Berita Arkib

14/03/2023 (Financial Times) - The UK government is planning to eliminate import tariffs on palm oil from Malaysia, a product blamed for widespread deforestation, as the price of joining an Asia-Pacific trade deal, according to people involved in the talks, prompting outrage from green campaigners.

14/03/2023 (The Star Online), Kuala Lumpur - Those who champion international human rights standards in Malaysian palm oil plantations should not brush all countries with the same brush and label Malaysia as a high-risk country, says Deputy Prime Minister Datuk Seri Fadillah Yusof.

14/03/2023 (New Straits Times), Kuala Lumpur - "Most importantly, (we will look at) how we can we come to a middle ground which is acceptable by international standards. At the same time, we will improve our practices and we are committed to ensuring we comply with it," he said after launching the People Positive Palm (P3) First Learning Series Workshop, here.

13/03/2023 (The Edge Singapore) - RHB Group Research analysts Hoe Lee Leng and Syahril Hanafiah have maintained “neutral” on the plantation sector, continuing to advocate integrated players such as Wilmar International F34 0.00% and Golden Agri-Resources E5H 0.00% as they perform better in a lower crude palm oil (CPO) environment.

14/03/2023 (New Straits Times), Kuala Lumpur - Companies in the palm oil sector should adopt the concept of Human Rights Due Diligence (HRDD), which is a key tool to support business practices and enhance businesses' positive impact.

13/03/2023 (New Straits Times), Kuala Lumpur - The domestic crude palm oil is expected to trade in the RM3,800-RM4,300 per tonne range this month, driven by the severity of the floods in Johor and its potential impact on Malaysia's palm oil output.

14/03/2023 (The Star Online), Petaling Jaya - Analysts generally have pegged the price of crude palm oil (CPO) to hover around RM4,000 per tonne till April given current strong fundamentals.

13/03/2023 (The Borneo Post Online), Kuching - Analysts believe that mixed earnings for planters in the fourth quarter of 2022 (4Q22) up to February this year was caused by the continuous wet weather.

13/03/2023 (Free Malaysia Today), Petaling Jaya - Research houses have maintained a “neutral” rating on the plantation sector saying crude palm oil (CPO) prices would likely be supported by lower palm oil exports from Indonesia and weaker supply growth from Malaysia.

12/03/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures traded lower in a tight range on Monday, under pressure from weakness in rival Dalian edible oils, although the contract was supported by lower inventories and upbeat export demand.

13/03/2023 (Mizzima) - The edible palm oil reference price set by the Edible Oil Import Storage and Distribution Supervision Committee rose by over 100 kyats from 4,470 kyat per viss (approx. 1.5 Kg) to 4,600 kyat.

13/03/2023 (Business Recorder), Singapore - Palm oil may drop more into a range of 4,006-4,052 ringgit per tonne, driven by a wave c. The fall on March 10 confirmed this wave. A projection analysis reveals a wide target zone from 3,931 ringgit to 4,052 ringgit.