PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  06-09-2023

Sarawak premier tells oil palm planters mechanised harvesting can solve labour shortage

05/09/2023 (Malay Mail), Kuching - Sarawak Premier Tan Sri Abang Johari Openg today urged the oil palm plantation sector to look at mechanisation, particularly at harvesting, to overcome the labour shortage.

OILS & FATS  
  06-09-2023

India’s Erratic Monsoon Could Hurt Soybean Crop and Drive Up Edible Oil Imports

06/09/2023 (GRO Intelligence) - India’s monsoon has delivered erratic rainfall across many of the country’s major crop-producing regions. Soybeans, India’s biggest oilseed crop, could especially suffer from the adverse conditions and possibly force the world’s No. 1 vegetable oil importer to seek out additional edible oil supplies.

MARKET DEVELOPMENT  
  06-09-2023

Edible oil prices may not rise during festive season due to good supply

05/09/2023 (Business Standard) - Prices of edible oils may not rise during the upcoming festive season as international supply is good, said executives of leading fast-moving consumer goods (FMCG) companies.

OILS & FATS  
  06-09-2023

Govt’s subsidised cooking oil affects sales, says FFM

05/09/2023 (The Edge Malaysia), Kuala Lumpur - The government’s subsidy for the vast amount of repackaged cooking oil in the market have affected sales, said FFM Bhd chief executive officer Jeremy Goon.

MARKET DEVELOPMENT  
  05-09-2023

Palm oil closes down due to weaker rivals oils

Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and Zhengzhou Commodity Exchanges.

WORLD  
  05-09-2023

Palm oil buying lifts India's August edible oil imports to record -dealers

MUMBAI, Sept 4 (Reuters) - India's edible oil imports in August rose 5% to a record 1.85 million metric tons as refiners purchased more than 1 million tons of palm oil for the second consecutive month to build stocks for upcoming festivals, four dealers told Reuters.

WORLD  
  05-09-2023

Singapore supports use of palm oil in sustainable aviation fuel production

{JAKARTA] PALM oil should be included as feedstock for the production of sustainable aviation fuel (SAF), said Acting Transport Minister Chee Hong Tat.

LOCAL  
  05-09-2023

Sabah needs to introduce attractive investment policies

KOTA KINABALU (Sept 4): The state government needs to be more proactive, especially to introduce policies which are more attractive and competitive to attract Foreign Direct Investment (FDI), if it aspires to develop its palm oil downstream industry.

MARKET DEVELOPMENT  
  05-09-2023

COLUMN-Funds buy CBOT corn and soybeans amid poor finish to US crop -Braun

NAPERVILLE, Illinois, Sept 4 (Reuters) - The second half of August was exceptionally dry in the U.S. Corn Belt, likely trimming yields for corn and especially soybeans due to their reliance on late-season moisture. Speculators responded by boosting their bullish Chicago soybean bets, which they have held for more than three years, and easing bearishness in corn futures.

LOCAL  
  05-09-2023

Malaysian palm oil down

JAKARTA: Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and Zhengzhou Commodity Exchanges.

OILS & FATS  
  04-09-2023

Indonesia, Malaysia push biofuel to offset palm oil price downturn

04/09/2023 (Asia Nikkei), Jakarta / Kuala Lumpur - Weak prices for palm oil, a worsening outlook and a backlash against the commodity over deforestation concerns are pushing Indonesia and Malaysia -- the world's biggest producers -- to boost domestic use through developing jet fuels and expanding biodiesel programs.

MARKET DEVELOPMENT  
  04-09-2023

Curtin Malaysia student’s video on innovation, sustainability for palm oil wins competition

04/09/2023 (The Borneo Post), Miri - Yiek Siew Teck, a third-year chemical engineering student of Curtin University Malaysia (Curtin Malaysia) was recently announced as winner of the POPSIG-KLK Palm Oil Video competition. Held by the IChemE Palm Oil Processing Special Interest Group (Popsig), the competition served as a platform for engineering talents to showcase their innovative ideas and perspectives on the palm oil industry.