PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 30 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  26-08-2022

Palm oil neutral in 4,085-4,350 ringgit range

25/08/2022 (Business Recorder), Singapore - Palm oil looks neutral in a range of 4,085-4,350 ringgit per tonne, and an escape could suggest a direction.

MARKET DEVELOPMENT  
  26-08-2022

VP plants oil palm sprouts with 100 santris in Riau

25/08/2022 (Antara News), Pekanbaru - Vice President Ma'ruf Amin planted top-quality hybrid oil palm sprouts with 100 santris (students) from the Riau Technology Islamic Boarding School (Pesantren) on Sumatra Highway, Siak Hulu, Kampar district, Riau, on Thursday.

MARKET DEVELOPMENT  
  26-08-2022

Oriental Holdings 2Q net profit jumps to RM137m, proposes 20 sen dividend

26/08/2022 (The Edge Markets) - Oriental Holdings Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) jumped by nearly four times to RM136.81 million or 22.05 sen per share from RM34.93 million or 5.63 sen per share a year ago, on higher share profit of its associates.

MARKET DEVELOPMENT  
  26-08-2022

Palm oil in India: Rapid growth and competing health claims

25/08/2022 (China Dialogue) - Palm oil is now ubiquitous. Arguably the world’s most versatile oil, it is used as a preservative in a variety of foods and has a host of other applications in shampoos, cosmetics and even biofuels. Its prevalence is explained in part by the higher oil content of the palm fruit compared to other oil crops.

MARKET DEVELOPMENT  
  26-08-2022

Malaysia's Ringgit toward 24-year low — What this means for edible oil prices

25/08/2022 (CBNC TV) - Malaysian ringgit ebbed to the lowest levels in five years against the dollar last week. As a result, it is set to pull down palm oil prices further aiding India’s fight against inflation. The Malaysian currency plunged to 4.4810 against the greenback on Friday — a level last seen in January 2017. On Thursday, ringgit fell to 4.47 vs the US dollar — last seen during the Asian financial crisis in early 1998.

MARKET DEVELOPMENT  
  26-08-2022

Godrej Agrovet to enter palm oil refining

25/08/2022 (Express Journal), Mumbai - Godrej Agrovet, the country’s largest oil palm cultivator and palm oil processor, is looking to set up two greenfield refining projects in Andhra Pradesh and Mizoram, which will help to reduce imports.

MARKET DEVELOPMENT  
  26-08-2022

Palm oil neutral in 4,085-4,350 ringgit range

25/08/2022 (Business Recorder), Singapore - Palm oil looks neutral in a range of 4,085-4,350 ringgit per tonne, and an escape could suggest a direction.

MARKET DEVELOPMENT  
  26-08-2022

VP plants oil palm sprouts with 100 santris in Riau

25/08/2022 (Antara News), Pekanbaru - Vice President Ma'ruf Amin planted top-quality hybrid oil palm sprouts with 100 santris (students) from the Riau Technology Islamic Boarding School (Pesantren) on Sumatra Highway, Siak Hulu, Kampar district, Riau, on Thursday.

MARKET DEVELOPMENT  
  26-08-2022

Papua New Guinea appoints world's first coffee, palm oil ministers

25/08/2022 (TRT World) - Coffee is the country’s second-largest agricultural commodity after palm oil, accounting for 27 percent of all agriculture exports and six percent of the country’s GDP.

MARKET DEVELOPMENT  
  25-08-2022

Lower CPO selling price may drag TSH Resources 2H earnings, says Maybank IB

24/08/2022 (New Straits Times), Kuala Lumpur - Maybank Investment Bank (Maybank IB) Research anticipates TSH Resources Bhd's second half of 2022 (2H22) net profit to be lower following the recent crude palm oil (CPO) average selling price (ASP) correction and cost pressures.

MARKET DEVELOPMENT  
  25-08-2022

CPO futures extend gains as demand improves

24/08/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives extended gains to close higher on Wednesday, spurred by positive market sentiment.

MARKET DEVELOPMENT  
  25-08-2022

Genting Plantation pays 15 sen dividend after 2Q net profit surges on higher palm oil prices

24/08/2022 (The Edge Markets), Kuala Lumpur - Boosted by sharply higher palm oil prices, Genting Plantation Bhd’s net profit for the second quarter ended June 30, 2022 (2QFY22) more than doubled to RM223.43 million or earnings per share of 24.9 sen, from RM104.63 million or 11.66 sen.