PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  13-10-2023

Malaysian palm oil sheds gains

12/10/2023 (Business Recorder), Mumbai - Malaysian palm oil futures erased early gains on Wednesday to close near their lowest level in 3-1/2 months as higher stocks and cheaper supplies of sunflower oil outweighed hopes for improved exports at lower price levels.

MARKET DEVELOPMENT  
  13-10-2023

Shaping a healthier and more sustainable palm oil industry

12/10/2023 (The Sun Daily) – The conversation about palm oil often focuses around environmental considerations. This focus, however, largely overshadows its role in medical applications. Although the topic may not be at the forefront of people’s thoughts, there are several good reasons to pay attention to palm oil’s medical benefits.

MARKET DEVELOPMENT  
  12-10-2023

High palm oil stocks to pile pressure on prices

12/10/2023 (The Star Online), Petaling Jaya - A continued peak production season may result in the local palm oil stocks staying high, thus putting pressure on the crude palm oil (CPO) price performance, say analysts.

MARKET DEVELOPMENT  
  12-10-2023

Cheap sunflower oil from Russia, Ukraine rattles palm oil market

11/10/2023 (The Edge Malaysia), Mumbai - A flood of cheap sunflower oil from Russia and Ukraine is putting downward pressure on palm oil prices, as the two top producers take advantage of currency depreciation to grab a larger share of the edible oils market.

MARKET DEVELOPMENT  
  12-10-2023

CPO price to close higher at RM3,891 per tonne in October

11/10/2023 (Free Malaysia Today), Petaling Jaya - MIDF Research forecasts the average local crude palm oil (CPO) delivery price will close 4.4% month-on-month (m-o-m) higher at RM3,891 per tonne in October, due to moderate El-Nino events.

MARKET DEVELOPMENT  
  12-10-2023

Malaysia's palm oil stocks seen remaining above two million tonnes till end of the year

11/10/2023 (The Edge Malaysia), Kuala Lumpur - Malaysian palm oil stocks are expected to remain above the two-million-tonne mark until the end of this year, even when demand is expected to pick up towards the end of the year, as the sector undergoes a peak output season.

MARKET DEVELOPMENT  
  12-10-2023

Indonesia to launch crude palm oil futures exchange on October 13

11/10/2023 (Times of India), Jakarta - Indonesia, the world's biggest palm oil exporter, will launch its crude palm oil (CPO) futures exchange mandatory, its chief regulator told Reuters on Wednesday.

MARKET DEVELOPMENT  
  11-10-2023

Indonesia's Garuda conducts test flight with palm oil-blended jet fuel

10/10/2023 (Channel News Asia), Jakarta - Flag carrier Garuda Indonesia said on Tuesday it has completed a test flight using a palm oil-blended jet fuel on a Boeing 737-800NG aircraft.

MARKET DEVELOPMENT  
  11-10-2023

VEGOILS-Palm oil hits 3-1/2 months low on stock build-up in Malaysia

10/10/2023 (Nasdaq), Mumbai - Palm oil futures fell in early trade on Tuesday to their lowest level in 3-1/2 months on fears of an inventory build-up in Malaysia, where industry officials forecast production grew more than the exports during September.

OILS & FATS  
  11-10-2023

Government's liberal import policy cause of worry for farmers: Congress

10/10/2023 (The Hindu) - The Congress on Tuesday said the liberal import policy of the Modi government is causing a "huge crisis" for the farmers in the country.

MARKET DEVELOPMENT  
  11-10-2023

Palm oil stocks hit 11-month high

11/10/2023 (The Star Online), Kuala Lumpur - Palm oil stockpiles hit an 11-month high at the end of September, according to data from the Malaysian Palm Oil Board (MPOB), raising concerns about demand for the commodity.

MARKET DEVELOPMENT  
  11-10-2023

Malaysia's palm oil stocks rise 9.6% to 2.31m tonnes in September

10/10/2023 (The Star Online), Kuala Lumpur - Malaysia’s total palm oil stocks rose by 9.60 per cent to 2.31 million tonnes in September from 2.11 million tonnes in August, according to the Malaysian Palm Oil Board (MPOB).