Berita Arkib

Malaysian palm oil futures extended losses into a third session on Wednesday, dragged down by lacklustre performances in Chicago soyoil and Dalian vegetable oils, while strong export data and weakness in the ringgit currency limited losses.

Indonesian palm oil producers are hoping that the government will slash the duty on US-bound exports, saying that such cuts would be necessary if Jakarta does not want to lose its customers following the recent tariff blitz

Oil palm growers are planning to replant 1.5 million hectares of land over the next five years across the 27 oil palm producing states in Nigeria.

Malaysian palm oil futures extended losses into a third session on Wednesday, dragged down by lacklustre performances in Dalian vegetable oils and expectations of improved output.

The government raised the retail prices of soybean and palm oil yesterday amid concerns that this would raise the cost of living

India is on the brink of a palm oil revolution, with NMEO-OP driving its transformation from an import-dependent nation to a key global exporter

The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives (BMD) ended lower for the third straight day today, in line with lower soybean oil prices on the Chicago Board of Trade (CBOT).

Malaysian palm oil futures fell for a second consecutive session on Tuesday, weighed down by expectations for improved production, while weaker Dalian vegetable oils and Chicago soyoil added pressure

Plantation companies with downstream operations, particularly in oleochemicals, will likely be hit by slow global demand due to oversupply factors as well as increasing competition from Indonesia and China exporters this year.

Malaysia has maintained its May export tax for crude palm oil at 10% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

Oil prices were little changed on Tuesday as investors digested the latest headlines on US President Donald Trump's on-again, off-again tariffs and tried to figure how much the US-China trade war could reduce global economic growth and oil demand.

The Malaysian Palm Oil Board registered an increase in production for March, reaching 1.38 million tonnes, marking the start of this year’s seasonal uptrend with fresh fruit bunch harvest expected to rise month-on-month from March until September or October.