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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
IOI Corp 2Q earnings up 9.21% on higher CPO prices, declares 4 sen dividend
IOI Corp Bhd’s net profit for the second quarter ended Dec 31, 2019 (2QFY20) rose 9.21% to RM213.5 m18illion, from RM195.5 a year earlier, thanks to higher crude palm oil (CPO) prices.
BumitamaAgri's Q4 profit up 26% on higher palm oil prices
AN improvement in palm oil prices towards the end of last year gave a boost to BumitamaAgri's fourth-quarter earnings.
Malaysian palm oil up for second day
Malaysian palm oil futures gained for a second straight session on Monday, underpinned by bargain buying and data indicating a slower rate of decline in February exports amid hopes that Chinese demand will recover from the effects of coronavirus.
Expert Wants States To Establish Rice, Oil Palm Mills
A renowned agricultural expert, Professor OfoegbuAmadike has called on the state governments in the south-South and South-East regions to establish mini modern rice mills and oil palm processing mills to serve the need of the people in the rural areas.
Policies drive oil palm demand as uncertainty mars investments
Demand for crude palm oil (CPO), a raw material used commercially by industrialists for vegetable oil and used for cooking by many Nigerians, has surged in the last six months.
Arbitrary laws on palm oil hurt Watawala 3Q
Arbitrary regulations surrounding palm oil cultivation have pinched Watawala Plantations PLC while the group’s still fledgling dairy business reported losses, although its top line is expanding and losses narrowing.
Coronavirus: Oil holds steady even as outbreak continues to have impact
The concerns weighed heavy especially since China is the world's largest oil importing country.
Trump’s trade deal poses new dangers to Southeast Asia
After two years of alternating between tense escalation and fleeting periods of calm, the United States and China reached a preliminary phase one trade deal in December 2019.
Malaysia may spend up to RM15bil for fiscal stimulus package
The government is expected to spend up to RM15 billion via a fiscal stimulus package to stimulate Malaysia’s economy and mitigate any adverse repercussions from the coronavirus (Covid-19) outbreak and other external uncertainties.