PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 29 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  23-11-2022

CPO prices to be supported at current levels in near term, say analysts

22/11/2022 (The Edge Markets) - ANALYSTS are expecting crude palm oil (CPO) prices, which have risen in recent weeks, to hover at its current level in the near term amid seasonality factors, competitive pricing compared with the soybean oil market, decent export performance, ongoing geopolitical tensions and waiver of Indonesia’s CPO export levy.

OILS & FATS  
  23-11-2022

Boustead Plantations expects continued volatility in palm oil prices

22/11/2022 (The Star Online), Kuala Lumpur - Following a decline in profitability in the recent quarter, Boustead Plantations Bhd said the prices of palm oil are expected to remain highly volatile for the rest of the year due to high stock levels in Malaysia and Indonesia.

OILS & FATS  
  23-11-2022

Human rights and environment become key in procuring palm oil

22/11/2022 (The Japan Times) - Japanese companies are facing increasing calls for eliminating human rights violations and giving adequate consideration to environmental protection when building and operating supply chains, ranging from the procurement of raw materials to the manufacture and sale of products.

MARKET DEVELOPMENT  
  23-11-2022

Fitch Solutions trims palm oil short-term price forecasts

22/11/2022 (Fitch Solution), Kuala Lumpur - Fitch Solutions Country Risk and Industry Research on Tuesday trimmed palm oil short-term price forecasts on the easing of global edible oils market and weaker demand outlook.

MARKET DEVELOPMENT  
  23-11-2022

Boustead Plantations slips into red in Q3 on lower palm product prices

22/11/2022 (New Straits Times), Kuala Lumpur - Boustead Plantations Bhd posted a net loss of RM352,000 for its third quarter (Q3) ended Sept 30, 2022 versus a net profit of RM95.56 million in the same period last year.

OILS & FATS  
  23-11-2022

Palm oil: A diamond purposely kept in the rough!

23/11/2022 (Daily Mirror Online) - Sri Lanka is purposely ignoring the economic opportunities of oil palm cultivation, at a time when the rest of the world is strengthening economies through the cultivation of productive and economically important crops, such as oil palms.

MARKET DEVELOPMENT  
  23-11-2022

Palm tracks rival edible oils lower; firm exports limit fall

22/11/2022 (Business Recorder), Jakarta - Malaysian palm oil futures extended losses on Monday in line with rival edible oils, as concerns of COVID-19 lockdown in China weigh on demand expectation, although firm exports data cushioned some of the declines.

MARKET DEVELOPMENT  
  22-11-2022

Palm oil firms as exports rise, ringgit falls

JAKARTA: Malaysian palm oil futures closed higher on Monday after dropping to more than a month’s low earlier in the day, boosted by strong exports data and a weaker ringgit.

WORLD  
  22-11-2022

Human rights and environment become key in procuring palm oil

Japanese companies are facing increasing calls for eliminating human rights violations and giving adequate consideration to environmental protection when building and operating supply chains, ranging from the procurement of raw materials to the manufacture and sale of products.

MARKET DEVELOPMENT  
  22-11-2022

CORRECTED (OFFICIAL)-Malaysia's Nov 1-20 palm oil exports rise 9.6% -ITS

KUALA LUMPUR, Nov 21 (Reuters) - Exports of Malaysian palm oil products for November 1-20 rose 9.6% to 997,216 tonnes from 909,817 tonnes shipped during October 1-20, cargo surveyor Intertek Testing Services said on Sunday.

WORLD  
  22-11-2022

Oil Palm cultivation facing odds, farmers seek remunerative price

VISHAKHAPATNAM: Oil palm farmers in Andhra Pradesh are unwilling to continue the cultivation due to poor prices and are requesting the government to provide Rs 20,000 per tonne as remunerative price against the present Rs 10,000.

LOCAL  
  22-11-2022

SD Plantation responds to RSPO's directive to complete action plan

KUALA LUMPUR: Sime Darby Plantation Bhd has refuted the findings from the Roundtable Sustainable Palm Oil (RSPO) over unreported recruitment fees and retention of its foreign workers' passport.