Latest News

MARKET DEVELOPMENT
23-10-2023

CPO futures to sustain its positive momentum

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to sustain its positive momentum on better demand this week

OILS & FATS
23-10-2023

Nigeria’s palm oil imports from Malaysia increased by 65.3% – Report

Nigeria’s palm oil imports from Malaysia, a leading global producer, increased by 65.3 per cent in the first nine months of 2023.

WORLD
23-10-2023

Cargoes begin trading on Indonesia’s ICDX crude palm oil exchange

The first trading began on Friday on Indonesia’s palm oil exchange, part of an effort by the world’s biggest producer of the vegetable oil to create credible benchmark prices.

WORLD
23-10-2023

OPGAN, NIFOR collaborate with Cross River to refine, export palm oil

The Oil Palm Growers Association of Nigeria (OPGAN) and Nigerian Institute for Oil Palm Research (NIFOR), in collaboration with Cross River State government, will soon begin to refine palm oil for export from Calabar, the state capital.

WORLD
23-10-2023

Indonesians urged to invest in palm oil cultivation in Pakistan

ISLAMABAD-A delegation of Islamabad Chamber of Commerce and Industry (ICCI), led by its Vice President Engr Azhar ul Islam Zafar, is in Indonesia these days to participate in the 38th Trade Expo Indonesia Hybrid Edition 2023, which is being organized by the Ministry of Trade of the Republic of Indonesia at Indonesia Convention Exhibition Centre, Jakarta from October 18-22, 2023.

MARKET DEVELOPMENT
23-10-2023

Malaysian palm oil futures gain

JAKARTA: Malaysian palm oil futures posted a weekly gain on Friday as strong export data and rising crude oil prices offset largely weaker rival oils.

MARKET DEVELOPMENT
20-10-2023

Indonesia ready to cooperate with Malaysia to fight against EUDR

19/10/2023 (Antara News), Tangerang, Banten - Indonesia is ready to collaborate with Malaysia to fight against the European Union Deforestation Regulation (EUDR) that it deems discriminatory, the Commodities Futures Trading Regulatory Agency (Bappebti) stated on Thursday.

MARKET DEVELOPMENT
20-10-2023

Malaysia's exports down 13.7 pct in September

19/1/2023 (Xinhua) - Malaysia's exports were down in September amid slower global demand, uncertainties in commodity prices and high base effect last year, official statement said Thursday.

MARKET DEVELOPMENT
20-10-2023

Russia and Malaysia: The 2023/24 Trade and Investment Dynamics

19/10/2023(Russia Briefing) - Russia and Malaysia, two diverse and dynamically growing nations, have traditionally maintained a robust trading relationship. As the shifts in global economy and connectivity take place, these two nations have continued to foster closer economic ties. This has been particularly evident during 2022 and 2023 when numerous negotiations, agreements, and joint ventures, were planned to expand the partnership. The two countries see that both geographically and potentially economically, they can serve as a window to greater cooperation between the Eurasian Economic Union (EAEU) and ASEAN.

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