Berita Arkib
10-09-2020
Smallholders support Council of Palm Oil Producing Countries’ proposed global alliance to counter negative campaigns
Representatives that attended the Council of Palm Oil Producing Countries’ (CPOPC) latest forum have stated their support on efforts to establish a global alliance to counter negative campaigns or stigmatisation of palm oil.
10-09-2020
Sime Darby Plantation provides second chance for parolees
Sime Darby Plantation Bhd (SDP) is looking into getting parolees to join the plantation industry due to a major shortage of workers following the COVID-19 pandemic.
09-09-2020
Palm oil snaps 2-day losing streak
Malaysian palm oil futures ended higher on Tuesday, snapping a two-day losing streak and climbing as much as 3%, tracking sharp gains in rival soyabean oil, although concerns over rising September production lingered.
09-09-2020
Palm Oil Growers Seek Prisoners to End Virus-Driven Labor Crunch
The coronavirus crisis has pushed the Malaysian palm oil industry into a labor crunch so severe that it’s turning to prisoners for help.
09-09-2020
UPDATE 1-Indonesia to revamp palm oil levy to support biodiesel programme
Indonesia, the world's largest palm oil producer, plans to revise its palm oil export levy rules to allow higher collection when prices increase, a senior cabinet minister told Reuters, as part of moves to underpin an ambitious biodiesel programme.
09-09-2020
Thailand to slash stockpile of crude palm oil
Thailand’s cabinet has approved plans to reduce the country’s huge crude palm oil (CPO) stockpile to shore up domestic price.
09-09-2020
CPO futures end higher, tracking firmer US bean market
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, tracking the stronger overnight Chicago bean oil market performance due to increased demand from China on fears of rain and floods, said palm oil trader David Ng.
09-09-2020
Plantation companies poised to post stronger performance in the second half of the year, analysts said.
Crude palm oil (CPO) prices have rallied to nearly RM3,000 per tonne from the year-to-date low of RM2,000 per tonne in May, buoyed by lower inventory and higher soybean oil prices.
08-09-2020
Asian planters with operating strengths have edge in cyclical industry: Fitch
Producers with operating strengths based on factors such as plantation profiles, productivity, cost position and vertical integration, and conservative financial metrics are better placed to navigate the cyclicality and price volatility of the crude palm oil industry, said Fitch Ratings.
08-09-2020
India Palm Imports Drop From 10-Month High on Weak Food Demand
Palm oil imports by top buyer India probably fell from a 10-month high as a slow recovery of the food services industry curtailed demand for the world’s most-used vegetable oil.
08-09-2020
VEGOILS-Palm oil gains nearly 2% on stronger soyoil, weaker ringgit
Malaysian palm oil futures rose on Tuesday, supported by a weaker ringgit and tracking sharp gains in rival soybean oil as the Chicago Board of Trade resumed trading after a long weekend.
08-09-2020
India’s palm oil imports fall 11% in August
Palm oil imports by top buyer India probably fell from a 10-month high as a slow recovery of the food services industry curtailed demand for the world’s most-used vegetable oil.