PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 27 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  11-04-2023

Malaysia end-March palm oil stocks fall to nine-month low

10/04/2023 (The Edge Markets), Kuala Lumpur = Malaysia's palm oil inventories at the end of March fell 21.08% from the previous month to 1.67 million tonnes, data by the nation's palm oil board showed on Monday (April 10).

MARKET DEVELOPMENT  
  11-04-2023

UK entry into CPTPP, eliminating palm oil import tariff a triumph, says former member of European Parliament

10/04/2023 (The Edge Markets), Kuala Lumpur = Palm oil is highly efficient and productive than other oils per acre, which makes it cost-effective and environmentally beneficial, said John Longworth, a former member of the European Parliament.

MARKET DEVELOPMENT  
  11-04-2023

Palm oil snaps three days of losses to rise on March stocks data

10/04/2023 (Business Recorder), Jakarta - Malaysian palm oil futures closed a touch higher on Monday, snapping three days of losses after a report showed a sharp drop in stocks last month, though weak exports in the April 1-10 period limited gains.

MARKET DEVELOPMENT  
  11-04-2023

VEGOILS-Palm oil drops for fourth session, output data awaited

09/04/2023 (Nasdaq), Jakarta - Malaysian palm oil futures dropped for a fourth session on Monday, as market participants awaited March output data and export figures for the first ten days of April, due later in the day.

MARKET DEVELOPMENT  
  11-04-2023

VEGOILS-Palm oil drops for fourth session ahead of output data

10/04/2023 (Nasdaq), Jakarta - Malaysian palm oil futures dropped for a fourth session on Monday due to the absence of fresh destination buying, which hurt market sentiments, despite a tighter supply situation at origins.

MARKET DEVELOPMENT  
  10-04-2023

CPO futures likely to see volatile trading next week

08/04/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a volatile mode next week, as investors wait for reports by the Malaysian Palm Oil Board (MPOB) and the United States Department of Agriculture (USDA).

MARKET DEVELOPMENT  
  10-04-2023

Proving oil palm plantations are sustainable

07/04/2023 (The Star Online) - THE palm oil industry has always received much flak for its role in deforestation around the world.

MARKET DEVELOPMENT  
  10-04-2023

VEGOILS-Palm oil falls on weaker rivals but set for weekly rise

07/04/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures eased on Friday for a second session tracking weakness in Dalian rival oils, although the contract is set for a weekly rise on expectations of tightening supply.

MARKET DEVELOPMENT  
  10-04-2023

Missed Opportunities in Oil Palm Puts Pressure on Forex Market

09/04/2023 (This Day Live) - Outsourcing palm oil supply for domestic consumption in a nation like Nigeria which once controlled 40 per cent of the global supply comes with serious pressure on foreign exchange reserves and local initiatives, writes Festus Akanbi

MARKET DEVELOPMENT  
  10-04-2023

Indonesia must jump ethanol feedstock hurdle to repeat biodiesel success

06/04/2023 (Channel News Asia), Jakarta - Indonesia, the world's biggest palm oil biodiesel user, is now working to introduce bioethanol mandates for gasoline to further cut fuel imports and carbon emissions, but it will first have to secure more bio feedstock and solve thorny technical problems.

MARKET DEVELOPMENT  
  07-04-2023

MPOC garners RM66mil in potential palm oil sales in Kazakhstan, Uzbekistan

KUALA LUMPUR: The Malaysian Palm Oil Council (MPOC) has garnered RM66 million in potential sales in a recent trade and networking visit to Kazakhstan and Uzbekistan.

MARKET DEVELOPMENT  
  07-04-2023

India’s March palm oil imports jump on discounts

India’s March palm oil imports jumped 28% from an eight-month low in February, as discounts on the tropical oil prompted refiners to curb purchases of soyoil and sunoil, five dealers told Reuters.