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OILS & FATS
21-11-2024

Felda settlers earn up to RM20,000 monthly as oil palm prices surge

20/11/2024 (New Straits Times), Jerantut - Felda settlers are reaping a windfall, earning up to RM20,000 a month thanks to the surge in oil palm prices.

OILS & FATS
20-11-2024

CPO Futures Close Higher, Tracking Soybean Oil Prices On CBOT

19/11/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT), said Palm oil dealer David Ng.

OILS & FATS
20-11-2024

Palm gains on bargain buying, recovery in Dalian palm olein

19/11/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures closed higher onTuesday, supportedby bargain buying and a recovery in the Dalian palm olein market.

OILS & FATS
20-11-2024

Malaysia raises December crude palm oil export duty to 10%

19/11/2024 (Reuters), Kuala Lumpur - Malaysia has raised its December export tax for crude palm oil to 10% from 8% and increased its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

OILS & FATS
20-11-2024

MPOC: Carbon Reduction Capitalising On Academic-Industrial Research Collaboration

19/11/2024 (Business Today) - The Malaysian Palm Oil Council (MPOC) today announced the release of a pivotal palm oil report co-authored by Swinburne University of Technology that identifies innovative pathways for the Malaysian palm oil industry’s journey toward carbon neutrality and net zero emissions, according to a press statement circulated by MPOB.

OILS & FATS
20-11-2024

AI boost for palm oil production

20/11/2024 (The Star), Kuala Kangsar - The first palm oil mill in the world using artificial intelligence (AI) technology has been launched here.

OILS & FATS
20-11-2024

Malaysia exports rebound in October on shipments of electronics, palm oil

19/11/2024 (The Edge Malaysia), Kuala Lumpur - Malaysia’s exports rebounded in October this year, as growth in deliveries of electronics and palm oil offset sharp contraction in shipments of petroleum, official data on Tuesday showed.

OILS & FATS
19-11-2024

CPO Futures Close Lower Amid Weaker Demand Concerns

18/11/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday following a recent price rally due to concerns about weak demand in the coming weeks, a dealer said.

OILS & FATS
19-11-2024

Palm oil prices expected to remain above 4,750 ringgit in November, MPOC says

18/11/2024 (Reuters), Kuala Lumpur - Palm oil prices are expected to remain above 4,750 ringgit in November, supported by export supply uncertainties and rising soft oil prices, state agency Malaysian Palm Oil Council (MPOC) said on Monday.

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