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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Nigeria spends $500m annually importing palm oil, says FG
Okata explained that the volume of oil and fat that Nigeria requires was about three million metric tonnes, but it had been difficult to meet this demand.
Bursa Malaysia rebounds to open higher
Bursa Malaysia rebounded from yesterday’s losses to open slightly higher today, in line with most regional markets, driven by renewed interest due to lower prices, dealers said
Palm retreats from 8-year high on fears of weak exports
Malaysian palm futures reversed early gains on Thursday, retreating from a more than eight-year peak as traders expect a sharp decline in November exports.
Retno Marsudi on Palm Oil Discrimination: 'Treat Us Fairly'
Foreign Affairs Minister Retno Marsudi on Thursday’s virtual seminar asserted that Indonesia will continue to fight the palm oil discrimination which she suggests is happening in a number of regions, such as the European market.
Sindh govt kick-starts palm oil production in Thatta
The Government of Sindh on Wednesday said it has successfully developed a project of palm oil production in Thatta district.
Ministry launches ‘Sawit Anugerah Tuhan’ campaign
THE Ministry of Plantation Industries and Commodities (MPIC) has launched the “Sawit Anugerah Tuhan†(Oil Palm the Gift of God) campaign with the aim of appreciating the great contribution of the palm oil industry to the country, besides raising awareness about its benefits and nutritional values to the community.
KLK positive on palm oil price rally
The company saw its net profit rise 19.3% year-on-year (YoY) to RM208.82 million in its fourth quarter ended Sept 30, 2020 (4Q20), from RM175.02 million a year ago backed by favourable CPO and palm kernel selling prices during the period.
July-Oct: export growth inches up 0.62pc
The country’s exports during July-October, 2020 totaled $7.576 billion against $7.529 billion during the corresponding period of last year, showing an increase of 0.62 percent, revealed exports and imports data released by the Pakistan Bureau of Statistics (PBS).
CPO futures end higher after two days of losses
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today after recording losses for two consecutive days, backed by stronger soya bean oil prices on the US Chicago Board of Trade (CBOT).
