Archived News
08-11-2023
Malaysia targets over RM14bil palm oil export to China this year, says Fadillah
07/11/2023 (The Star Online), Kuching - Malaysia aims to increase its export value of palm oil to China above RM14bil this year, says Datuk Seri Fadillah Yusof.
08-11-2023
No change to prices of bottled pure palm cooking oil, says Cost of Living Ministry
07/11/2023 (The Star Online), Putrajaya - The maximum retail price of bottled pure palm cooking oil for the period of Nov 8 to Dec 7 will remain the same, says the Domestic Trade and Cost of Living Ministry.
08-11-2023
MPOB expects CPO to hover around RM4,000 a tonne
07/11/2023 (The Star Online), Kuala Lumpur - There will be little change to Malaysia’s production of palm oil for this year as compared with 2022, with the price of crude palm oil hovering around RM4,000 per tonne, according to the Malaysian Palm Oil Board (MPOB).
07-11-2023
Malaysia palm oil groups call for government review of windfall profit levy
06/11/2023 (The Star Online), Kuala Lumpur - Malaysian palm oil associations on Monday called for the government to review a windfall profit levy on the palm oil industry.
07-11-2023
15 palm oil industry associations call for review of windfall profit levy on industry
06/11/2023 (New Straits Times), Kuala Lumpur - 15 associations in the palm oil industry have called for the government to review and reconsider the windfall profit levy (WPL) imposed on the industry.
07-11-2023
15 palm oil associations urge govt to review windfall profit levy
06/11/2023 (Free Malaysia Today), Petaling Jaya - Fifteen associations affiliated with the palm oil supply chain have jointly appealed to the government for an immediate review of the windfall profit levy (WPL) on palm oil in Malaysia.
07-11-2023
MPOA, 14 other palm oil groups reiterate call for review of windfall profit levy
06/11/2023 (The Edge Malaysia), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) and 14 other associations affiliated with the palm oil supply chain are jointly appealing to the government for an immediate review and reconsideration of the windfall profit levy (WPL) on oil palm planters, following the industry’s present sectorial challenges and the pivotal need for long-term competitiveness and sustainability.
07-11-2023
Malayan Tigers' fertility boosted with palm oil-based supplement
06/11/2023 (The Star Online), Kuala Lumpur - The fertility of male Malayan Tigers can be boosted with the supplement Tocotrienol, which is found in palm oil.
07-11-2023
VEGOILS-Palm oil eases on stronger ringgit, rising supply outlook
06/11/2023 (Nasdaq), Beijing - Malaysian palm oil futures ended lower for a second day on Monday, weighed by a strengthening ringgit and expectations of a rise in October inventory and output.
06-11-2023
CPO futures expected to trade rangebound next week
04/11/2023 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade rangebound next week ahead of the release of key crop report by the Malaysian Palm Oil Board next week, a dealer said.
06-11-2023
India and Pakistan's Growing Reliance on Indonesian CPO Sparks Concerns
04/11/2023 (Jakarta Globe), Bali - India and Pakistan heavily rely on the import of crude palm oil (CPO) from Indonesia, but export restrictions imposed last year have raised concerns in both countries about the supply of CPO from Indonesia.
06-11-2023
Palm oil drops on stockpiles in Malaysia, reduced edible imports to India
04/05/2023 (Hellenic Shipping News) - Malaysian palm oil futures closed lower on Friday, weighed down by stockpiles in Malaysia and low levels of edible oil imports to India, though falling Chinese demand limited losses.