Berita Arkib

Palm oil imports by India probably surged 46% last month as a drop in stockpiles in the world’s biggest buyer prompted refiners and traders to boost purchases.

Malaysia's palm oil inventories at end-July likely plunged 11.94% from June to three-year lows, as production slumped due to a worsening labour shortage amid the coronavirus outbreak.

THE Ministry of Plantation Industries and Commodities (MPIC) targets between RM65 billion to RM70 billion in export income for palm oil this year, as a result of the increase in demand

National Plantation Holding, housing the National Plantation Corporation (PTPN) as its subsidiary, will channel its attention on key commodities -- palm oil and sugar -- to mark commitment to maintaining food independence of the country.

Malaysian palm oil futures tracked rise in Dalian palm and rival soya oil to climb more than 1% on Tuesday, their fourth straight session of gains, helped by expectations for lower July production and inventories.

Japanese Foreign Minister Toshimitsu Motegi will visit Britain this week for what he predicted would be difficult talks as the two countries look to conclude a post-Brexit trade deal

The Cambodia-China free-trade agreement expected to be inked later this month will send a powerful message to friends near and far that the Kingdom has expanded its greater market to the more than 1.3 billion-strong Chinese market.

The Oil Palm Developers and Processors Association (OPDPA) has asked the Union Government to usher in structural and policy changes to leverage the domestic potential.

More than 85% of Malaysia’s 5.9 million hectares (ha) of oil palm plantations and about 90% of 452 palm oil mills had obtained the Malaysian Sustainable Palm Oil (MSPO) certification as of July 30, 2020.

Malaysian palm oil futures extended gains for a fourth straight session on Tuesday, helped by signs of improving demand with stronger exports last month, but cheaper rival soyoil and crude capped gains.

Indonesia's first request was blocked at a dispute settlement meeting on 29 June. Indonesia said the measures in question not only unfairly discriminated against palm oil, but were inconsistent with provisions in the World Trade Organisation’s (WTO) goods, subsidies and technical barriers to trade agreements

The Ministry of Plantation Industries and Commodities (MPIC) is optimistic that the price of crude palm oil (CPO) will continue to rise up to RM2,500-RM2,600 per tonne by the end of this year.