Berita Arkib

JAKARTA (May 31): Malaysian palm oil benchmark futures fell on Thursday as a weak demand outlook continued to put pressure on prices of the vegetable oil.

In recent years, Peru's sprawling jungle has been cleared for palm oil and cocoa plantations. Conservationists say the land is controlled by private companies who acquired it through corrupt means.

Uganda has revived a palm oil expansion project that has been shelved for more than a decade, according to a report published by Bloomberg.

KUALA LUMPUR (May 31): Exports of Malaysian palm oil products during May 1-31 fell 8.8% to 1,196,805 tonnes, from 1,311,770 tonnes shipped during April 1-30, inspection company AmSpec Agri Malaysia said on Thursday.

ASABA—GOVERNOR Ifeanyi Okowa of Delta State, yesterday, performed the ground-breaking of a 3, 000 hectare oil palm plantation and processing plant in Akwukwu-Igbo, Oshimili North Local Government Area of the state as part of efforts to boost agriculture in the state.

PARIS: EU 2017/18 soybean imports had reached 12.2 million tonnes by May 29, down 4 percent from 12.75 million tonnes a year earlier, official data showed on Thursday.

PETALING JAYA: The Pakatan Harapan government’s manifesto to raise minimum wage to RM1,500 should not be made mandatory for the plantation sector, according to Sime Darby Plantation Bhd.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday May 31.

Indonesia's shipment of palm oil and palm kernel oil dropped 7 percent to 2.39 million tonnes in April from a year earlier, the Indonesian Palm Oil Association (GAPKI) said on Wednesday.

KUALA LUMPUR: TH Plantations Bhd’s net profit for the quarter ended March 31, 2018 (1QFY18) slumped 67.42% to RM3.23 million, from RM9.92 million a year ago, dragged by lower other income, lower profit margin income on investment, as well as high effective tax rate.

President Joko "Jokowi" Widodo has called on Indian Prime Minister Narendra Modi to reduce the import tariff for palm oil products from Indonesia.

Malaysian palm oil futures closed higher on Wednesday, rebounding from their weakest levels in over three weeks, as they tracked related oil prices in the Chinese market.