PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 29 Nov 2024

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Berita Arkib

OILS & FATS  
  07-11-2022

China lockdowns overshadow palm oil outlook despite slow output

05/11/2022 (The Star Online), Nusa Jaya - The global outlook for palm oil remains uncertain, with strict pandemic policies in major importer China weighing on demand, while high energy prices and a slowdown in output provide support, leading industry analysts say.

OILS & FATS  
  07-11-2022

‘Big Mistake’: Expert Slams Past CPO Export Ban

06/11/2022 (Jakarta Globe), Bali - Indonesia got criticisms at a recent international conference for banning palm oil export earlier this year as the policy was catastrophic, particularly to the developing economies reliant on Indonesian palm oil.

MARKET DEVELOPMENT  
  04-11-2022

Sabah aspires to be global leader in sustainable palm oil production

03/11/2022 (The Star Online), Kota Kinabalu - Sabah aspires to be a global leader in sustainable palm oil production and efforts are being taken towards reaching this goal, says Datuk Seri Hajiji Noor.

MARKET DEVELOPMENT  
  04-11-2022

Indonesia palm oil fund: 2022 crude palm oil output seen at 48.23 mln tonnes

04/11/2022 (Hellenic Shipping News) - Indonesia’s crude palm oil output is seen at 48.23 million tonnes this year and exports of palm oil products are estimated at 23.95 million tonnes, a presentation by the chairman of its palm oil fund agency showed on Thursday.

OILS & FATS  
  04-11-2022

GAPKI optimistic of palm oil industry protecting economy from crisis

03/11/2022(Antara News), Nusa Dua Bali - The Indonesian Palm Oil Association (GAPKI) stated that the domestic palm oil industry can protect the national economy in the face of a possible global crisis next year.

MARKET DEVELOPMENT  
  04-11-2022

Palm oil may rise towards 4,607 ringgit

03/11/2022 (Business Recorder) - SINGAPORE: Palm oil may break a resistance at 4,459 ringgit a tonne and rise towards 4,607 ringgit, to complete a wave E.

MARKET DEVELOPMENT  
  04-11-2022

VEGOILS-Palm snaps three-day rally on demand worries

04/11/2022 (Hellenic Shipping News) - Malaysian palm oil futures on Thursday reversed early gains to snap a three-day rally after hitting a near 12-week peak, as high prices stoked demand concerns.

OILS & FATS  
  04-11-2022

3.4 mln hectares palm plantations in high conservation areas: govt

03/11/2022 (Antara News), Jakarta - The Environment and Forestry Ministry on Wednesday informed that it has identified 3.4 million hectares of palm oil plantations located within high conservation forest areas in Indonesia.

OILS & FATS  
  04-11-2022

How African palm oil can boost livelihoods and protect forests

02/11/2022 (The World Economic Forum) - Discover how African nations are joining together to create a sustainable palm oil and forest products industry to combat deforestation and boost reforestation.

OILS & FATS  
  03-11-2022

VEGOILS-Palm oil climbs to near 12-week peak on global supply fears

KUALA LUMPUR, Nov 2 (Reuters) - Malaysian palm oil futures rose for a third straight session on Wednesday to hit a near 12-week high, tracking strength in rival edible oils as disruptions in Black Sea supply stoked concerns.

MARKET DEVELOPMENT  
  03-11-2022

Cooking oil price to be reduced from Tuesday

PUTRAJAYA: The price of 5kg cooking oil will drop by 60 sen to RM30.90 effective Nov 8.

MARKET DEVELOPMENT  
  03-11-2022

Indonesia sends cars for biodiesel tests to volcanic highlands

INDONESIA, the world’s biggest palm oil producer, is testing to see whether vehicles can run effectively on diesel blended with 40% cooking oil, and if it works well at higher altitudes. A successful outcome would shift more local supply toward biofuel and curb exports.