Berita Arkib

Malaysian palm oil futures fell on Wednesday, tracking weaker rival oils, and on growing concerns over demand as more countries self-isolate against the coronavirus outbreak

An Indonesian anti-graft agency, widely recognised for its prowess at catching corrupt government officials, has begun to refocus its approach towards cracking down on natural resource firms that pay bribes in exchange for permits.

The Malaysian Palm Oil Association (MPOA) and Malaysian Estate Owners Association (MEOA) have appealed to the State Government to reconsider the decision to close all palm oil mills in plantations in Tawau, Lahad Datu and Kinabatangan

A lack of collaboration between ASEAN governments and the food industry could risk causing supply shortages across the region as several nations enforce COVID-19 lockdowns

Synthetic palm oil does not contain vitamins A and E compared to natural palm oil rich with these nutritional values, the Malaysian Palm Oil Board (MPOB) said in a statement yesterday

Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said domestic consumption in February was 346,720 tonnes – a 13-month high, but it only accounts for 16 per cent of total annual demand.

Consumers are yet to get any benefit in commodity prices despite Rs20 per litre cut in diesel prices and declining international rates of pulses, tea and edible oil.

The closure of palm oil estate and milling operations in six districts in Sabah could result in a loss of 18% to 20% in Malaysia’s monthly crude palm oil (CPO) production, and a 2% loss of total CPO production for 2020.

Palm oil imports by India will probably slump year-on-year for a sixth month in April as a nationwide lockdown in the world’s biggest buyer to combat the spread of the coronavirus hurts operations at ports and factories.

Two Malaysia palm oil grower groups on Tuesday asked the government of Sabah, the country’s biggest palm producing state, to reconsider the extension of an order suspending palm operations as part of coronavirus containment efforts.

The Union Budget for 2020 reversed liberalisation of the customs tariff regime by increasing customs duties across the board. The most significant change, however, was not a mere rejig of rates, but a potential challenge to India’s standing in the global supply chain

Malaysian palm oil jumped more than 2% on Monday, tracking a rally in Dalian edible oil prices as supply concerns deepened after the world's second-largest producer shut down more palm operations in an effort to contain the coronavirus.