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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
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
29/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, reaching a two-year high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.
Government focus efforts on enhancing palm oil operations, yields
29/10/2024 (New Straits Times), Kuala Lumpur - The government is actively implementing efforts to enhance operational efficiency and yields to empower palm oil smallholders across the country.
Johor Plantations unveils 10-year roadmap to become leading integrated palm oil producer
29/10/2024 (The Edge Malaysia), Kuala Lumpur - Johor Plantations Group Bhd (KL:JPG) on Tuesday unveiled its 10-year roadmap aimed at transforming the company into a next-generation integrated palm oil producer to lead the palm oil industry.
Malaysia and Indonesia hiking export taxes
29/10/2024 (Oils & Fats International) - Higher export duties set to be introduced by leading palm oil producers Malaysia and Indonesia are expected to increase demand for the commodity, according to a report by The Star.
Palm gains on low inventory, expectations of weak output
29/10/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures rose on Tuesday, driven by expectations of reduced palm production and lower inventory levels in the country.
Malaysian palm oil trades sideways
29/10/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures traded sideways on Monday, as technical buying and a weaker ringgit limited its losses.
CPO Futures Slide As Lower Oil Prices Weigh On Market Sentiment
28/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, extending its losses from last Friday, as lower crude oil and soybean oil prices continue to weigh on sentiment, said a palm oil trader.
Sabah oil palm farmers get fairer price with MPOB intervention
29/10/2024 (New Straits Times) - PITAS: The issue of extremely low sale prices for fresh oil palm fruit bunches, affecting over 300 smallholders in this district, has been resolved.
Sabah committed to future-proofing palm oil industry
28/10/2024 (The Borneo Post), Kota Kinabalu - The Sabah government is committed to future-proofing the palm oil industry, which is the state’s most significant export commodity, contributing 22 per cent or RM6.22 billion to revenue from 2018 to 2023.
