Berita Arkib

KUALA LUMPUR: Malaysian palm oil futures fell over 1% lower on Friday and logged a weekly slump, dragged by weak crude and rival Dalian prices. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange closed down 76 ringgit, or 1.54%, to 4,851 ringgit ($1,144.91) a tonne.

KUALA LUMPUR (Nov 26): Sarawak Oil Palms Bhd’s (SOPB) net profit for the third quarter (3Q) ended Sept 30, 2021 soared 70% to RM125.48 million against RM73.83 million in the same quarter a year ago.

KUALA LUMPUR (Nov 26): Plantation company Negri Sembilan Oil Palms Bhd (NSOP) is paying out RM2.81 million or 4 sen per share in special dividend to its shareholders after its net profit surged 425% year-on-year to RM7.35 million in the third quarter of 2021.

Indonesia and the European Union are normally close partners on many fronts, but this time around they are suing each other for “unfair trade practices” at the World Trade Organization (WTO).

Palm oil may break a support at 4,902 ringgit per tonne, and fall to the next support at 4,827 ringgit.

Malaysian palm oil futures edged lower on Friday and were on course for a weekly decline, weighed down by weaker crude and rival Dalian prices, and by slowing exports.

The prospects of IOI Corp Bhd remain positive for the remainder quarters of its financial year ending June 30, 2022 (FY22), thanks to strong crude palm oil (CPO) prices.

Value of palm oil import exceeds the value of total edible oil imports in Oil Year 2017-18 and Oil Year 2018-19.

KUALA LUMPUR (Nov 24): Malaysia will be able to take full advantage of the use of drone technology in the palm oil sector within the next three years, said Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin.

KUALA LUMPUR, Nov 24 — A dispute proceeding against European Union’s (EU) alleged discrimination against palm oil will be held at the end of January 2022, according to Minister of Plantation Industries and Commodities (MPIC) Datuk Zuraida Kamaruddin.

KUALA LUMPUR (Nov 24): Hap Seng Plantations Holdings Bhd’s net profit for the third quarter ended Sept 30, 2021 more than doubled to RM52.93 million from RM25.08 million a year ago, driven by higher crude palm oil (CPO) and palm kernel (PK) prices.

Palm oil producer Brazil Biofuels (BBF) and Vibra Energia, the main fuel distributor in Brazil, entered an agreement to unlock the construction of the first hydrotreated vegetable oil (HVO) plant in the country, local media has reported.