|
AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Izzana Salleh Named New CPOPC Chief As Council Eyes Stronger Global Voice
28/05/2025 (Bernama), Jakarta - The Council of Palm Oil Producing Countries (CPOPC) has appointed Izzana Salleh as its new secretary general and Dr Musdhalifah Machmud as deputy, with their roles to start from June 2025 until May 2028.
CPO Futures Close Higher On StrongExports, Firm Soybean Oil Prices
28/05/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives ended higher today,supported by stronger export performance.
The unsung gentleman of global sustainability — Ahmad Ibrahim
28/05/2025 (Malay Mail) - Palm oil has come a long way since assuming leadership of the global oil and fats business.
FGV flags weaker palm oil prices ahead after reporting turnaround in 1Q
28/05/2025 (The Edge Malaysia), Kuala Lumpur - FGV Holdings Bhd (KL:FGV) on Wednesday flagged lower palm oil prices in the short term after reporting a turnaround in the first quarter.
Malaysia commits to global leadership in sustainable palm oil industry
28/05/2025 (The Straits Times), Singapore - Malaysia is committed to becoming a global leader in sustainable agrocommodities, especially in the palm oil industry, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
Palm rises on stronger Dalian oils, crude; weak Chicago soyoil caps gains
28/05/2025 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures opened higher on Wednesday for a fourth session, buoyed by stronger rival Dalian oils and crude oil prices, though weaker Chicago soyoil limited gains.
Sarawak records 8.6 pct rise in palm oil FFB production this year
27/05/2025 (The Borneo Post), Kuching - Sarawak has produced 4.85 million tonnes of oil palm’s Fresh Fruit Bunches (FFB), marking an 8.6 per cent increase compared to 4.47 million tonnes in the same period last year, said Dato Sri Dr Stephen Rundi Utom.
IOI Corp’s 3Q profit doubles on higher palm product prices
27/05/2025 (The Edge Malaysia), Kuala Lumpur - IOI Corp Bhd’s (KL:IOICORP) net profit for the third quarter more than doubled year-on-year thanks to higher palm product prices.
Africa could face sharp rise in palm oil prices
27/05/2025 (UkrAgroConsult) - Indonesia’s recent decision to increase its crude palm oil (CPO) export duty from 7.5% to 10% will have significant implications for global markets, particularly in Africa. Many African countries rely heavily on palm oil imports from Southeast Asia and are likely to face higher costs once the new tax comes into effect.