Berita Arkib

06/03/2024 (Channel News Asia), Kuala Lumpur - Stagnating global palm oil production and higher biodiesel mandates are likely to curb supplies of the world's most used vegetable oil this year, setting the stage for further gains in prices, which are trading at their highest in seven months.

06/03/2024 (The Star Online), Kuala Lumpur - Indonesia's 2024 palm oil exports are seen at 29.50 million metric tonnes, down from 30.25 million tonnes last year, the Indonesia Palm Oil Association (GAPKI) said at an industry conference on Wednesday (March 6).

06/03/2024 (New Straits Times), Kuala Lumpur - The palm oil-producing nations, Malaysia and Indonesia, must come together to support each other as palm oil may become scarce in the future, industry specialists said.

05/03/2024 (The Star Online), Kuala Lumpur - The Malaysian palm oil industry is expected to show growth in 2024 in light of recovery in labour supply, improved palm oil price projections and heightened demand from key export destinations, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.

05/02/2024 (Malay Mail), Kuala Lumpur - The Malaysian palm oil market is expected to remain positive in 2024, with strong demand from top export destinations such as India with 17.4 per cent of the share, China (9.1 per cent), and the European Union (7.4 per cent), said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

05/03/2024 (The Edge Malaysia), Kuala Lumpur - United Plantations Bhd (UP), which recently posted record earnings and dividend for 2023, is expecting crude palm oil (CPO) prices to range between RM3,850 and RM4,250 per tonne this year amid supply constraints.

05/03/2024 (New Straits Times), Kuala Lumpur - The yearly growth rates of palm oil production are slowing down, dropping by 30 per cent on average from 2011 to 2020 compared to earlier years, according to United Plantations Bhd vice chairman and chief executive director Datuk Carl Bek-Nielsen.

05/03/2024 (New Straits Times), Kuala Lumpur - Malaysia's oil palm plantation can be managed more efficiently if the sector can consolidate at least 30 per cent of its independent smallholders, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said.

05/03/2024 (Free Malaysia Today), Mumbai - India’s palm oil imports in February plunged to their lowest levels in nine months, as higher prices prompted buyers to reduce purchases of the tropical oil and increase buying of sunflower oil, five dealers told Reuters on Tuesday.

05/03/2024 (The Sun), Kuala Lumpur - The government will develop an oil palm biomass collection and processing centre (CPC) in Sandakan, Sabah with an investment of RM60 million through a collaboration with Nextgreen Global Bhd and Kumpulan Sawit Kinabalu, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

05/03/2024 (Free Malaysia Today), Petaling Jaya - Sime Darby Plantation Bhd, one of the world’s largest palm oil producers, expects 2024 production growth to rise at least 5% from last year, as the country’s labour situation improves, said a top executive today.

05/04/2023 (Barrons) - A WTO dispute panel on Tuesday found largely in the European Union's favour in a row with Malaysia over rules affecting the EU's consumption of palm oil-based biofuels.