PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  20-10-2023

Fadillah: Ministry given higher allocation in 2024 Budget based on Industry feedback

19/10/2023 (New Straits Times), Kuala Lumpur - The allocation for the Plantation and Commodities Ministry (KPK) was increased to RM732.7 million in the 2024 Budget after taking into consideration feedback from the industry, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

OILS & FATS  
  19-10-2023

Plans to cover area larger than Sikkim with palm oil plantations

19/10/2023 (Hindustan Times) - Special provisions are also being made to promote palm oil in northeast India keeping in mind the need for investment, the ministry of agriculture and farmers’ welfare said

MARKET DEVELOPMENT  
  19-10-2023

Vegetable oil imports partly fill in for thinning US soyoil stocks

19/10/2023 (The Star Online) - THE US soybean oil supplies have declined significantly in the last couple of months, but so have prices, which is counter intuitive.

MARKET DEVELOPMENT  
  19-10-2023

Singapore-based Indonesia palm oil exporter grapples with EU law

18/10/2023 (Nikkei Asia), Jakarta - Musim Mas, a Singapore-based exporter of Indonesian palm oil, faces "a big challenge" over the European Union's new deforestation regulation, which will particularly impact the country's small individual farmers, a company executive told Nikkei Asia.

MARKET DEVELOPMENT  
  19-10-2023

Malaysian palm oil

18/10/2023 (Business Recorder), Singapore - Malaysian palm oil futures were little changed on Tuesday after three consecutive sessions of gains, as strong exports and Chinese demand were offset by weaker Chicago soyoil prices.

MARKET DEVELOPMENT  
  18-10-2023

Malaysia keeps November crude palm oil export duty at 8pc

17/10/2023 (New Straits Times), Kuala Lumpur - Malaysia has maintained its November export tax for crude palm oil at 8 per cent and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

MARKET DEVELOPMENT  
  18-10-2023

Shafie Apdal: 20pc of oil palm not harvested due to labour shortage

17/10/2023 (Malay Mail) - At least 20 per cent of oil palm are unharvested due to labour shortage, hence additional government initiatives are needed to ensure that the industry remains sustainable.

MARKET DEVELOPMENT  
  18-10-2023

PLTUs asked to increase palm oil waste use for co-firing

17/10/2023 (Antara News), Jakarta - The Ministry of Energy and Mineral Resources (ESDM) has called for the increased use of empty oil palm fruit bunches as biomass raw materials for co-firing (alternative fuel) in coal-fired power plants.

MARKET DEVELOPMENT  
  18-10-2023

VEGOILS-Palm oil flat as weak CBOT soyoil offsets Chinese demand boost

17/10/2023 (Nasdaq) Singapore - Malaysian palm oil futures were little changed on Tuesday after three consecutive sessions of gains, as strong exports and Chinese demand were offset by weaker Chicago soyoil prices

MARKET DEVELOPMENT  
  18-10-2023

Govt slashes ghee, cooking oil price

17/10/2023 (Samaa.tv) - The federal government has taken steps to reduce the prices of popular ghee and cooking oil brands by up to Rs38 per kilogram at Utility Stores across the country.

OILS & FATS  
  17-10-2023

Cargill to cease conventional palm oil suppy in the US

16/10/2023 (Supermarket Perimeter) - Cargill will now solely supply certified Roundtable for Sustainable Palm Oil (RSPO.) The company will no longer supply conventional palm oil in its United States portfolio.

MARKET DEVELOPMENT  
  17-10-2023

Nigeria’s palm oil imports from Malaysia rises 65.3% despite weaker naira

16/10/2023 (Business Day Nigeria) - Nigeria’s Palm Oil imports from Malaysia – a top global producer have surged by 65.3 percent in the first nine months of 2023 despite naira devaluation and local players ramping up production, data from the Malaysian Palm Oil Council shows.