Berita Arkib

Plantation companies are likely to record higher revenues in the fourth quarter this year as crude palm oil (CPO) prices are expected to recover from its three-year low in October.

Nestlé has vowed to reach 100% "responsibly sourced" palm oil by 2020 and is using satellite technology to monitor suppliers and blacklist violators. It will make the list of compliant and noncompliant suppliers public in March 2019

The vilification of oil palm in Sri Lanka on the grounds of the crop’s purported adverse impact on the environment is completely unjustifiable, given that the extent of land under oil palm is just 1.1 percent of the extent under traditional crops – tea, rubber and coconut – an industry body has stated

KUALA LUMPUR: Citi Research is retaining Sime Darby Plantation as its top pick among the Malaysian plantation companies with a target price of RM6.29.

KUALA LUMPUR (Oct 8): Malaysian palm oil futures fell at the midday break on Monday, set to chart a second straight session of losses, as they tracked losses in soyoil on the US Chicago Board of Trade.

SINGAPORE (Oct 8): Palm oil may fall to RM2,200 per tonne, following its failure to break a resistance at RM2,240.

The trade war is set to take its toll on the American and Chinese economies in 2019.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil market on Monday Oct 8.

Chicago soybean prices rose for a second consecutive session on Monday, hitting their highest in more than six weeks as rains in parts of the U.S. Midwest delay the harvest of what is expected to be a record crop.

KUALA LUMPUR: Malaysia has agreed to nominate experts to sit on the European Commission's Expert Panel on Indirect Land Use Change (ILUC) that could impact the future use of palm oil as part of the biofuel mix within the European Renewable Energy Directive (RED) II.

FARMERS belonging to the militant group Kilusang Magbubukid ng Pilipinas (KMP) on Sunday criticized the Department of Agrarian Reform (DAR) for pursuing the expansion of oil palm plantations in Palawan, Central Visayas and Mindanao.

KUALA LUMPUR: Malaysia has agreed to appoint experts to be part of the European Commission’s panel which will look into indirect land use, which is crucial to avert discrimination by the EU countries.