Latest News

MARKET DEVELOPMENT
15-08-2022

CPO futures close higher, pushing above RM4,200 a tonne

12/08/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher on Friday — breaking above the recent high of RM4,200 a tonne, supported by stronger soybean oil prices, a dealer said.

MARKET DEVELOPMENT
15-08-2022

CPO futures seen to rise

15/08/2022 (The Star Online) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend higher this week on the expectation of higher palm oil export estimates by cargo surveyors, said a dealer.

MARKET DEVELOPMENT
15-08-2022

India's palm oil imports fall in July as soyoil jumps to record high

13/08/2022 (The Star Online), Mumbai - India's palm oil imports in July fell 10% from a month ago, as refiners ramped up purchases of rival soyoil to take advantage of New Delhi's move to allow duty-free imports of the vegetable oil to calm all-time high prices, a trade body said on Friday.

MARKET DEVELOPMENT
15-08-2022

CPO futures seen trending higher next week on expectation of stronger exports

13/08/2022 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend higher next week on the expectation of higher palm oil export estimates by cargo surveyors, said a dealer.

MARKET DEVELOPMENT
15-08-2022

Indiaâ€™s palm oil imports decline as soy oil jumps

14/08/2022 (Taipei Times) - Indiaâ€™s palm oil imports last month fell 10 percent from a month earlier, as refiners ramped up purchases of rival soy oil to take advantage of New Delhiâ€™s move to allow duty-free imports of the vegetable oil to calm all-time high prices, a trade body said on Friday.

MARKET DEVELOPMENT
15-08-2022

Can robust exports be sustained?

15/08/2022 (The Star Online) - EXPORTS expanded strongly in June, growing by 38.8% year-on-year (y-o-y), but palm oil exports could face stiffer competition from Indonesia and oil and gas shipments could moderate on softening energy prices.

MARKET DEVELOPMENT
15-08-2022

Palm ends week higher amid demand optimism, strength in rival oils

12/08/2022 (Business Recorder), Jakarta - Malaysian palm oil futures posted a weekly jump as prices rose for a second straight session on Friday, buoyed by signs of a pickup in demand from key buyers and gains in rival Dalian oils.

OILS & FATS
12-08-2022

Approved foreign workers met only 19% of oil palm plantation sector's requirement in 2022 — MPOA

06/12/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA), which estimated RM20 billion in revenue losses for the oil palm plantation sector following harvester shortages, said the foreign workers approved for the sector translated into only 19% of the total required in 2022.

MARKET DEVELOPMENT
11-08-2022

VEGOILS-Palm oil breaks three-day gaining streak as stocks rise

Malaysian palm oil futures snapped a three-session gaining streak on Wednesday, after data showed stocks rose in July despite higher-than-expected exports.

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