PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

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Carian Terperinci

Berita Arkib

WORLD  
  18-12-2023

Only B7, B20 diesel to be available in Thailand from May 1

Nanthika Thangsupanich, the department’s director-general, said the move comes in response to the Energy Policy Committee’s decision on December 13 to simplify diesel oil offerings at petrol stations and ease public confusion

WORLD  
  18-12-2023

Focus on oil palm cultivation to reduce dependence on imports worth Rs 40K crore

The Narendra Modi government launched the National Mission on Edible Oils-Oil Palm (NMEO-OP) in August 2021, allocating Rs 11,040 crore with the objective of encouraging domestic oilseeds production and increasing the area under oil palm cultivation aggressively across various states in India in order to reduce dependence on imports of edible oils.

LOCAL  
  18-12-2023

A brighter future for oil palm

Since 2015, Malaysia has taken a global leadership role in continuously implementing sustainable oil palm cultivation and palm oil process innovations.

LOCAL  
  15-12-2023

DARE: Palm oil producers need to further improve sustainability

KUALA LUMPUR: Growing oil palms and harvesting their fruits is a major source of income for 500,000 smallholders in Malaysia who depend solely on the commodity for their livelihoods, according to the Datametrics Research and Information Centre (DARE).

MARKET DEVELOPMENT  
  15-12-2023

KLK acquires over 90% stake in two Indonesian palm oil companies for RM277m

Kuala Lumpur Kepong Bhd (KLK) and its subsidiary, KLK Plantations and Trading Pte Ltd, are set to acquire over 90% stakes in two Indonesian oil palm companies, PT Satu Sembilan Delapan (SSD) and PT Tekukur Indah (TI), for a total of RM276.55 million.

WORLD  
  15-12-2023

ISPO to Leverage Palm Oil Competitiveness Level?

Jakarta (ANTARA) - The agricultural sector has been playing important role in Indonesian national economics life. One of the promising sectors that has been contributing significantly to national income is palm oil. Along with its robust growth, the development of palm oil invites controversy in the international community pertaining to social, environmental, and lastly land tenurial issues. The growing negative campaign amplifying negative issues has triggered numbers of western countries to boycott palm oil imports. These problems are currently being addressed by the emergence of certified sustainable palm oil from which the indicator is used in Indonesia currently by Indonesian Sustainable Palm Oil (ISPO).

MARKET DEVELOPMENT  
  15-12-2023

Malaysian palm oil falls on slowing exports

MUMBAI: Malaysian palm oil futures dropped more than 1% on Wednesday due to slowing exports and concerns about bio-diesel demand following a slump in crude oil prices, and tracking weakness seen in rival soyaoil

WORLD  
  15-12-2023

Edible oil price increases by Tk5 per litre

Retailers attribute the increase to higher prices set by oil companies.

MARKET DEVELOPMENT  
  15-12-2023

Palm steady as lower stocks offset weak exports

MUMBAI (Dec 14): Malaysian palm oil futures remained largely unchanged in early Thursday trade, with bargain buying driven by lower stocks countering pressure from slowing exports, and concerns about biodiesel demand after a slump in crude oil prices.

MARKET DEVELOPMENT  
  14-12-2023

MPOA affirms commitment to sustainable palm oil sector growth

13/12/2023 (The Star Online), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) has welcomed Datuk Seri Johari Abd Ghani and Datuk Chan Foong Hin on their respective appointments as the new Minister and new Deputy Minister of the Ministry of Plantation and Commodities (KPK).

MARKET DEVELOPMENT  
  14-12-2023

Fragile supply-demand outlook for CPO sector

14/12/2023 (The Star Online), Petaling Jaya - Analysts are mostly “neutral” on the plantation sector, pegging the price of crude palm oil (CPO) between RM3,800 and RM4,000 per tonne for 2023-2024 amid a fragile supply-demand outlook.

MARKET DEVELOPMENT  
  14-12-2023

Palm oil sector to gain from Johari’s Cabinet appointment

13/12/2023 (Free Malaysia Today), Petaling Jaya - Palm oil industry players have welcomed Johari Ghani’s appointment as plantation and commodities minister following yesterday’s Cabinet reshuffle and expect him to improve the agricultural sector’s governance and practices.