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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Record palm oil prices propel Kulim’s 2021 results to new heights
31/07/2022 (The Sun Daily), Petaling Jaya - Kulim (Malaysia) Bhd reported its best-ever financial results in 2021 on record palm oil prices and improved operational efficiencies from its ongoing transformation programme to become a leading agribusiness company.
Palm oil price rally helps Kulim post best ever results in FY21
31/07/2022 (The Edge Markets), Kuala Lumpur - Kulim (M) Bhd, which is understood to be mulling an initial public offering (IPO), delivered its best ever set of financial results with a profit before tax and zakat of RM433.81 million for the financial year ended Dec 31, 2021 (FY21), thanks to record palm oil prices.
M'sia ready to help Indonesia address high palm oil inventories, says Zuraida
29/07/2022 (The Star Online), Kuala Lumpur - Malaysia is ready to assist Indonesia in dealing with its high palm oil inventories, says Datuk Zuraida Kamaruddin.
CPO futures to extend winning streak next week
30/07/2022 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is projected to extend its uptrend next week after a three-day winning streak on optimism over the outlook for oil and vegetable oils.
CPO futures rises to 3-week high
29/07/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rose to a three-week high on Friday as rising prices of oil and competing vegetable oils boosted demand.
Malaysia to aid Indonesia clear palm oil inventories
29/07/2022 (Free Malaysia Today) - Malaysia is ready to assist Indonesia in dealing with its high palm oil inventories, said plantation industries and commodities minister Zuraida Kamaruddin.
Govt in talks with industry to lower price of cooking oil
31/07/2022 (The Star Online), Alor Gajah - Negotiations are being held with palm oil industry players to devise the best formula to quickly reduce supply prices.
MPIC seeks more funding to enhance environmental preservation efforts
31/07/2022 (New Straits Times), Kuala Lumpur - The government needs to allocate more funding under Budget 2023 for a more concerted effort towards environmental preservation.
India’s palm oil imports from Malaysia to remain stable in 2H22 — IVPA
KUALA LUMPUR (July 28): The Indian Vegetable Oil Producers’ Association (IVPA) estimated India’s palm oil imports from Malaysia to remain stable in the second half of the year (2H22), making up about 55% of the country’s total palm oil imports despite Indonesia’s move to accelerate palm oil exports.
