Latest News

MARKET DEVELOPMENT
30-12-2024

Johari: Palm oil dealers to issue receipts or risk losing licences

28/12/2024 (New Straits Times), Kuala Lumpur - Beginning January, all palm oil dealers will be required to issue purchase receipts for commodities bought from smallholders, with non-compliance resulting in non-renewal of their licences.

MARKET DEVELOPMENT
30-12-2024

CPO Futures May Be Supported By Weaker Output, Lower Stocks Next Week

26/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week due to weaker output and lower stock levels, according to palm oil David Ng.

MARKET DEVELOPMENT
30-12-2024

Palm rises, snaps two-week decline on bargain buying, strong rival oils

27/12/2024 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures rose on Friday, buoyed by bargain buying and stronger rival edible oils, though weaker export estimates capped gains.

MARKET DEVELOPMENT
27-12-2024

CPO Futures Close Lower Amid Concerns Over Weaker Demand

26/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday following concern over weaker demand in the coming weeks, which might raise the overall stock level in the country, said a dealer.

MARKET DEVELOPMENT
27-12-2024

Palm falls on heavy selling, weakness in Dalian palm olein

26/12/2024 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures fell on Thursday after the Christmas break, driven lower by heavy selling and weakness in Dalian palm olein.

MARKET DEVELOPMENT
27-12-2024

Malaysia Palm Oil Trades Flat as Christmas Holiday Approaches

26/12/2024 (Cham Analyst News) – Malaysian palm oil futures remained largely unchanged on Tuesday, as profit-taking capped potential gains ahead of the Christmas holiday. The benchmark palm oil contract for March delivery on Bursa Malaysia Derivatives Exchange rose by 13 ringgit, or 0.28, ending the session at 4,555 ringgit ($1,015.83) per metric ton. According to the Malaysian Palm Oil Council (MPOC), crude palm oil futures traded sideways to lower due to profit-taking activities, as traders adjusted their positions before the festive break. The market had experienced at 2.46% gain on Monday, snapping a six-day losing streak. This recovery was largely driven by stronger Dalian soyoil prices and traders capitalizing on cheaper contracts after the recent price declines.

OILS & FATS
27-12-2024

Hundreds of palm oil enterprises in four regions strengthen their OSH preventive culture

25/12/2024 (ILO News), Northen Sumatra, Southern Sumatra, Riau Islands And Kalimantan, Indonesia - A total of 406 representatives of employers and workers from 210 palm oil enterprises in four regions—Northern Sumatra, Southern Sumatra, Riau Islands and Kalimantan—have participated at the Training of Trainers on Participatory Action-Oriented Training (PAOT), jointly organized by the ILO and the Social Security Provider for Employment (BPJS Ketenagakerjaan). These series of training programmes were held within the months of September and October.

MARKET DEVELOPMENT
26-12-2024

Palm dips on heavy selling, weakness in Dalian palm olein

26/12/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures slipped on Thursday after the Christmas break, weighed down by heavy selling and weakness in Dalian palm olein.

MARKET DEVELOPMENT
26-12-2024

Palm trades lower on profit taking ahead of Christmas holidays

24/12/2024 (New Straits Times), Kuala Lumpur - Malaysian palm oil futures slipped on Tuesday as traders booked profits ahead of the Christmas holidays.

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