PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 10 Apr 2025

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Berita Arkib

MARKET DEVELOPMENT  
  12-12-2024

Monsoon season drives continued decline in CPO production — analysts

11/12/2024 (The Edge Malaysia), Kuala Lumpur -Crude palm oil (CPO) production is projected to decline further in the coming months due to the ongoing monsoon season and the typical seasonal drop in output, according to analysts.

MARKET DEVELOPMENT  
  12-12-2024

Impact of hike in India’s palm oil import tax temporary, says ministry

11/12/2024 (Free Malaysia Today), Kuala Lumpur - The plantation and commodities ministry is confident the increase in import tax implemented by India on the price of Malaysian palm oil is temporary.

MARKET DEVELOPMENT  
  12-12-2024

First RSPO identity preserved certified sustainable palm oil delivered to China

10/12/2024 (OFI Magazine) - The first shipment of Roundtable on Sustainable Palm Oil (RSPO) identity preserved (IP) certified sustainable palm oil has been delivered to China.

MARKET DEVELOPMENT  
  12-12-2024

CPO FUTURES CLOSE LOWER ON WEAKER DEMAND

11/12/2024 (Bernama), Kuala Lumpur – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, weighed by weaker demand, a trader said.

MARKET DEVELOPMENT  
  12-12-2024

CPO prices likely to stay buoyant in coming quarters

12/12/2024 (The Star Online), Petaling Jaya - Analysts mostly have upgraded the plantation sector to an “overweight” call with crude palm oil (CPO) prices likely to stay buoyant given anticipations of tighter global supply, low stock levels and increasing biodiesel demand in 2025.

OILS & FATS  
  12-12-2024

Rising palm oil imports, recovering Indonesian output, sharp drop in exports may signal demand rationing — Glenauk Economics

10/12/2024 (The Edge Malaysia), Kuala Lumpur - Rising palm oil imports, combined with recovering Indonesian output and a sharp drop in exports, may signal demand rationing, according to agricultural commodity advisory firm Glenauk Economics.

MARKET DEVELOPMENT  
  10-12-2024

Palm trades lower, tracking rival vegetable oils; industry data eyed

09/12/2024 (XM.com), Jakarta - Malaysian palm oil futures fell on Monday, tracking a decline in rival vegetable oils on the Dalian and Chicago exchanges, while traders await data from the Malaysian Palm Oil Board (MPOB) for further cues.

MARKET DEVELOPMENT  
  10-12-2024

Pacific Inter-Link Achieves Record-Breaking Palm Oil Shipment

09/12/2024 (Business Today) - Pacific Inter-Link Sdn Bhd (PIL) has marked a significant milestone with the departure of its largest palm oil shipment, carrying 70,000 metric tonnes (MT) of palm oil from Port Klang, Malaysia. The record-breaking cargo was transported aboard a 229-metre Long Range tanker, typically designed for crude oil or refined petroleum products, highlighting PIL’s capability in large-scale export operations.

OILS & FATS  
  10-12-2024

Bapanas Boss Denies Reports that CPO Hike Causes MinyaKita Price to Soar

09/12/2024 (Tempo.co), Jakarta - Arief Prasetyo Adi, head of the National Food Agency (Bapanas), denied reports that the price of MinyaKita cooking oil had risen due to an increase in the global price of crude oil (CPO). According to Arief, the raw material for MinyaKita comes from the allocation of CPO for domestic market requirements (DMO) by palm oil producers.

MARKET DEVELOPMENT  
  10-12-2024

Edible oil prices up by Tk 8 per litre

09/12/2024 (New Aged Bangladesh) - The government has raised the prices of both the soya bean and palm oil by Tk 8 a litre as per the demand from the businesses to align price with international market rates.

OILS & FATS  
  10-12-2024

Edible oil crisis: Traders blame S Alam halting imports, incur 15% loss due to hike in int’l market

09/12/2024 (TBS News) - Soybean market traders in Bangladesh have blamed the price hike in the international market and the halt in imports by S Alam for the shortage of soybean oil in the local market.

MARKET DEVELOPMENT  
  09-12-2024

CPO likely to trade with upward bias next week

08/12/2024 (New Straits Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upside bias next week on the prospects of weaker output going forward.