Berita Arkib

Bargain buying and rally in the soyoil market propelled the crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives to its best single day rise in 15 days.

DELIMA Oil Products Sdn Bhd, a subsidiary of FGV Holdings Bhd, is introducing healthier plant-based alternatives under the Premeo brand in the Asia-Pacific (APAC) region

Malaysian palm oil futures jumped 2.5% on Wednesday, extending the previous session's gains, tracking soyoil on the Chicago Board of Trade which was boosted by supply concerns.

Malaysian palm oil futures jumped more than 1% on Wednesday, extending gains for a second consecutive session, as costlier rival oils in China and the United States made palm more attractive.

Malaysian palm oil futures jumped more than 1% on Wednesday, extending gains for a second consecutive session, as costlier rival oils in China and the United States made palm more attractive.

The most active corn contract for March delivery soared 20.75 cents, or 4.06 percent, to settle at 5.3225 U.S. dollars per bushel. March wheat climbed 16.75 cents, or 2.58 percent, to settle at 6.6525 dollars per bushel. March soybean gained 26.75 cents, or 1.99 percent, to close at 13.7025 dollars per bushel

The implementation of Malaysian Sustainable Palm Oil (MSPO) certification for organised smallholders had been fully achieved by the end of 2020, the Malaysian Palm Oil Board (MPOB) said.

Palm oil looks neutral in a range of 3,221-3,300 ringgit per tonne, and an escape could suggest a direction.

Imports of edible oil including soyabean and palm into the country during first half of current financial year grew by 18.36 percent and 31.98 percent respectively as compared to the imports of corresponding period of last year.

Malaysian palm oil futures rebounded to gain 1% on Tuesday after two consecutive sessions of losses, tracking strength in rival oils in China and the United States, although a drop in exports capped further gains.

Ghana’s palm oil production will increase by an average of 4.4% year-on-year from 2021 to 2025, with the growth rate increasing at the end of that period.

Palm oil is heading for its lowest close in almost three months as traders assess mounting concern about the strength of demand against a voluntary lockdown in Malaysia’s top producing state.