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Berita Arkib

MARKET DEVELOPMENT  
  12-01-2018

CPO to average at RM2,500 per tonne this year: analyst

KUALA LUMPUR: Hong Leong Investment Bank (HLIB) expects average crude palm oil (CPO) to be at about RM2,500 per tonne this year.

MARKET DEVELOPMENT  
  12-01-2018

Ghana eyes Malaysian oil palm cultivation model

Ghanaian President Nana Addo Dankwa Akufo-Addo has announced that the country intends to understudy Malaysia in a bid to revamp its oil palm industry.He noted that the Asian country received its first oil palm seedling from Ghana, but was now producing the greatest amount of oil palm in the world while Ghana was struggling to produce a few tonnes.

MARKET DEVELOPMENT  
  11-01-2018

M’sian delegation to meet EU reps over palm oil ban

A delegation from Malaysia will meet with Members of the European Parliament (MEPs) in the first quarter 2018 to discuss issues relating to palm oil, including the European Union’s ban on the commodity.

MARKET DEVELOPMENT  
  11-01-2018

CPO prices face pressure from rising inventory, ringgit

KUALA LUMPUR: Crude palm oil prices could face increased increased pressure based on rising inventories and the strengthening of the ringgit, says PublicInvest Research.

MARKET DEVELOPMENT  
  11-01-2018

Palm oil up nearly 1% on stronger export data

KUALA LUMPUR (Jan 10): Malaysian palm oil futures rose nearly 1% on Wednesday, rebounding from a sharp drop in the previous session, as strong export data from a cargo surveyor supported market gains.

MARKET DEVELOPMENT  
  11-01-2018

Malaysia's December palm oil rises 7 pct month-on-month

KUALA LUMPUR, Jan. 10 (Xinhua) -- Malaysia's palm oil stockpile rose 6.97 percent to 2.73 million ton in December 2017, from 2.55 million ton in November, said the Malaysian Palm Oil Board's (MPOB) Wednesday.

MARKET DEVELOPMENT  
  11-01-2018

Commodities Buzz: Malaysia Palm Oil Exports To Surge After Duty Free Exports

As per official data, Malaysia may see its palm oil exports increase after its government suspends export taxes on crude palm oil (CPO). Malaysian Plantation Industries and Commodities Minister Mah Siew Keong announced recently the suspension of export taxes on CPO for three months from January 8 Monday to April 7, in a bid to boost palm oil prices and reduce high stockpiles.

MARKET DEVELOPMENT  
  11-01-2018

Palm oil export revenue poised to hit RM80b in 2018

KUALA LUMPUR: Malaysia’s palm oil export earnings are poised to hit RM80 billion this year, according to the plantation industries and commodities ministry.

MARKET DEVELOPMENT  
  11-01-2018

Uggah fears impact of EU ban on palm oil producers

KUCHING: Deputy Chief Minister Datuk Amar Douglas Uggah Embas said Sarawak palm oil producers are now under threat from the European Union (EU) ban.

MARKET DEVELOPMENT  
  11-01-2018

Palm oil futures rebound

KUALA LUMPUR: Palm oil futures rose nearly 1 per cent on Wednesday, rebounding from a sharp drop in the previous session, as strong export data from a cargo surveyor supported market gains. Palm oil was up earlier on a weaker ringgit and gains in crude oil prices.

MARKET DEVELOPMENT  
  11-01-2018

Palm oil may retest support at 2,577 ringgit

SINGAPORE (Jan 11): The palm oil third-month contract may retest a support at 2,577 ringgit per tonne, as suggested by its wave pattern and a Fibonacci retracement analysis.

MARKET DEVELOPMENT  
  11-01-2018

Act now against EU ban

A LOT has been written about the anti-palm oil campaigns that are currently underway in Europe. Two facts are really all you need to know.