Berita Arkib

KUALA LUMPUR: The government has urged East Malaysian palm oil companies to consider implementing the East Malaysia Crude Palm Oil Futures Contract (FEPO) in their risk management strategy to remain globally competitive.

KUALA LUMPUR (Oct 4): Sarawak is likely to overtake Sabah to become the largest crude palm oil (CPO)-producing state in the country in three years' time as Sarawak’s CPO production is still at a growth stage due to its younger age profile.

PETALING JAYA: The introduction of the East Malaysia Crude Palm Oil Futures (Fepo) by Bursa Malaysia Derivatives Bhd is timely as it can take advantage of the increase in demand from China’s importers given the strategic location for exports to East Asia, according to the Malaysian Palm Oil Council.

KUALA LUMPUR (Oct 1): Bursa Malaysia Derivatives Bhd will be launching the East Malaysia Crude Palm Oil Futures (FEPO) contract, which aims to meet the evolving needs of the Sabah and Sarawak palm oil market players for greater price transparency and alternative risk management tool.

India's palm oil imports in September more than doubled from a year ago to a record 1.4 million tonnes as buyers increased purchases of refined palm oil ahead of key festivals and to take advantage of newly lowered duties, brokers and dealers said.

KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) has identified an efficient treatment for oil palm trees infected with Ganoderma, the fungus that causes upper stem rot.

OKOMU: Standing beside the piles of dark red palm fruits ready for crushing for their essence, Nigerian farmer Micah Ojo hopes to cash in on the government's drive to revive the country's once thriving palm oil business.

The sudden rise in demand for biofuels is causing supply tightness in the soybean oil market, which is likely to persist until 2022. Alternatives such as sunflower oil will benefit from this situation.

KUALA LUMPUR (Oct 2): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is poised for a technical correction next week following the uncertain price movement this week, dealers said.

The Energy Ministry will use the State Oil Fund to keep the retail price of biodiesel B10 from going above 30 baht per litre.

Palm oil futures prices set a new all-time high in Malaysia on Sept. 30 as news of supply concerns and higher exports coincided with Chinese buyers rushing to book palm oil shipments to make up for a potential shortage in soybean oil ahead of China's week-long Golden Week national holiday.

Plant-based biotechnology platform company Calyxt announced a new partnership with an undisclosed ingredients manufacturer in Asia to develop a modified soybean capable of becoming a commercial alternative to palm oil.