PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 28 Nov 2024

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Carian Terperinci

Berita Arkib

OILS & FATS  
  01-12-2022

Lower CPO sales volume, losses in sugar ops drag FGV's earnings in Q3

30/11/2022 (New Straits Times), Kuala Lumpur - FGV Holdings Bhd's net profit dipped 39.5 per cent to RM241.67 million in the third quarter (Q3) ended Sept 30, 2022 from RM399.39 million in the same quarter last year.

OILS & FATS  
  01-12-2022

China's Grand Oils first company outside Malaysia to obtain MSPO supply chain certification

30/11/2022 (New Straits Times), Kuala Lumpur - China's Grand Oils & Fats (Dongguan) Co Ltd (GIHDG) has obtained the Malaysian Sustainable Palm Oil Supply Chain Certification Standard (MSPO SCCS), the first company outside Malaysia to do so.

MARKET DEVELOPMENT  
  01-12-2022

Palm oil logs second consecutive monthly rise

01/12/2022 (Hellenic Shipping News) - Malaysian palm oil futures on Wednesday logged gains for the second straight month as they ended higher on robust exports from the world’s second largest producer.

OILS & FATS  
  01-12-2022

Malaysia keeps December crude palm oil export duty at 8per cent

30/11/2022 (Today Online), Kuala Lumpur - Malaysia has maintained its December export tax for crude palm oil at 8per cent and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.

OILS & FATS  
  01-12-2022

EU’s deforestation regulation unlikely to be passed in 2023 as few areas remain unresolved, says CPOPC

30/11/2022 (The Edge Markets) - Council of Palm Oil Producing Countries (CPOPC) said it is unlikely that a political agreement could be reached soon to pass the European Union (EU)’s deforestation regulation, which is expected to be implemented next year.

OILS & FATS  
  30-11-2022

Opinion: Malaysia’s sustainability standard can clean up murky supply chains

29/11/2022 (China Dialogue) - The oleochemical sector produces high value materials from oils and fats. It has made huge contributions to the use of palm oil in product manufacturing.

OILS & FATS  
  30-11-2022

Certification key for smallholders as demand for sustainable palm oil surges — RSPO

29/11/2022 (The Edge Markets), Kuala Lumpur - Roundtable on Sustainable Palm Oil (RSPO) certification adoption is still very low in Malaysia, at less than 1% or the equivalent of 1,700 smallholder oil palm farmers certified to date.

OILS & FATS  
  30-11-2022

IOI Corp expects CPO prices to remain firm

29/11/2022 (The Star Online), Petaling Jaya - IOI Corp Bhd is expecting firm crude palm oil (CPO) prices for its next two financial quarters ending March 31, 2023.

OILS & FATS  
  30-11-2022

Sarawak Plantation's 3Q profit down 57% on lower sales volume

29/11/2022 (The Edge Markets), Kuala Lumpur - Palm oil producer Sarawak Plantation Bhd reported a 56.7% year-on-year drop in net profit to RM18.2 million in the third quarter ended Sept 30, 2022 (3QFY2022), on the back of lower sales volume of crude palm oil (CPO) and palm kernel (PK).

OILS & FATS  
  30-11-2022

RMRDC promoting oleochemical producing plants to boost economy

29/11/2022 (BluePrint) - The Raw Materials Research and Development Council (RMRDC) over the years continue to spear head the promotion of the establishment of oleochemical (palm oil) producing plants in Nigeria to reduce importation of palm oil and boost Nigeria’s Gross Domestic Product (GDP); BINTA SHAMA reports.

OILS & FATS  
  30-11-2022

QL Resources Q2 net profit up 104pc to RM93.9m

29/11/2022 (Malay Mail), Kuala Lumpur - QL Resources Bhd’s net profit for its second quarter ended September 30, 2022 (Q2 2022) grew to RM93.9 million, or up 104 per cent, from RM45.94 million in Q2 2021 as a result of higher sales across all business segments.

OILS & FATS  
  29-11-2022

Palm oil planters group seeks appointment of minister who understands industry woes

28/11/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Solidarity Group (POSG) has urged Prime Minister Datuk Seri Anwar Ibrahim to pick a minister for the industry, who has the experience and attributes to understand the wide spectrum of serious issues that beset the Malaysian palm oil sector.