Berita Arkib

Malaysian palm oil futures climbed as much as 3.5% on Tuesday on fears that Malaysia, the world's second biggest producer, would suspend more plantations as it steps up coronavirus containment efforts, while stronger soyabean oil also supported prices

Malaysian palm oil futures firmed up on Monday, tracking gains in crude oil futures and supported by supply concerns as the world's No.2 producer is expected to discuss a shutdown order on some plantations to curb the spread of the coronavirus

Palm oil prices are expected to decrease slightly from their current levels over the next three to six months due to the vast destruction in demand wreaked by the Covid-19 pandemic according to Fitch Solutions.

Palm oil prices are expected to decrease slightly from its current levels over the next three to six months due to fall in demand caused by the Covid-19 pandemic

FGV Holdings Bhd has appealed against the Roundtable on Sustainable Palm Oil (RSPO)’s decision to resuspend the certification of its Kilang Sawit Serting mill and as well as all certification processes for currently uncertified mills.

Malaysian palm oil futures (third month contract), which was ruling as high as 2,450 levels at March end, have dwindled by more than 200 ringgits in first four sessions of April, as coronavirus concerns have overpowered the lower stocks optimism

He said the federal government has decided to allow activities and operations related to agriculture and fisheries to continue during the movement control order (MCO).

Importers of pulses, edible oil and seeds have said that they are unable to clear their consignments from the port because duty and tax relief related Statutory Regulatory Orders (SROs) have not been issued yet.

Palm oil supply and demand are expected to remain tight in the near term as the expected fall in demand amid the Covid-19 crisis will be accompanied by a fall in output, say analysts.

The Sarawak Oil Palm Plantation Owners Association (Soppoa) calls on the government to reconsider the parameters for the Movement Control Order (MCO) for isolated cases of mills or estates.

Malaysian palm oil futures ended higher on Monday, snapping a four-day losing streak, as cargo surveyor data showed better-than-expected exports for the first five days of this month

Malaysian palm oil futures ended higher on Monday, snapping a four-day losing streak, as cargo surveyor data showed better-than-expected exports for the first five days of this month.