PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  25-08-2023

RSPO helps smallholders market sustainable Palm Oil to the global market

25/08/2023 (New Straits Times), Kuala Lumpur - Malaysia's oil palm smallholders have the opportunity to generate higher incomes by increasing exports of their products through the Malaysian Sustainable Palm Oil (MSPO) and Roundtable on Sustainable Palm Oil (RSPO) certification programmes.

MARKET DEVELOPMENT  
  25-08-2023

Anti-Deforestation Law Is EU's Measure to Regulate Palm Oil Price, Expert Says

25/08/2023 (Tempo.Co), Jakarta - Researcher from the Institute for Economic and Social Research of Universitas Indonesia Eugenia Mardanugraha said that the EU's Anti Deforestation Law (EUDR) is Europe's line of action to control the prices of palm oil.

MARKET DEVELOPMENT  
  25-08-2023

VEGOILS-Palm ends over 1% up on Dalian edible oils uptick, bargain-buying

24/08/2023 (Nasdaq), Singapore - Malaysian palm oil futures finished more than 1% higher on Thursday, snapping a two-day downturn, as traders sought bargains amid higher prices of bean and palm oil on the Dalian exchange.

OILS & FATS  
  25-08-2023

The country imports an average of $4 million worth of sunflower oil every year.

24/08/2023 (Graphic.com, Ghana) - As a result, a sunflower project to bolster farmers’ capacity to go into large-scale cultivation of the crop has been launched in Accra.

MARKET DEVELOPMENT  
  24-08-2023

CPO futures close lower, influenced by CBOT soybean futures

23/08/2023 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed lower for the second day this week, influenced by a drop in the Chicago Board of Trade (CBOT) soybean oil futures during the prior night and early Asian trading hours.

MARKET DEVELOPMENT  
  24-08-2023

Far East’s 2Q net profit drops 92% on lower average CPO, palm kernel prices

24/08/2023 (The Edge Malaysia), Kuala Lumpur - Far East Holdings Bhd’s net profit shrank 91.56% to RM5.92 million in the second quarter ended June 30, 2023 (2QFY2023) from RM70.18 million a year earlier, amid lower average crude palm oil (CPO) and palm kernel (PK) prices as well as lower fresh fruit bunch production.

MARKET DEVELOPMENT  
  24-08-2023

El Nino may cause CPO prices to hit, even exceed RM4,000 per tonne in 2H2023 — Sime Darby Plantation MD

23/08/2023 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) prices may rise to, or even surpass RM4,000 per tonne in the second half of 2023 (2H2023) due to the El Nino phenomenon, compared to the current level of RM3,000 per tonne, according to Sime Darby Plantation Bhd managing director Datuk Mohamad Helmy Othman Basha.

MARKET DEVELOPMENT  
  24-08-2023

Palm sinks to 1-week low on weaker rival oils, rising supply

23/08/2023 (Business Recorder), Singapore - Malaysian palm oil futures fell to a one-week trough on Wednesday, dragged down by softer rival oils and increased output from South Peninsular palm oil mills.

MARKET DEVELOPMENT  
  24-08-2023

SEA concerned over increasing dependence on edible oil import, deficient rainfall

23/08/2023 (The Hindu Business Line) - The Solvent Extractors’ Association of India (SEA) has expressed concerns over the deficient rainfall in the country and the increasing dependence on import of edible oils.

MARKET DEVELOPMENT  
  23-08-2023

Malaysia keeps September crude palm oil export duty at 8%

22/08/2023 (The Star Online), Kuala Lumpur - Malaysia maintained its export tax for crude palm oil at 8% for September and increased its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

MARKET DEVELOPMENT  
  23-08-2023

India vegetable oil industry group to explore palm oil trade with Thailand

22/08/2023 (The Edge Malaysia), New Delhi - A group of Indian vegetable oil importers and refiners will explore new business opportunities in Thailand's palm oil sector.

MARKET DEVELOPMENT  
  23-08-2023

SEA delegation to explore collaboration potential with Thai palm oil industry

22/08/2023 (The Hindu Business Line) - A delegation of the Solvent Extractors’ Association (SEA) of India will be visiting Thailand to explore the potential for collaboration with the palm oil industry in Thailand.