Berita Arkib
18-12-2024
Tiong Hiew King in palm oil business acquisition
18/12/2024 (The Star), Petaling Jaya - A company linked to Sarawak timber and media baron Tan Sri Tiong Hiew King is acquiring a 13.75% stake in Borneo Edible Oils Sdn Bhd (BEO) from two Main Market-listed companies, Subur Tiasa Holdings Bhd and Rimbunan Sawit Bhd, for RM5.35mil cumulatively.
18-12-2024
Boosting quality analysis for local palm oil industry
17/12/2024 (Far Eastern Agriculture) - Leading provider of professional Near-Infrared (NIR) analysis products and services, IAT (Singapore) Technology Pte. Ltd. (IAT) recently signed a memorandum of Understanding (MoU) with Aspekpir Indonesia, aiming to revolutionise quality analysis in the palm oil industry
18-12-2024
Codex Standard for high oleic soybean oil established
17/12/2024 (KFGO) - The U.S. Soybean Export Council (USSEC) is pleased to recognize the establishment of the Codex Standard for high oleic soybean oil (HOSO). During its 47th meeting on November 25-30, the Codex Alimentarius Commission (CAC) adopted a revision to the Standard for Named Vegetable Oils (Codex Stan 210-1999) to include the first standard for HOSO.
17-12-2024
CPO FUTURES DROP ON WEAKER SOYBEAN OIL, CRUDE OIL PRICES
16/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Monday, taking its cue from the weaker soybean oil prices, said palm oil trader David Ng.
17-12-2024
Palm rebounds on stronger rival Dalian oils, weaker ringgit
16/12/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures rebounded on Monday, following a recovery in rival Dalian oils and weakness in the ringgit.
17-12-2024
Exports of palm oil and related products reached RM99.3b for Jan-Nov period – Johari
16/12/2024 (Bernama), Bangi - Exports of palm oil and related products have recorded RM99.3 billion for the period January-November 2024, an increase of RM12.5 billion compared to the same period in 2023.
17-12-2024
Indonesia set to officially implement B40 biodiesel blending programme on 1 January
16/12/2024 (Oils and Fats International) - The Indonesian government is set to start its 40% palm oil-based biodiesel (B40) blending programme on 1 January, according to a report by The Star.
17-12-2024
India's palm oil promise: A 2030 blueprint to reduce import dependence
16/12/2024 (Business Standard) - Earlier in July this year, the Indian government kickstarted a mega oil plantation drive. The second drive, which follows the last year’s drive, is in sync with the National Mission of Edible Oils – Oil Palm (NMEO-OP) aimed at reducing the country’s import dependence and achieving self-reliance in edible oils, thereby increasing farmer’s income.
16-12-2024
MALAYSIA'S COMMODITY SECTOR THRIVES IN 2024 DESPITE GLOBAL CHALLENGES
15/12/2024 (Bernama), Kuala Lumpur - Malaysia's commodity sector has demonstrated resilience and growth in 2024 despite global headwinds, supported by robust exports and favourable market dynamics.
16-12-2024
CPO futures likely to trade on bullish bias this week
16/12/2024 (The Star), Kuala Lumpur - The crude palm oil (CPO) futures contract on the Bursa Malaysia Derivatives is expected to trade with a bullish bias this week, given weaker output and potentially lower stock levels for the month, a dealer says.
16-12-2024
Exclusive: Heavy rains to hit Malaysian palm oil output again in December, says MPOB
13/12/2024 (Reuters) Kuala Lumpur/Mumbai - Malaysia's palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world's second-largest producer of the tropical oil, the industry regulator told Reuters on Friday.
16-12-2024
Why wheat and edible oil are the real inflation worries now
16/12/2024 (The Indian Express) - Low stocks and production uncertainties make wheat imports inevitable, while Indonesia’s biodiesel blending programme has caused global palm oil prices to soar.