PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

|

Carian Terperinci

Berita Arkib

OILS & FATS  
  12-12-2023

CPO futures to trade on upside bias next week on expectations of weaker output

09/12/2023 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on an upside bias next week in anticipation of weaker output.

MARKET DEVELOPMENT  
  08-12-2023

Deputy minister: Malaysia-Indonesia cooperation to continue to shore up palm oil’s credibility

07/12/2023 (Malay Mail) - The industrial solidarity planned with Indonesia to shore up the credibility of palm oil worldwide will continue to be a bridge to re-strengthen palm oil exports affected by the European Union (EU) sanctions.

MARKET DEVELOPMENT  
  08-12-2023

VEGOILS-Palm oil falls for fifth straight day on weak rival oils, crude

07/12/2023 (Nasdaq), Jakarta - Malaysian palm oil futures extended declines to a fifth straight session on Thursday, the longest losing streak since mid-September, tracking weakness in rival edible oils and crude oil, but a weaker ringgit limited losses.

MARKET DEVELOPMENT  
  08-12-2023

Indonesia palm oil fund agency sees 2024 export levy collections at 29 trillion rupiah

07/12/2023 (Business Times) - INDONESIA’S palm oil fund agency predicts it will collect 29 trillion rupiah (S$2.5 billion) in revenues from export levies in 2024, slightly below this year, its chief executive said on Thursday (Dec 7).

MARKET DEVELOPMENT  
  08-12-2023

Felcra, Risda not affected by EU's deforestation rules, says Zahid

07/12/2023 (The Edge Malaysia), Kuala Lumpur - Felcra Bhd and the Rubber Industry Smallholders Development Authority (Risda) are not directly affected by the European Union Deforestation Regulation (EUDR), said Deputy Prime Minister and Rural and Regional Development Minister Datuk Seri Dr Ahmad Zahid Hamidi.

MARKET DEVELOPMENT  
  08-12-2023

Downstreaming of natural resources supports green economy: Ministry

07/12/2023 (Antara News), Jakarta - Director General of Budget of the Ministry of Finance Isa Rachmatarwata stated that downstreaming natural resources could support the realization of a green economy in Indonesia.

MARKET DEVELOPMENT  
  07-12-2023

Powering a sustainable future

07/11/2023 (The Star Online), Petaling Jaya - The palm oil industry, a key backbone of Malaysia’s national economic growth, can play a major role in powering a sustainable future for the country.

MARKET DEVELOPMENT  
  07-12-2023

VEGOILS-Palm oil falls to four-week low on weak rival oils

06/12/2023 (Nasdaq) - Malaysian palm oil futures fell for a fourth session on Wednesday to their lowest closing in more than four weeks, weighed down by weakness in rival vegetable oils despite expectations of declining inventories by end of November.

MARKET DEVELOPMENT  
  07-12-2023

Olive oil scandal fires EU food safety doubts

06/12/2023 (China Daily) - The safety of Europe's food was called into question this week when police in Italy and Spain seized contaminated cooking oil being sold as high-end products.

MARKET DEVELOPMENT  
  07-12-2023

Imported cooking oil safe for consumption – Kebs

06/12/2023 (Nation, Africa) – The Kenya Bureau of Standards (Kebs) has clarified that edible oil imported by the Kenya National Trading Corporation (KNTC) is safe for consumption.

MARKET DEVELOPMENT  
  06-12-2023

Palm oil reserves seen rising to four-year high

06/12/2023 (The Star Online), Petaling Jaya - Palm oil stockpiles in Malaysia likely expanded for a seventh straight month to the highest level since April 2019 as production in the world’s second-biggest grower outstripped its exports of the tropical oil.

MARKET DEVELOPMENT  
  06-12-2023

VEGOILS-Palm oil falls for third straight day on weak rival oils

05/12/2023 (Nasdaq), Jakarta - Malaysian palm oil futures extended declines to a third straight session on Tuesday, weighed down by weakness in rival vegetable oils in the Dalian and Chicago futures markets.