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CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Malaysia and Turkey target RM20b in annual trade by 2025
MALAYSIA and Turkey are targeting US$5 billion (RM20.87 billion) of annual trade by 2025, as the two nations seek to deepen economic ties in various sectors.
Low CPO prices pull TH Plantations deeper into the red
AS TH Plantations Bhd (THP) released its second-quarter results last Thursday, its shareholders may rightly be even more concerned about its financial health amid its turnaround programme this year.
India agrees to reduce export tariff on Indonesian palm oil
India has agreed to a 5 percent reduction in the export duty for Indonesian refined, bleached, and deodorized palm oil (RBDPO) on the similar lines as the tariff imposed for Malaysian palm oil.
No palm oil or green palm oil? Retailers face labelling dilemma
KUALA LUMPUR (Sept 10)(Thomson Reuters Foundation): Retailers in Malaysia and Indonesia should ensure shoppers can easily find foods made with sustainable palm oil, instead of refusing to stock products that steer clear of the controversial oil, environmentalists said on Tuesday.
Higher exports help to trim palm oil inventory
KUALA LUMPUR: Palm oil production is expected to be higher in the second half of the year (2H19), which will lead to higher inventory levels going forward. However, plantation analysts do not foresee heavy pressure on crude palm oil (CPO) prices.
Malaysia's CPO exports to increase following higher production
KUALA LUMPUR (Sept 10): Malaysia’s crude palm oil (CPO) exports are expected to rise this year, following an expected boost in production, said Primary Industries Minister Teresa Kok.
Palm oil stocks down 5.3% last month
KUALA LUMPUR: Malaysia’s total palm oil stocks fell 5.31% to 2.25 million tonnes in August 2019 from 2.38 million tonnes recorded in the previous month, according to the Malaysian Palm Oil Board (MPOB).
Go for inter-cropping, not cutting down of oil palm trees, says Teresa Kok
KUALA LUMPUR: Palm oil prices are on an upward trend and there are no plans to chop down such trees.
Local retailers ready to support anti-palm oil product ban in fight against discrimination
LOCAL retailers pledged to remove anti-palm oil products from their grocery store shelves in a show of support for the federal government as Malaysia up its fight against “discriminatory actions†by developed nations.
