PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  26-09-2023

VEGOILS-Palm rises on Dalian strength, weaker ringgit

25/09/2023 (Nasdaq), Jakarta - Malaysian palm oil futures opened higher on Monday, tracking gains in rival Dalian oils and helped by a softer ringgit.

MARKET DEVELOPMENT  
  26-09-2023

Malaysian palm oil industry should explore niche markets to capture high market value, says Siti Aminah

25/09/2023 (The Edge Markets), Kuala Lumpur - The country’s palm oil industry is encouraged to explore and expand into niche markets to capture higher market value and targeted coverage.

MARKET DEVELOPMENT  
  25-09-2023

CPO futures likely to trend lower next week

23/09/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures on Bursa Malaysia Derivatives are projected to trend lower next week as the weaker soybean oil market on the Chicago Board of Trade (CBOT) continues to dampen sentiment in the palm oil market, said a dealer.

OILS & FATS  
  25-09-2023

Planters’ Association renews call to completely reverse oil palm cultivation ban

25/09/2023 (Daily Mirror Online) - Sri Lanka should look at completely reversing the ban on oil palm cultivation, an effort that, if rolled out properly, will ensure the flourishing of grassroots economies, the Planters’ Association of Ceylon (PA) said.

OILS & FATS  
  25-09-2023

Planters’ Association says unproductive rubber lands can be utilized for palm cultivation to save forex

24/09/2023 (ADA Derna) - The Chairman of the Planters’ Association of Ceylon, Senaka Alawattegama says that the country should focus on profitable industries such as palm cultivation as a measure in the agriculture sector to retain the foreign currency outflow and earn more foreign income by catering to the international market.

OILS & FATS  
  25-09-2023

Olive oil, essential part of Greek cuisine, becoming luxury due to skyrocketing prices

25/09/2023 (The Nation), Athens- Olive oil, an essential part of the Greek culture and cuisine, is becoming a luxury good because of skyrocketing prices, the president of one of Greece’s major olive producers’ union said Saturday.

OILS & FATS  
  25-09-2023

Soyabean oil valuing $46.82m, palm oil worth $552.40m imported in 2 months

24/09/2023 (The Nation), Islamabad - Import of soyabean oil into the country during the first two months of the current financial year increased by 8.77 percent as compared to the imports of the corresponding period of last year.

MARKET DEVELOPMENT  
  22-09-2023

Palm oil hits three-month low on weaker soyoil, demand worry

21/09/2023 (The Edge Malaysia) - Palm oil fell to its lowest level in almost three months on concerns about poor demand and rising production, with losses in soybean oil putting further pressure on the tropical oil.

OILS & FATS  
  22-09-2023

Is the search for a real alternative to palm oil over?

21/09/2023 (Malay Mail), Glasgow - It’s the most widely consumed oil in the world. It shows up on the ingredients list of potato chips, pizza and soap. But it’s also associated with ecological degradation as it’s a major driver of deforestation. This has motivated researchers to investigate the manufacture of palm oil with the aim of finding a more ethically acceptable alternative. And a team in Scotland may have finally succeeded.

OILS & FATS  
  22-09-2023

Indonesia to Accelerate Smallholders` Palm Oil Replanting Program

20/09/2023 (Tempo.Co) - Plantation DG at the Ministry of Agriculture Andi Nur Alamsyah stated that the national palm oil productivity only reached 3 to 4 million tonnes per hectare. Thus, the government intends to push for the smallholders' palm oil replanting program (PSR).

MARKET DEVELOPMENT  
  22-09-2023

VEGOILS-Palm falls to one-week low as weaker rivals outweigh export data

21/09/2023 (Nasdaq), Singapore - Malaysian palm oil futures fell to their lowest in over a week on Thursday, tracking weakness in rival oils which offset support from improving exports.

OILS & FATS  
  22-09-2023

Used cooking oil being developed as aviation fuel: Ministry

21/09/2023 (Antara News), Jakarta - The Indonesian Industry Ministry stated that the potential of used cooking oil, currently being developed globally, could be tapped to serve as sustainable aviation fuel (SAF).