Berita Terkini

MARKET DEVELOPMENT
09-03-2023

Palm oil to trade between RM4,000-RM5,000 a tonne until August- analyst Mistry

08/03/2023 (The Star Online), Kuala Lumpur - Malaysian palm oil is expected to trade between RM4,000 and RM5,000 per tonne from now until August as Indonesia's ambitious biodiesel mandate will keep stocks tight in the first half of 2023, industry analyst Dorab Mistry said on Wednesday.

MARKET DEVELOPMENT
09-03-2023

Palm oil may test support of 4,225 ringgit

07/03/2023 (Business Recorder), Singapore - Palm oil may test a support of 4,225 ringgit per tonne, a break below which could trigger a drop into 4,153-4,197 ringgit range. The drop on Monday does not look like the second pullback towards the Jan. 3 high of 4,276 ringgit.

MARKET DEVELOPMENT
09-03-2023

BMD on defensive mode

08/03/2023 (The Star Online), Kuala Lumpur - Malaysia’s regulatory officials and its global partners in the East and West sought to highlight and reinforce Bursa Malaysia Derivatives’ (BMD) price-setting and discovery role for crude palm oil (CPO) prices.

MARKET DEVELOPMENT
08-03-2023

Palm oil firms must replace old trees or perish, says watchdog

07/03/2023 (Free Malaysia Today), Kuala Lumpur - Malaysia’s palm oil companies must replant their vast hectarage of old, unproductive palm oil trees to overcome stagnant yields and maintain the country’s competitiveness as the world’s second-largest producer, an industry executive said.

MARKET DEVELOPMENT
08-03-2023

El Nino may hit palm oil output, warns FGV Holdings

07/03/2023 (Free Malaysia Today), Kuala Lumpur - Malaysia’s palm oil output in 2023 could be lower than expected if the El Nino weather pattern develops in the second half of the year as forecast by some weather agencies, the country’s biggest palm oil producer FGV Holdings Bhd told Reuters.

MARKET DEVELOPMENT
08-03-2023

Malaysia palm oil production, exports expected to rise this year

07/03/2023 (Nikkei Asia) - Crude palm oil production in Malaysia and exports of the commodity are both expected to increase this year, the chairman of the country's stock exchange said on Tuesday, citing an expansion of areas under cultivation and overseas demand.

MARKET DEVELOPMENT
08-03-2023

Heavy rainfall, floods to affect Malaysia’s 2023 CPO production, says researcher

06/03/2023 (The Edge Market), Kuala Lumpur - Palm oil production in 2023 is expected to be impacted by the current heavy rainfall and flooding phenomenon in parts of Malaysia, said a researcher at the UOB KayHian Palm Oil Outlook Seminar on Monday (March 6).

MARKET DEVELOPMENT
08-03-2023

India’s palm oil imports may hit 4-year high on lower prices

07/03/2023 (Free Malaysia Today), Kuala Lumpur - India’s palm oil imports could jump 16% in 2022/23 to a four-year high of 9.17 million tonnes, as consumption is set to jump after two years of contraction due to Covid-led lockdowns, a senior industry official told Reuters on Tuesday.

MARKET DEVELOPMENT
08-03-2023

All-out war against anti-palm oil campaign

07/03/2023 (Free Malaysia Today), Petaling Jaya - The government is working with plantation industry players to counter the negative campaign against palm oil, deputy prime minister Fadillah Yusof said today.

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PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 30 Nov 2024

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