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OILS & FATS
10-10-2024

KLK partners with Alami Commodities to market palm oil and speciality fats in Middle East

09/10/2024 (Oils & Fats International) - Malaysian oil palm company Kuala Lumpur Kepong (KLK) has formed a joint venture with vegetable oil product and consumer goods firm Alami Commodities to manufacture, market and sell palm oil and speciality fats in the Middle East.

OILS & FATS
10-10-2024

Strong production, appealing valuations support Sarawak Oil Palms

09/10/2024 (The Borneo Post), Kuching - Analysts RHB Investment Bank Bhd (RHB Research) remain upbeat on Sarawak Oil Palms Bhd’s (Sarawak Oil Palms) earnings prospects for its financial years 2024 (FY24) to FY26.

OILS & FATS
09-10-2024

'Temporary, insignificant' - Johari on effects of India's palm oil cancellation

08/10/2024 (New Straits Times), Kuala Lumpur - The cancellation of crude palm oil purchases from Malaysia by Indian refiners, following a 20 per cent hike in import taxes, is seen as temporary.

OILS & FATS
09-10-2024

Palm oil prices seen at about 4,000 ringgit a ton in 2025, says Glenauk Economics

08/10/2024 (Reuters), Kuala Lumpur - Palm oil is likely to trade around 4,000 ringgit ($933.49) per metric ton in 2025, an executive of consultancy Glenauk Economics told an industry conference on Tuesday.

OILS & FATS
09-10-2024

Malaysia urges EU lawmakers to ease deforestation rules, citing impact on small farmers

08/10/2024 (Malay Mail), Kuala Lumpur - Malaysia said today it hopes European lawmakers will be “more accommodative” on sustainable policies, following a proposal by the European Commission last week to delay the implementation of a law that would ban imports of products linked to deforestation.

OILS & FATS
09-10-2024

ENOC Group unveils world’s first solar-powered biodiesel truck

07/10/2024 (Mobility Plaza) - ENOC Group has unveiled its world-first ENOC Link solar-powered biodiesel truck at the Water, Energy, Technology and Environment Exhibition (WETEX) 2024.

OILS & FATS
09-10-2024

Competition in palm oil downstream segment to intensify

09/10/2024 (The Star), Petaling Jaya - The competition in the palm oil downstream segment may intensify in the second half of the year following the recent restructuring of tax policy in Indonesia, giving Indonesian downstream players an extra edge over their Malaysian counterparts.

OILS & FATS
08-10-2024

CPO futures close higher amid Middle East tensions, crude oil rally

07/10/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, bolstered by strength in the crude oil market amid escalating tensions in the Middle East, said palm oil trader David Ng.

OILS & FATS
08-10-2024

Malaysia to produce less palm oil – USDA attaché

08/10/2024 (Farmtario) - Palm oil production in Malaysia is projected to ease back in 2024/25 as compared to the previous year, said the United States Department of Agriculture (USDA) attaché in Kuala Lumpur.

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PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 22 Nov 2024

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