PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 30 Apr 2024

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Berita Arkib

WORLD  
  30-01-2024

MPOC: UK advisory group says Malaysian palm oil is sustainable

KUALA LUMPUR (Jan 29): Malaysian palm oil is sustainable, and its zero-tariff rate would be beneficial, according to the Trade and Agriculture Commission (TAC), an expert advisory group to the United Kingdom (UK) government.

LOCAL  
  30-01-2024

Malaysian Oil Palm Green Conservation Foundation: Achieving coexistence with wild elephants in Johor (VIDEO)

KUALA LUMPUR, Jan 29 — Over the past 30 years, the wild elephant population in Johor has been severely affected by deforestation for agriculture and plantation expansion.

MARKET DEVELOPMENT  
  30-01-2024

Palm oil snaps three-day winning streak on weak rival oils, profit taking

SINGAPORE: Malaysian palm oil futures snapped a three-day rally on Monday, due to weakness in rival oils and on profit taking.

WORLD  
  30-01-2024

Funds continue cultivating massive CBOT grain, oilseed short

NAPERVILLE, Illinois, Jan 28 (Reuters) - Speculators have built their most bearish-ever January view across U.S. grains and oilseeds, and the collective net short is among the largest on record, driven by further selling in soybeans and meal last week.

MARKET DEVELOPMENT  
  29-01-2024

Palm oil futures drop 1pc on weak rival edible oils

29/01/2024 (New Straits Times), Singapore - Malaysian palm oil futures dropped on Monday, as traders gauged weakness in rival edible oils, although higher crude prices limited losses.

OILS & FATS  
  29-01-2024

PFA fines 1100 eateries for unhygienic cooking practices

29/01/2024 (The Nation, Pakistan), Islamabad - In a recent extensive operation spanning the entire province, the Punjab Food Authority (PFA) has tak­en decisive action against the use of substandard cooking oil, issuing warning notices to 4,000 food points and imposing hefty fines on 1,100 outlets.

MARKET DEVELOPMENT  
  29-01-2024

CPO futures to trade rangebound next week as profit-taking activities expected

28/01/2024 (New Straits Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade rangebound next week with the possibility of profit-taking activities after the recent rally.

MARKET DEVELOPMENT  
  29-01-2024

East Kalimantan Declares Support for National Palm Oil Industry Downstreaming Program

28/01/2024 (Tempo.co), East Kalimantan - The East Kalimantan provincial government declared that they fully support the downstreaming program of the national palm oil industry that aims to make the palm oil plantation sector as one of the mainstays of the Indonesian economy.

MARKET DEVELOPMENT  
  26-01-2024

Securing rights for plantation workers

26/01/2024 (The Star Online) - BUILDING a better life for family was Panji’s main source of motivation to work tirelessly, even if it meant doing hard labour.He noticed that friends and relatives who had migrated to work in Malaysia could afford to build comfortable houses for their families and provide proper education for their children.

MARKET DEVELOPMENT  
  26-01-2024

Improving traceability of sustainable palm oil

26/01/2024 (The Star Online) - PALM oil exports were a challenging, high-profile issue for Indonesian diplomats in 2023, particularly concerning European Union (EU)-Indonesia trade deal negotiations and the EU Deforestation Regulation (EUDR) that have caused unhappiness at the highest levels.

MARKET DEVELOPMENT  
  26-01-2024

Benchmark for Sabah oil palm sustainability

25/01/2024 (Daily Express), Kota Kinabalu - The Sabah Jurisdictional Approach for Sustainable Palm Oil (Jaspo) Initiative is developing a system to monitor the progress and impacts of jurisdictional approach to Sabah.

MARKET DEVELOPMENT  
  26-01-2024

Malaysia’s palm oil harvest gets boost from foreign worker move

24/01/2024 (The Edge Malaysia), Kuala Lumpur - Palm oil output in Malaysia, the number two supplier, could rise 5% this year after the government allowed plantations to hire foreign workers, said Joseph Tek, chief executive of the Malaysian Palm Oil Association.