Berita Arkib

KUALA LUMPUR: The price outlook for palm oil remains optimistic in 2024, with an expected average trading price of RM4,000 per tonne, according to the Malaysian Palm Oil Council (MPOC).

KUALA LUMPUR, Jan 11 ― The Malaysian palm oil industry’s performance is expected to improve in 2024 on the back of better labour supply and stronger price projections.

KOTA KINABALU: Sabah palm industry aims to achieve full Malaysian Sustainable Palm Oil (MSPO) certification .

KUALA LUMPUR: The Plantations and Commodities Ministry is considering incorporating palm oil harvesting into Technical and Vocational Education and Training (TVET) programmes to address labour shortages in the sector.

KUALA LUMPUR: The Council of Palm Oil Producing Countries (CPOPC) plans to collaborate with other vegetable oil producers to address sustainability issues via a strategy called the triple-track approach, said its secretary-general Rizal Affandi Lukman.

KUALA LUMPUR, Jan. 11 (Xinhua) -- Analysts have on Thursday maintained crude palm oil (CPO) price forecasts amid falling stockpiles in Malaysia.

Indonesia's state-owned palm oil planter, PalmCo, has unveiled ambitious plans to diversify its revenue streams by venturing into the biodiesel sector and expanding its cooking oil production capacity. The Chief Executive Officer of PalmCo, Jatmiko Krisna Santosa, announced these strategic initiatives on Wednesday, emphasizing the company's commitment to bolstering its presence in downstream businesses.

11/01/2024 (Reuters), Jakarta - Indonesia in 2023 approved the replanting of 53,012 hectares (130,995.5 acres) of palm oil trees on land owned by smallholder farmers under a subsidised programme, data from the country's palm oil funding (BPDPKS) agency showed on Wednesday.

10/01/2024 (The Star Online), Kuala Lumpur - Malaysia’s palm oil stocks hit a four-month low at the end of December as production slumped to its lowest level in six months, offsetting a slowdown in exports.

10/01/2024 (The Edge Malaysia), Kuala Lumpur - Malaysia’s total palm oil stocks fell by 4.64% to 2.29 million tonnes in December, from 2.40 million tonnes in November, according to the Malaysian Palm Oil Board (MPOB).

10/01/2024 (BNN Breaking) - The palm oil sector of Malaysia, the world’s second-largest producer, experienced a significant dip in December 2023. According to the Malaysian Palm Oil Board (MPOB), the country’s palm oil stock decreased by 4.64% to 2.29 million tons from 2.4 million tons in November. This reduction marks a four-month low for the industry, reflecting a slump in production coupled with a slowdown in exports.

09/01/2024 (Free Malaysia Today), Petaling Jaya - The El Nino weather phenomenon is expected to lead to a decline in palm oil yield in 2024, but experts differ on the extent of the impact on production.