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CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm oil consumption forecast to increase
Using tech for better results
13/03/2024 (New Straits Times) - SIME Darby Plantation Bhd (SD Plantation) plans to widen the use of technology in its operations on the ground to attract more Malaysians to work in oil palm plantations and change their perception of what is often regarded as 3D (dangerous, difficult, and dirty) jobs in the sector.
Tanjung Rambutan shop in hot water for hoarding cooking oil
13/03/2024 (The Star Online), Ipoh - A shop in Tanjung Rambutan here has landed in hot water after refusing to sell bagged cooking oil to the public.
Kelantan Customs stop smuggling of Malaysian cooking oil bound for Thailand
13/03/2024 (New Straits Times), Kota Baru - A smuggling attempt involving 10,175kg of 1kg Malaysian-subsidised cooking oil packed in polybags, destined for Thailand, was thwarted yesterday, leading to the arrest of a lorry driver and his attendant, both in their 30s.
Edible oil imports falls 21% since November
14/03/2024 (Financial Express) - The imports of edible oils – palm, soybean and sunflower — in the first four months of the 2023-24 oil year (November-October) declined by 21% to 4.61 million tonne (MT) compared to same period last oil year. The high base of last year and an incipient spurt in global prices of the oils are the reason for the drop in imports on annual basis.
Vegetable oil imports dwindle 13% in Feb to 975,000 tonnes, says SEA
13/03/2024 (Business Standard) - India's vegetable oils import fell 13 per cent year-on-year in February to nearly 9.75 lakh tonne, according to industry data.
Palm oil harvest may pick up in March
13/03/2024 (The Star Online), Petaling Jaya - The weak palm oil harvest for February is neutral for the market given it was seasonally a low production season.
FGV promotes MSPO logo on Saji cooking oil labels
12/03/2024 (New Straits Times), Kuala Lumpur - To promote sustainable practices in the palm oil industry, FGV Holdings Bhd has signed a strategic collaboration with Malaysian Sustainable Palm Oil (MSPO) to promote the latter's certification label on its Saji cooking oil products.
Palm oil rises on stronger Dalian rivals, lower output data
12/03/2024 (XM), Kuala Lumpur - Malaysian palm oil futures rose on Tuesday, buoyed by strength in Dalian edible oils and lower production figures in Malaysia,the world's second-biggest producer.
VEGOILS-Palm oil hovering around 8-month highs as stronger rivals offset lower exports
12/03/2024 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures were little changed on Tuesday after closing at near 8-month highs in the previous session, as stronger rival oils and crude oil prices offset a decline in exports.
