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GRAINS-Chicago soyoil nears 2008 high as Indonesia bans palm oil exports
Food sector to lead strong palm oil demand in 2022, says Zuraida
MALAYSIAN PALM OIL SEEN REACHING 1,500 RGT/TONNE
Ministry Extends Due Date for Oil Palm Replanting
Certification key for smallholders as demand for sustainable palm oil surges — RSPO
29/11/2022 (The Edge Markets), Kuala Lumpur - Roundtable on Sustainable Palm Oil (RSPO) certification adoption is still very low in Malaysia, at less than 1% or the equivalent of 1,700 smallholder oil palm farmers certified to date.
IOI Corp expects CPO prices to remain firm
29/11/2022 (The Star Online), Petaling Jaya - IOI Corp Bhd is expecting firm crude palm oil (CPO) prices for its next two financial quarters ending March 31, 2023.
Sarawak Plantation's 3Q profit down 57% on lower sales volume
29/11/2022 (The Edge Markets), Kuala Lumpur - Palm oil producer Sarawak Plantation Bhd reported a 56.7% year-on-year drop in net profit to RM18.2 million in the third quarter ended Sept 30, 2022 (3QFY2022), on the back of lower sales volume of crude palm oil (CPO) and palm kernel (PK).
RMRDC promoting oleochemical producing plants to boost economy
29/11/2022 (BluePrint) - The Raw Materials Research and Development Council (RMRDC) over the years continue to spear head the promotion of the establishment of oleochemical (palm oil) producing plants in Nigeria to reduce importation of palm oil and boost Nigeria’s Gross Domestic Product (GDP); BINTA SHAMA reports.
QL Resources Q2 net profit up 104pc to RM93.9m
29/11/2022 (Malay Mail), Kuala Lumpur - QL Resources Bhd’s net profit for its second quarter ended September 30, 2022 (Q2 2022) grew to RM93.9 million, or up 104 per cent, from RM45.94 million in Q2 2021 as a result of higher sales across all business segments.
Palm oil planters group seeks appointment of minister who understands industry woes
28/11/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Solidarity Group (POSG) has urged Prime Minister Datuk Seri Anwar Ibrahim to pick a minister for the industry, who has the experience and attributes to understand the wide spectrum of serious issues that beset the Malaysian palm oil sector.
Hypocritical to disallow palm oil for sustainable aviation fuel
29/11/2022 (New Straits Times) - Letters: The Centre for Research, Value Innovation and Entrepreneurship (Cervie) recently hosted a talk by Airbus Malaysia, which touched on challenges and opportunities in global business, as the industry must come to grips with the world demand for sustainability.
Sime Darby Plantation submits action plan to Roundtable Sustainable Palm Oil
28/11/2022 (Malay Mail), Kuala Lumpur - Sime Darby Plantation Bhd said it has submitted its action plan on the findings from an independent verification assessment to the Roundtable Sustainable Palm Oil (RSPO) ahead of schedule.
Pick experienced minister for oil palm industry – Group
27/11/2022 (Borneo Post Online), Kota Kinabalu - The Malaysian Palm Oil Solidarity Group in congratulating Datuk Seri Anwar Ibrahim on his appointment as Malaysia’s 10th Prime Minister, said it looks forward to a fresh approach under his leadership to move the nation forward, with policies that will enable economic and social progress resulting in benefits to be shared equitably amongst all Malaysians.
