Berita Arkib

VIJAYAWADA: To encourage the cultivation of oil palm, the Andhra Pradesh government has increased the subsidies for the components and inputs for oil palm cultivation from February 2022.

KUALA LUMPUR (Feb 25): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed significantly lower on Friday on profit-taking, said a dealer.

JAKARTA, Feb 25 (Reuters) - Indonesia's palm oil exports are estimated at 2.34 million tonnes in January, while exports between Feb 1-24 are seen at 1.70 million tonnes, Eddy Abdurrachman, chief executive of the agency in charge of collecting palm oil levies (BPDPKS), said.

Malaysia finds huge potentials of investments in Bangladesh, especially in palm oil, rubber and timber industries as the demand for such commodities has increased in Bangladesh in the recent times.

Brazil’s soyoil exports are expected to jump in 2022 driven by demand from India, the world’s biggest importer that is facing issues to source vegetable oils from Ukraine, Russia and Indonesia, according to industry sources and government data.

MALAYSIA's palm oil sector has set a new record recently when the price of crude palm oil (CPO) hit an all-time high of RM6,158 a tonne on Feb 21.

KUALA LUMPUR (Feb 24): The Bursa Malaysia Plantation Index and the FBM Palm Oil Plantation-NC Index have emerged among the local bourse’s top performing indices in the morning session as selected index heavyweight stocks gained on rising crude palm oil (CPO) price.

KUALA LUMPUR, Feb 24 (Reuters) - Malaysian palm oil futures spiked 4% on Thursday to a record high, the biggest daily increase in six months, as Russian forces fired missiles at several Ukrainian cities, raising concerns of a disruption in global edible oil supplies.

KUALA LUMPUR (Feb 24): As the conflict in the Black Sea region between Russia and Ukraine continues to escalate, oil of all types has gone on a tear, including crude palm oil (CPO) which has set a new record high since 2008 of around RM7,000 a tonne, putting a poser over whether prices would be sustained over the longer term.

PHNOM PENH (Feb 24): Increasing palm exports to Cambodia and import of rice to Malaysia are seen as among the ways to increase bilateral trade between the two countries as well as to expand collaboration in the fields of information and communications technology, financial technology, cybersecurity, small and medium enterprises as well as business start-ups.

KUALA LUMPUR: Malaysian palm oil futures rallied as much as 8% on Thursday to touch a record high, as a Russian attack on Ukraine rattled global markets and raised concerns of a disruption in global edible oil supplies.

KUALA LUMPUR (Feb 23): Hap Seng Plantations Holdings Bhd’s net profit for the fourth quarter ended Dec 31, 2021 jumped 155.22% to RM94.31 million from RM36.95 million a year ago, underpinned by higher palm oil prices.