PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 27 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  15-03-2023

Palm oil industry should use HRDD as a tool for responsible business practices, says DPM Fadillah

14/03/2023 (New Straits Times), Kuala Lumpur - Companies in the palm oil sector should adopt the concept of Human Rights Due Diligence (HRDD), which is a key tool to support business practices and enhance businesses' positive impact.

MARKET DEVELOPMENT  
  15-03-2023

CPO price to trade between RM3,800-4,300 per tonne in March, says CGS-CIMB Research

13/03/2023 (New Straits Times), Kuala Lumpur - The domestic crude palm oil is expected to trade in the RM3,800-RM4,300 per tonne range this month, driven by the severity of the floods in Johor and its potential impact on Malaysia's palm oil output.

MARKET DEVELOPMENT  
  14-03-2023

CPO prices set to ease

14/03/2023 (The Star Online), Petaling Jaya - Analysts generally have pegged the price of crude palm oil (CPO) to hover around RM4,000 per tonne till April given current strong fundamentals.

OILS & FATS  
  14-03-2023

Weather continues to hamper palm oil output ahead

13/03/2023 (The Borneo Post Online), Kuching - Analysts believe that mixed earnings for planters in the fourth quarter of 2022 (4Q22) up to February this year was caused by the continuous wet weather.

OILS & FATS  
  14-03-2023

Research houses ‘neutral’ on plantation sector

13/03/2023 (Free Malaysia Today), Petaling Jaya - Research houses have maintained a “neutral” rating on the plantation sector saying crude palm oil (CPO) prices would likely be supported by lower palm oil exports from Indonesia and weaker supply growth from Malaysia.

MARKET DEVELOPMENT  
  14-03-2023

VEGOILS-Palm oil tracks Dalian oils lower, but strong exports support

12/03/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures traded lower in a tight range on Monday, under pressure from weakness in rival Dalian edible oils, although the contract was supported by lower inventories and upbeat export demand.

MARKET DEVELOPMENT  
  14-03-2023

Myanmar’s domestic edible palm oil price rising

13/03/2023 (Mizzima) - The edible palm oil reference price set by the Edible Oil Import Storage and Distribution Supervision Committee rose by over 100 kyats from 4,470 kyat per viss (approx. 1.5 Kg) to 4,600 kyat.

MARKET DEVELOPMENT  
  14-03-2023

Palm oil may drop more into 4,006-4,052 ringgit range

13/03/2023 (Business Recorder), Singapore - Palm oil may drop more into a range of 4,006-4,052 ringgit per tonne, driven by a wave c. The fall on March 10 confirmed this wave. A projection analysis reveals a wide target zone from 3,931 ringgit to 4,052 ringgit.

MARKET DEVELOPMENT  
  13-03-2023

Labour woes easing

13/03/2023 (The Star Online), Petaling Jaya - The labour woes in the oil palm plantation sector in Malaysia have eased with many planters expecting normalcy by the middle of this year, says Malaysian Palm Oil Association (MPOA) chief executive Joseph Tek.

MARKET DEVELOPMENT  
  13-03-2023

Sabah remains significant regional palm oil producer despite decline in yields

11/03/2023 (New Straits Times), Sandakan - Sabah continues to be a significant regional palm oil producer, providing livelihood and shared prosperity for all Sabahans, said the Malaysian Palm Oil Association (MPOA).

MARKET DEVELOPMENT  
  13-03-2023

Malaysia's palm oil stocks slide 6.56% in Feb

10/03/2023 (The Star Online), Kuala Lumpur - Malaysia’s total palm oil stocks dropped by 6.56 per cent to 2.11 million tonnes in February 2023 from 2.26 million tonnes recorded in the preceding month, said the Malaysian Palm Oil Board (MPOB).

MARKET DEVELOPMENT  
  13-03-2023

Malaysia end-Feb palm oil stocks shrink to six-month low as output plummets

10/03/2023 (Malay Mail), Kuala Lumpur - Malaysia’s end-February palm oil inventories tumbled to the lowest in six months as production and imports plummeted, data issued by the nation’s palm oil board showed today.