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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Govt working to address fertiliser price hike to help oil palm smallholders, says Deputy Commodities Minister
KAMPAR: The spike in oil palm fertiliser prices is a worldwide issue, says Datuk Seri Dr Wee Jeck Seng (pic).
Cooking oil: Govt urged to collect sales tax on basis of $750 per ton price
KARACHI: M Bashir Janmohammed, Chairman, Pakistan-Malaysia Business Council (PMBC) has urged the federal government to collect the sales tax on the basis of price US$750 per ton to curtail the smuggling of Iranian edible oil in the country.
Moves to help oil palm smallholders, says Wee
IPOH: Several discussions are being held by the relevant ministries to help oil palm smallholders, says Datuk Seri Dr Wee Jeck Seng.
Tapping technology to boost palm oil yields
LETTERS: We are all well aware that our nation is on the road to recovery following the devastating impact of the Covid-19 pandemic, which not only claimed many lives, but also battered the economy.
Palm Oil Prices to Decline Gradually as Output Rises
Fitch Ratings expects higher output over the next year to drive a gradual decline in crude palm oil (CPO) prices, which rose to a record of over USD1,900 per tonne (t) in Malaysia in early March 2022.
Oil palm planters can tackle rising operation costs by improving FFB yields — CGS-CIMB
KUALA LUMPUR (March 29): Oil palm planters can address rising operation costs, potentially between 10% and 15%, by improving their fresh fruit bunch (FFB) yields to reduce their production cost per tonne, CGS-CIMB Securities Sdn Bhd said.
MPIC ready to assist UK, Europe over edible seed oil crisis
PETALING JAYA: The Ministry of Plantation Industries and Commodities (MPIC) is prepared to assist the United Kingdom and Europe over their impending edible seed oil supply crisis.
CPO prices to moderate in 2022 on higher output
FITCH Ratings Inc expects a gradual decline in crude palm oil (CPO) prices on higher output, and assumes an average benchmark price of US$1,000 (RM4,220) per tonne in 2022, US$700 per tonne in 2023 and US$600 per tonne thereafter.
India buys Russian sunoil at record high price as Ukraine supplies halt
MUMBAI (March 29): India has contracted 45,000 tonnes of Russian sunflower oil at a record high price for shipments in April, as edible oil prices in the local market surged after supplies from rival Ukraine stopped, five industry officials told Reuters.
