Latest News

MARKET DEVELOPMENT
10-01-2024

Malaysia palm oil firm Johor Plantations files IPO draft prospectus

09/01/2024 (New Straits Times), Singapore - Malaysian palm oil company Johor Plantations Group has filed a draft prospectus for a domestic initial public offering (IPO), which capital markets publication IFR said would be worth up to US$180 million.

OILS & FATS
10-01-2024

VEGOILS-Palm struggles for momentum as investors await MPOB data

08/01/2024 (Nasdaq), Jakarta - Malaysian palm oil futures were little changed on Tuesday as market participants awaited monthly Malaysian Palm Oil Board (MPOB) data scheduled for release on Wednesday for further direction.

MARKET DEVELOPMENT
10-01-2024

Godrej Agrovet interested to set up palm oil processing unit in Telangana

09/01/2024 (Business Standard) - The Telangana government on Tuesday said that Godrej Agrovet Company Ltd has expressed interest in setting up an integrated palm oil processing unit in collaboration with Malaysia-based company Sime Darby in Khammam district.

MARKET DEVELOPMENT
10-01-2024

Foreigners can buy subsidised cooking oil, same purchase limits apply

09/01/2024 (The Star Online), Klang - There is no restriction on foreigners buying subsidised cooking oil packets but they are subject to the same purchase limits as Malaysians, says Datuk Armizan Mohd Ali.

MARKET DEVELOPMENT
09-01-2024

No excuse for local firms to manipulate no palm oil labelling rule

08/01/2024 (New Straits Times) - AFTER the catastrophic conflict in Gaza, the whole world has been calling for all kinds of boycotts of products.

MARKET DEVELOPMENT
09-01-2024

Johari tasks MPOB to be global benchmark in research related to palm oil

08/01/2024 (New Straits Times), Kuala Lumpur - Plantation Industries and Commodities Minister Datuk Seri Johari Abdul Ghani said the Malaysian Palm Oil Board (MPOB) should be the global benchmark in all research from the upstream sector to the downstream sector related to palm oil.

MARKET DEVELOPMENT
09-01-2024

Ghee and edible oil prices slide downward in December

08/01/2024 (Samaa TV) - In a welcome turn of events for consumers across the country, the latest data released by the Pakistan Bureau of Statistics revealed a noteworthy decrease in the prices of essential kitchen staples, particularly ghee and edible oils, during December 2023.

MARKET DEVELOPMENT
09-01-2024

VEGOILS-Palm edges up on support from rival oils, bargain buyers

08/01/2024 (Nasdaq), Jakarta - Malaysian palm oil futures rose on Monday for a third straight session, supported by gains in rival Dalian and Chicago soyoil and as bargain buyers entered the market.

MARKET DEVELOPMENT
09-01-2024

FMCG sales likely to have remained slow in December quarter; festive season fails to add much cheer

08/01/2024 (The Week) - Over the last few quarters, fast-moving consumer goods (FMCG) companies have been grappling with slow sales, especially in rural markets. The latest commentary from various FMCG firms suggests no major pickup in the October-December quarter too, with the festive season failing to bring much good news.

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PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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