Berita Arkib

KUALA LUMPUR (Oct 10): Palm oil inventories in Malaysia, the world's second-largest producer of the edible oil, rose for the first time in seven months in September, data from an industry regulator showed on Thursday, as production rose amid slowing exports.

KUALA LUMPUR: Malaysia’s total palm oil stocks rose 9.27 per cent to 2.448 million tonnes in September 2019 from 2.241 million tonnes recorded in the previous month.

KUALA LUMPUR (Nikkei Markets) -- Malaysia's palm oil inventory rose in September after shrinking for six straight months as exports fell sharply, while output rose, official data Thursday showed

Indonesia is trying to clamp down on illegal palm oil plantations by first identifying the perpetrators. A government investigation found that 3.1 million hectares, or about 19% of the country’s total oil palm plantations, are operating without permits in forest areas. Authorities are in the process of identifying the owners of the unlicensed plantations and are seeking legal advice on how to deal with them, according to an official at Indonesia’s ministry of economic affairs.

The Indonesian government could take back 1.4 million hectares of forest as part of its ban on land clearing for oil palm plantations, an official said today.

What do palm oil, lemons, and the Ku Klux Klan have in common? They all illustrate what economists term asymmetric information. Coined by the Noble Laureate George Akerlof (1970s), in his paper titled “The Market for Lemons”, he demonstrated how different information that sellers impose on buyers lead to decisions ending in undesirable market outcomes.

Malaysia exported 3.7 million tonnes of palm oil produce to Europe in 2017. This represented 12 per cent of the global palm oil export that year.

Malaysian palm oil futures rose for a fifth consecutive session on Thursday, buoyed by last-minute buying ahead of September data from the Palm Oil Board. Gains in palm and rival soyaoil on China's Dalian Commodity Exchange also supported the market. Palm oil is affected by price movements in related oils that compete in the global vegetable oils market. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed 0.2% up at 2,201 ringgit ($526.06) a tonne.

Stakeholders in the oil palm sector have been urged to address key issues and longstanding questions that have been seen as hindrance, with admonishment that today is the most pleasant time to make all of the needed corrections that were not considered in the past.

PETALING JAYA: The plantation sector is expected to make a comeback after two years of a downcycle, as crude palm oil (CPO) prices rebound gradually in anticipation of falling global palm oil inventories, according to PublicInvest Research (PIVB Research).

Malaysia exported 3.7 million tonnes of palm oil produce to Europe in 2017. This represented 12% of the global palm oil export in that year.

A MAJOR palm oil grower in Indonesia is breeding an army of predatory bugs to protect trees from pest infestations that could hurt output.