Berita Arkib

Remote sensing technologies, using satellite and aerial data, could revolutionise the management of the oil palm industry, bringing both business and environmental benefits, say environmental experts writing in the journal Geo-spatial Information Science. Yet much greater collaboration between industry and academia is needed to achieve the true potential of these technologies.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday June 28.

Palm oil on the European vegetable oils market was offered little changed on Tuesday because of a lack of direction from the Malaysian palm oil futures market, which was closed for the Eid-Al-Fitr festival that marks the end of the fasting month of Ramadan.

Cardamom prices fell 3.77 per cent to Rs 1,030 per kg in futures trade today as investors cut down their bets amid slump in demand at the domestic spot market.

The vegetable oil that can be consumed safely is obtained from the extraction of the pulp of oil palms is palm oil.

Malaysian palm oil futures rebounded from a one-week low to end the trading day slightly higher, supported by a weaker ringgit which makes the tropical oil cheaper for holders of foreign currencies.

Looming bearish fundamentals will likely drag crude palm oil (CPO) prices lower for the rest of this year and going into 2018, say analysts.

Palm oil on the European vegetable oils market was offered in a tight range on Thursday as support from bargain buying of Malaysian palm oil futures was limited by expectations of growing output and falling demand.

KUALA LUMPUR: United Malacca Bhd posted a strong 42% growth in earnings in the financial year ended April 30, 2017 (FY17), despite incurring a foreign exchange loss of RM15.28mil on a US dollar loan

Indonesia will maintain export taxes for cocoa beans and crude palm oil at zero for July because the reference prices of the commodities are expected to remain below the threshold that would trigger in increase, trade ministry said on Thursday.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday June 22.

Malaysian palm oil futures fell to their lowest in a week on Wednesday, their sharpest daily fall in a week, tracking related oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.