Berita Arkib

09/07/2024 (The Edge Malaysia) - Johor Plantations Group Bhd (KL:JPG) will use funds raised in its RM735 million initial public offering (IPO) to build a palm oil operation powered by clean energy, as it navigates increasingly tough regulations in key markets like Europe.

08/07/2024 (The Star) - The next government, which will be led by Prabowo Subianto-Gibran Rakabuming Raka (pic), is expected to strengthen the competitiveness of palm oil products as a strategic commodity for domestic and foreign markets, a scholar said, reported Indonesian News Agency (Antara).

08/07/2024 (Bangkok Post) - Thailand expects to export 800,000 tonnes of crude palm oil this year, aiming to stabilise the prices of local fresh palm nuts.

07/07/2024 (New Straits Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see muted trading next week ahead of the Malaysian Palm Oil Board's (MPOB) key crop report, said a trader.

07/07/2024 (Business Recorder), Jakarta - Malaysian palm oil futures closed with their best week in five, even as prices fell on Friday as traders chose to book profits ahead of a long weekend.

04/07/2024 (The Star), Bangi - The price of palm oil will become uncompetitive compared to other producing countries if the windfall profit levy (WPL) on palm oil in this country is not revised.

04/07/2024 (Media OutReach Newswire), Padang, Indonesia - Apical, a leading vegetable oil processor, held a groundbreaking ceremony today at its PT Padang Raya Cakrawala (PRC) facility to mark the construction of a new crude palm oil (CPO) refinery and fractionation plant for cooking oil production. Located in Padang City, West Sumatra, Indonesia, these new plants are set to boost Apical's production capacity to meet growing demands of both domestic and international markets.

04/07/2024 (Reuters), Jakarta - Malaysian palm oil futures dropped on Thursday, tracking loss in the Dalian soyoil contract, while the market awaited for export and production data from the Malaysian Palm Oil Board (MPOB).

04/07/2024 (The Malaysian Reserve) - PALM OIL stockpiles in Malaysia probably hit the highest level since February as exports from the world’s second-largest grower slumped. Still, expectations for better demand ahead boosted prices to a two-month high.

04/07/2024 (Capital News), Nairobi, Kenya - Cooking oil manufacturers have expressed deep concern over the introduction of a 10 percent import duty on crude oil warning it will cause significant price increases for cooking oil, an essential staple for millions of Kenyan households.

03/07/2024 (The Edge Malaysia), Kuala Lumpur - Dry weather conditions affecting palm oil yield along with gains in soybean oil and palm olein futures have pushed Malaysian crude palm oil (CPO) prices above RM4,000 per tonne for the second consecutive day, said industry observers.

03/07/2024 (Oils & Fats International) - Global consumer goods giant Unilever is reducing the palm oil content in its soaps in India by 25% as part of a wider strategy to offset volatility in commodity prices and reduce environmental impact, according to a report by the Economic Times.