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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Indonesia to hike crude palm oil export levy to 10pct
19/12/2024 (Reuters), Jakarta - Indonesia will increase its export levy for crude palm oil (CPO) to 10 per cent from the current 7.5 per cent to finance higher biodiesel subsidies, its chief economic minister said on Thursday.
Malaysian palm oil falls for fifth session amid Indonesia, US biofuel policy uncertainty
20/12/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures slipped on Thursday for a fifth straight session, weighed down by uncertainty over Indonesian and US biofuel policies.
Malaysia to leverage space technology to advance oil palm
20/12/2024 (Bernama), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) has signed a memorandum of understanding (MoU) with the Malaysian Space Agency (MYSA) to expand research and development (R&D) in the oil palm industry by leveraging space technology.
Olive oil production target set at 4,600 tons
20/12/2024 (The Express Tribune), Lahore - Pakistan Horticulture Development and Export Company (PHDEC) conducted a webinar on "Good Agricultural Practices of Olive for High Yield and Good Quality".
CPO futures close lower amid concerns over B40 biodiesel implementation
18/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Wednesday, said palm oil trader David Ng.
Palm follows rival edible oils lower
18/12/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures dropped on Wednesday for a fourth consecutive session, weighed down by losses in rival edible oils.
China's Palm Oil Players Invited To Explore Opportunities In Malaysia
18/12/2024 (Bernama), Kuala Lumpur - Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.
Malaysia hopes palm oil industry can be compliant with EU law when grace period ends
18/12/2024 (The Star), Kuala Lumpur - Malaysia hopes its palm oil industry will be fully compliant with the European Union's anti-deforestation policy before a newly agreed deadline, its commodities minister said on Wednesday.
Palm oil and soybean oil sectors look to India as major 2025 target market
18/12/2024 (Food Navigator Asia) - India is set to become one of the world's largest food commodity consumption markets in 2025, particularly for edible oils such as palm oil and soybean oil.
