Archived News
03-06-2019
China in barter deal for 200,000 tonnes of Malaysian palm oil: report
China has agreed to take palm oil worth nearly $150 million from Malaysia in a barter deal, media said on Saturday, citing a Malaysian minister.
03-06-2019
M’sia strikes palm oil barter trade deal with China
An additional one billion yuan (RM611mil) worth of palm oil, approximately 200,000 tonnes, will be exported to China in a barter trade, she said.
03-06-2019
CPO futures to see quiet trading next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see quiet trading next week with the price hovers between RM1,900 and RM2,000 per tonne.
31-05-2019
Palm snaps 3-day rally on profit taking, soyoil losses
Malaysian palm oil futures fell 1% on Thursday, snapping a three-session rally on profit taking and slowing gains in other related edible oils.
31-05-2019
Call on EU to reclassify M’sian oil palm cultivation activities
Malaysia is calling on the European Union (EU) to redefine oil palm cultivation activities in the country which have been classified as high-risk, while aiming to further negotiate on the bloc’s directive to restrict the usage of biofuels.
31-05-2019
Palm oil may rise to RM2,148
Palm oil may rise to RM2,148 per tonne, driven by a wave C.
31-05-2019
FGV profitability hinges on CPO prices
FGV Holdings Bhd could return to profitability this year if exports improve and crude palm oil (CPO) prices climb to favourable levels — ending the company’s five quarters of successive losses.
31-05-2019
Waive regularisation fees for workers’ kids, say oil palm growers
A group which protects the interests of plantation industries in Malaysia has urged the Sabah government to consider waiving regularisation fees for workers’ dependents and to ensure that agency fees are handled by the state government itself in order to lower the rates
31-05-2019
Palm set to snap 3-day rally on profit taking, losses in other oils
Malaysian palm oil futures were in line to snap a three-session rally to fall over 1% in early trade on Thursday, due to profit taking and slowing gains in other related edible oils.
31-05-2019
Hap Seng remains positive on plantation business
Hap Seng Consolidated Bhd remains positive on its plantation business despite lower crude palm oil (CPO) price expectations of between RM2,000 and RM2,300 per tonne this year.
31-05-2019
Biodiesel B10 now available in Thailand
The Minister of Energy has officiated at the first public sale of PTT UltraForce Diesel B10 in Thailand, in keeping with the ministry’s policy to promote biodiesel B10 as the country’s main diesel fuel
31-05-2019
QL Resources achieves 11% growth on 4Q net profit, pays 4.5 sen dividend
QL Resources Bhd's net profit grew 11% to RM43.23 million in the fourth quarter ended March 31, 2019 (4QFY19), against RM38.85 million a year ago, supported by its marine product manufacturing and palm oil activities divisions.