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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Malaysia, Indonesia seek allies in EU deforestation row
27/11/2023 (DW) - Malaysia and Indonesia want to bring other Southeast Asian countries on their side amid ongoing disputes with the European Union over environmental and deforestation regulations that are set to take effect in late 2024, with the two nations worried about the regulations' impact on the region's agriculture exports.
Ta Ann earnings drop 36% in 3Q on lower CPO, FFB prices
28/11/2023 (The Edge Malaysia), Kuala Lumpur - Ta Ann Holdings Bhd’s net profit fell 36% to RM65.14 million in the third quarter ended Sept 30, 2023 (3QFY2023), from RM101.5 million a year ago, on lower palm oil and plywood product prices. The group also recognised a gain of RM4.9 million from changes in the fair value of biological assets.
CIMB sets science-based targets for palm oil sector
The Malaysian bank is the first to set decarbonisation targets for the sector, aiming to cut portfolio emissions intensity by 16 per cent by 2030. However, its commitment does not directly include smallholders, who are not within its existing base of clients.
Palm slips to near two-week low on weaker crude
Malaysian palm oil futures extended losses on Monday to its lowest closing in nearly two weeks, as weaker crude outweighedanticipation of lower output and improving demand.
Import reliance for pulses, oil seeds to stay through FY31: Study
The country will continue importing large quantities of pulses and oilseeds by 2030-31 because of a substantial gap between demand and supply of these commodities, a research paper by Nabard and Icrier has stated.
WTO agrees to Indonesia’s request to establish dispute panel to review EU’s duties on biodiesel imports
In Switzerland, the World Trade Organization’s Dispute Settlement Body (DSB) agreed at its meeting on Monday to a request from Indonesia for the establishment of a dispute panel to review countervailing duties imposed by the European Union on imports of biodiesel from Indonesia.
Palm tracks rival Dalian oils lower; lower output expectations limit losses
KUALA LUMPUR: Malaysian palm oil futures extended losses to a third consecutive session on Monday, weighed down by a decline in rival oils although anticipation of lower output and improving demand underpinned the contract.
Aceh’s palm oil road map aims to increase production, while protecting forests
The Aceh provincial administration has launched a road map that aims to deliver a strategy and policy framework that will guide the province to achieve sustainable palm oil production. Named the Aceh Road Map for Sustainable Palm Oil Development (Aceh SPO road map), the road map aims to increase production but at the same time reduce deforestation.
India asks for six million tonnes of palm oil from M'sia, says DPM
25/11/2023 (The Star Online), Kuching - Crude palm oil (CPO) exports to India continue to show positive development as the country's demand for CPO grew to six million tonnes, says Deputy Prime Minister Datuk Seri Fadillah Yusof.
