Berita Arkib

KUALA LUMPUR, April 15 (Reuters) - Italian confectionary giant Ferrero said it will stop sourcing palm oil from Sime Darby Plantation (SIPL.KL) after the U.S. customs service found the Malaysian planter used forced labour.

KUALA LUMPUR, April 14 (Reuters) - Malaysian palm oil futures rallied 3% on Thursday, as the Argentina trucker strike threatens to hammer a tight global edible oil market that is already squeezed by the Russian-Ukraine conflict.

KUALA LUMPUR (April 13): The US Department of Agriculture (USDA) has raised its global palm oil output, trade and stocks forecasts in its April oilseeds world markets and trade report.

KUALA LUMPUR (April 13): Malaysia has an adequate supply of palm oil to cater to the demand of the United States (US) and the European Union (EU), said Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin.

Malaysian palm oil futures reversed early gains on Wednesday, easing from a nearly three-week high, as investors’ attention shifted to data that signalled a drop in export shipments.

Kota Kinabalu: Sabah’s ambition to become the region’s logistics hub took a huge step forward with a link- up with China’s Shandong Port Overseas Development Group, the biggest port operator in the world.

In March, 539,793 tonnes of palm oil landed in India, up from 454,794 tonnes in February, the Solvent Extractors' Association of India (SEA) said in a statement

KUALA LUMPUR (April 13): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped a three-day winning streak on profit-taking in line with the bearish soybean oil performance on the Dalian Commodity Exchange.

ENVIRONMENT, social and governance (ESG) factors remain an important investment criterion despite the discounts that were applied to exchange listed companies in sectors like plantations appear to have narrowed since the outbreak of the Russia-Ukraine conflict in February.

THE implementation of biodiesel for the domestic sector is still worth it, according to FGV Holdings Bhd as the group could channel Malaysia’s crude palm oil (CPO) as the main feedstock to produce biodiesel under the Malaysian 10% palm oil blend in diesel known as B10 or B20.

KUALA LUMPUR (April 12): Public Investment Bank Bhd (PIVB) has maintained its “overweight” rating of the plantation sector with a full-year crude palm oil (CPO) price forecast of RM4,300 per tonne.

JAKARTA, April 12 (Reuters) - Indonesia's 2022 crude palm oil production is estimated at 48.24 million tonnes, up from 46.85 million tonnes in 2021, according to agriculture ministry data presented at a parliamentary hearing on Tuesday. (Reporting by Fransiska Nangoy; Editing by Martin Petty)