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CPO Futures Extend Loss For Third Day On Weaker Crude Oil Prices
MPOC expects CPO prices to range from MYR4,400-MYR4,650/tonne in July as palm oil supply outlook tightens
Malaysian Palm Oil Futures Rebound on Stronger Edible Oils and Weak Ringgit
Palm oil prices rose on Monday
China Palm Oil Prices Show Mixed Trends with Up and Down
According to data from SunSirs, the domestic palm oil market experienced wide fluctuations and minor adjustments during the first ten days of July. The average market price was 9,098 RMB/ton on July 1 and 9,112 RMB/ton on July 17, marking a 0.15% increase.
Bhatti Vikramarka inaugurates Integrated Oil Palm Complex, calls oil palm an assured source of income even during drought
Deputy Chief Minister Mallu Bhatti Vikramarka on Monday said oil palm cultivation offers farmers assured income even during adverse conditions such as El Nino and drought, reaffirming the government’s continued support to promote the crop
Singapore Doesn’t See Haze Issue with Indonesia’s Palm Oil Biodiesel
Singaporean think-tank SIIA cautioned about the risk of transboundary haze from a biodiesel rush in Southeast Asia, warning that some growers might deliberately light fires to clear land for plantations. The report flagged Indonesia’s ambitious palm oil-based biodiesel rollout, although SIIA wrote that current production levels should suffice
Govt assures B50 mandate not affect CPO exports
Expert Staff for Connectivity and Service Development at the ministry, Dida Gardera, stated here on Monday that the assurance is backed by the country’s successful track record during the transition from B35 to B40 in 2024
'Super' El Nino to bring record temperatures in Malaysia next year, weather agency says
The El Niño phenomenon is a natural part of the weather cycle, characterised by weakening trade winds and warmer sea currents in the Pacific Ocean. Climate experts have warned of a strong or super-strong El Niño this year, raising risks of severe weather such as droughts, floods, and heatwaves
Palm oil gains on surging crude prices, El Niño worries
Malaysian palm oil futures rose on Monday, tracking a rally in crude oil pricesand strength in Dalian vegetable oils, while renewed worries about El Niño also helped pull prices higher.
Palm oil prices edged lower on Friday after weekly gains
Malaysian palm oil futures ended the week higher despite posting a modest decline on Friday. The benchmark October contract on the Bursa Malaysia Derivatives Exchange fell by 12 ringgit, or 0.26%, to 4,594 ringgit ($1,123) per ton, but still gained 1.79% over the week.
Plantation ESG: Green halo, muddy shadow
PLANTATION taught me that truth seldom stands at the entrance gate.
From bunch to bounty
OVER the years, I have brought many visitors to palm oil mills. Some were officials, bankers, customers, journalists, board members, students, foreign guests, community leaders and curious friends who had heard much about palm oil but had never actually seen how it was made. Most arrived with confidence. Most left with humility.