Berita Arkib

The anticipated gradual recovery in palm oil export demand has driven plantation index on Bursa Malaysia to retain its steady performance.

Myanmar will add 12,000 tonnes of palm oil to its food reserves in the event of an emergency during the COVID-19 outbreak, said U Than Myint, Minister of Commerce.

Oil palm yield and by-products can be enhanced by 23 per cent from 19 per cent through upgrading and improving the technology at the plantation and production level, according to the Malaysian Palm Oil Board (MPOB).

Malaysian palm oil futures ended lower on Tuesday, hovering near a 10-month low hit last week, dragged by a higher-than-expected surge in April inventories amid slow exports due to the coronavirus pandemic.

WEAKER export demand for crude palm oil (CPO) and the delay in the B20 biodiesel mandate adoption to advance the use of palm oil in the transport sector could lift the country’s palm oil stockpile to more than two million by the end of the year.

It has been 20 years since the Malaysian Palm Oil Board (MPOB) embarked on its journey to boost the country's oil palm research and development and excellent services.

Malaysian palm oil industry leaders warned on Tuesday of depressed prices this year as the coronavirus pandemic cuts global demand and boosts inventories, with the biggest producer warning of painful cost cuts.

Palm oil companies will no longer be required to allocate a fifth of their land for smallholder farmers under a new bill, a move activists and officials call harmful to the livelihoods of these farmers.

Snapping gains from the previous session, the May contract of soybean on the National Commodity and Derivatives Exchange was down due to weak demand for soymeal from exporters, analysts said

Malaysian palm oil futures fell on Tuesday, dragged lower by top buyer India's import restrictions on the refined product and as the market maintained a cautious stance ahead of official data.

Chicago wheat and corn fell on Tuesday before a closely watched U.S. Department of Agriculture (USDA) report was expected to show abundant supplies.

Indian oilseed crushers have welcomed the Indian Commerce Ministry’s move to suspend permits for imports of refined palm oil as a move to protect local refiners.