from November, as palm production should have peaked by last month, said Hong Leong Investment Bank (HLIB Research).

14/11/2023 (Malay Mail), Shanghai - The Ministry of Plantation and Commodities is confident that Malaysia’s exports of palm oil and palm oil-related products to China will further increase this year, with higher demand particularly from the republic’s oleochemical and animal feed sectors that are growing rapidly.