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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Malaysia will continue to promote palm oil in Europe — Teresa
KUALA LUMPUR (May 23): The Primary industries Ministry will hold a meeting with members of the European Parliament and European Council in October in its mission to promote the country's palm oil, said its Minister Teresa Kok.
Palm oil price to improve, says minister
KUALA LUMPUR: Primary Industries Minister Teresa Kok is optimistic that the palm oil price will improve in the coming months.
Sabah postpones charging of assessment on palm oil plants
KUDAT (May 23): The Sabah Government has postponed with immediate effect the charging of assessment on palm oil processing plants, including those that plan to invest in the State.
Palm falls over 1% to one-week low on weaker related oils
KUALA LUMPUR (May 23): Malaysian palm oil futures fell more than 1% during the first half of trade on Thursday, hitting their lowest levels in a week, tracking weakness in related edible oils.
Sime Darby Plantation expects no drop in palm oil imports from India
KUALA LUMPUR (May 23): Sime Darby Plantation Bhd (SDP), the world's largest palm oil plantation company by planted area, does not foresee India reducing palm oil imports from Malaysia despite a report saying it might trim some overseas orders.
Sime Darby Oils — the rebranding of downstream businesses
On March 4, Sime Darby Plantation Bhd, the world’s largest palm oil plantation company by planted acreage, decided to amalgamate all its downstream assets globally into a rebranded entity, named Sime Darby Oils (SDO).
India plans more land for soybean, may trim palm oil imports
MUMBAI: India is set to grow soybeans on more land in the 2019 crop year as higher prices for the oilseed push some farmers to switch from cultivating competing commodities such as cotton and pulses, an industry official and dealers told Reuters.
Malaysian palm oil price drops 2% on technical selling
KUALA LUMPUR: Malaysian palm oil futures closed nearly 2% down on Tuesday, retreating from a three-week high hit in early trade as technical selling and concern over higher than expected production weighed on prices.
Palm oil may test support at RM2,034
SINGAPORE (May 23): Palm oil may test a support at RM2,034 per tonne, a break below that could cause a loss to RM1,967.
