Berita Arkib
13-08-2021
India gets below-average monsoon rains for second straight week
Monsoon rains in India in the week through Wednesday were below average for the second straight week, the weather office said, raising concerns over production of summer-sown crops such as cotton, soybean, corn and rice.
13-08-2021
25 firms have licences suspended for profiteering in palm oil, cooking gas
The domestic trade and consumer affairs ministry has suspended the licences of 25 companies and withdrawn their subsidy quota for cooking oil and liquefied petroleum gas (LPG) after they were found to be profiteering.
13-08-2021
As UN sustainability deadline looms, Credit Suisse believes palm oil sector's best bet lies in transition support
Support in transitioning towards sustainability would be the best way forward for the palm oil industry, said Credit Suisse after determining that there is a lack of commercially available alternatives to progress as the UN sustainable development goals’ deadline of 2030 looms.
12-08-2021
Palm oil futures rally above RM4,500 - highest in two months
KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied above RM4,500 per tonne for October benchmark contract -- the highest in two months, on lower July palm oil stocks.
12-08-2021
Weak supply, stocks data from Malaysia may push palm oil prices higher
Palm oil prices could rise in the near term after Malaysia's official July data showed a steep dip in inventories at end-July along with lower production even as most market participants expected stocks to rise marginally or stay flat.
12-08-2021
Crude palm oil price to remain higher on tight supply, say research firms
KUALA LUMPUR, Aug 12 ― Research firms believe the price of crude palm oil (CPO) would stay higher for quite some time given its tight supply situation which would likely remain at least until the third quarter of 2021.
12-08-2021
Palm oil may test resistance at 4,587 ringgit
SINGAPORE: Palm oil may test a resistance at 4,587 ringgit per tonne, a break above which could lead to a gain to 4,698 ringgit.
12-08-2021
Malaysia end-July palm oil stocks fall 7.3% to 1.5 mln T – MPOB
KUALA LUMPUR, Aug 11 (Reuters) - Malaysia’s end-July palm oil end-stocks fell 7.3% from June to 1.5 million tonnes, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Wednesday.
12-08-2021
Malaysia end-July palm oil stocks slump to 4-month low as output shrinks
KUALA LUMPUR — Malaysia’s palm oil stockpiles hit a four-month low at July end, falling below expectations, as production and imports shrank, according to
11-08-2021
The pressing issue of CPO and worker shortage
There is a concern about the profitability and sustainability of the plantation sector beyond next year, given the severe shortage of foreign workers due to the closure of the national borders
11-08-2021
Indonesia urged to ban new palm oil plantations to meet climate goals
Indonesia should make permanent its temporary ban on new permits for palm oil plantations to advance progress on tackling deforestation and meet its climate goals, environmentalists say.
11-08-2021
CPO futures ease in anticipation of weaker exports
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives swung between positive and negative territory yesterday but ended lower on mounting concerns over weaker exports amid recently high prices which deter short-term demand