Latest News

MARKET DEVELOPMENT
01-06-2023

VEGOILS-Palm nears one-month low after commodities' heavy selling, subdued demand

31/05/2023 (Nasdaq), Jakarta - Malaysian palm oil futures plunged for a third session on Wednesday and hit their lowest in nearly a month caused by commodities heavy selling, higher palm production, and subdued demand.

MARKET DEVELOPMENT
01-06-2023

Palm falls to new low on weaker rival oils, negative export data

31/05/2023 (Business Recorder), Jakarta - Malaysian palm oil futures plunged for a third session on Wednesday and hit a new low due to weaker rival oils and negative export data in May.

MARKET DEVELOPMENT
31-05-2023

Palm oil logs worst day in two weeks as rival oils drop

SINGAPORE: Malaysian palm oil futures ended lower for a second consecutive session to log its worst day in two weeks as rival edible oils fell, with oversupply worries denting investor sentiment on Tuesday.

WORLD
31-05-2023

Indonesia aims to replant 540,000 ha of smallholder palm plantation by 2024

JAKARTA, May 30 (Reuters): Indonesia aims to accelerate its palm oil replanting programme to double the area it covered between 2017 and 2022 in an effort to maintain production, a government official said on Tuesday.

MARKET DEVELOPMENT
31-05-2023

VEGOILS-Palm slides for second day tracking weaker edible oils

Malaysian palm oil futures extended losses for a second straight session on Tuesday, tracking weakness in rival edible oils.

LOCAL
31-05-2023

Fadillah confident meeting on EUDR will be fruitful

BRUSSELS: Deputy Prime Minister and Plantation and Commodities Minister, Datuk Seri Fadillah Yusof, expressed his confidence that the meeting here on the European Union's Deforestation Regulation (EUDR) will be fruitful amid the higher level of engagement.

LOCAL
31-05-2023

MSPO certification process constantly evolving, improving, says Fadillah

BRUSSELS (May 31): The Malaysian Sustainable Palm Oil (MSPO) certification scheme, introduced in 2013, is constantly evolving and improving, said Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof.

LOCAL
31-05-2023

Sarawak’s Dayak Oil Palm Planters Association (DOPPA) signs MoU with Dibiz Global For Transparent Supply Chain

MIRI, SARAWAK, MALAYSIA, May 30, 2023/EINPresswire.com/ -- The Sarawak Dayak Oil Palm Planters Association (DOPPA) has signed a Memorandum of Agreement with Dibiz Global as a proactive measure to meet European Union Deforestation Regulations.

MARKET DEVELOPMENT
30-05-2023

DPM Fadillah arrives in Brussels in mission to defend palm oil industry over EU deforestation regulation

29/05/2023 (The Star Online), Brussels - Deputy Prime Minister Datuk Seri Fadillah Yusof arrived in Brussels, Belgium, at 5.30am Malaysia time for his official visit and trade mission to the European Union (EU).

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