Berita Arkib

China has agreed to take palm oil worth nearly $150 million from Malaysia in a barter deal, media said on Saturday, citing a Malaysian minister.

An additional one billion yuan (RM611mil) worth of palm oil, approximately 200,000 tonnes, will be exported to China in a barter trade, she said.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see quiet trading next week with the price hovers between RM1,900 and RM2,000 per tonne.

Malaysian palm oil futures fell 1% on Thursday, snapping a three-session rally on profit taking and slowing gains in other related edible oils.

Malaysia is calling on the European Union (EU) to redefine oil palm cultivation activities in the country which have been classified as high-risk, while aiming to further negotiate on the bloc’s directive to restrict the usage of biofuels.

Palm oil may rise to RM2,148 per tonne, driven by a wave C.

FGV Holdings Bhd could return to profitability this year if exports improve and crude palm oil (CPO) prices climb to favourable levels — ending the company’s five quarters of successive losses.

A group which protects the interests of plantation industries in Malaysia has urged the Sabah government to consider waiving regularisation fees for workers’ dependents and to ensure that agency fees are handled by the state government itself in order to lower the rates

Malaysian palm oil futures were in line to snap a three-session rally to fall over 1% in early trade on Thursday, due to profit taking and slowing gains in other related edible oils.

Hap Seng Consolidated Bhd remains positive on its plantation business despite lower crude palm oil (CPO) price expectations of between RM2,000 and RM2,300 per tonne this year.

The Minister of Energy has officiated at the first public sale of PTT UltraForce Diesel B10 in Thailand, in keeping with the ministry’s policy to promote biodiesel B10 as the country’s main diesel fuel

QL Resources Bhd's net profit grew 11% to RM43.23 million in the fourth quarter ended March 31, 2019 (4QFY19), against RM38.85 million a year ago, supported by its marine product manufacturing and palm oil activities divisions.