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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
PM set to join major China summit
Prime Minister Tun Dr Mahathir Mohamad will be invited to speak at two important forums during the upcoming three-day Belt and Road Summit/Forum in Beijing, the world’s largest diplomatic event this year
ECRL to boost China investments
Malaysia can expect an influx of investments from China and higher sales of palm oil to China this year following the revival of the East Coast Rail Link (ECRL) project, according to Chinese Ambassador Bai Tian
China 'keen' to buy more Malaysian palm oil
China is keen to buy more Malaysian palm oil and the purchase this year will increase, according to Chinese Ambassador to Malaysia Bai Tian.
China injects RM3.7bil palm oil deal, more to come
China is committed to significantly increase the purchase of Malaysian palm oil, following the revival of the stalled East Coast Rail Link.
Malaysia looks to exchange palm oil for materiel
Malaysia will look to leverage its expansive palm oil resources to support military procurement, a senior government official has stated.
ECRL deal — could China buy extra 500,000 tonnes of palm oil?
China’s purchase of an additional 500,000 tonnes of local palm oil may help trim the glut the sector is facing, after Kuala Lumpur and Beijing agreed to push forward the RM44 billion East Coast Rail Link (ECRL) project.
Soppoa fully supports Indonesia’s move to retaliate against EU over palm oil ban
The Sarawak Oil Palm Plantation Owners Association (Soppoa) fully supports Indonesia’s move to retaliate against the European Union (EU) by limiting imports from EU countries including spirits, following the proposed act to ban use of palm oil as biofuel in EU countries by 2030
ECRL resumption timely as catalyst for equity market
The decision to resume the East Coast Rail Link (ECRL) project after nine months of negotiations was timely, as it will become a catalyst for the equity market since the external environment has been very volatile, says Bank Islam Malaysia Bhd.
Palm oil may stabilize around 2,191 ringgit
Palm oil may stabilize around a support at 2,191 ringgit per tonne and retest a resistance at 2,227 ringgit. The support and the resistance are identified as the 50 percent and the 61.8 percent retracements of the downtrend from 2,344 ringgit to 2,038 ringgit.
