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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
Palm falls on weak rival oils, crude oil prices, April demand concerns
CPO futures end lower on profit taking
KUALA LUMPUR (March 2): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday on profit taking after a jump of over 3% on Tuesday, dealers said.
MPOB: Firmer crude oil, Russian invasion of Ukraine push CPO price to new record
KUALA LUMPUR (March 2): The surge in crude palm oil (CPO) price is closely connected to the price hike in Brent crude as a result of the Russian invasion of Ukraine and the production limit set by the Organisation of the Petroleum Exporting Countries (Opec), according to the Malaysian Palm Oil Board (MPOB).
New system developed to curb oil palm fruit theft, says Deputy Plantations Minister
PONTIAN: A new system has been developed by the Malaysian Palm Oil Board (MPOB) to curb oil palm fresh fruit bunch (FFB) theft and unscrupulous activities involved in the buying and selling of the commodity.
KLK shares hit all-time high amid surging CPO prices
KUALA LUMPUR (March 2): Kuala Lumpur Kepong Bhd's (KLK) share price rose to its all-time high on Wednesday (March 2) as investors expect the company to deliver a strong set of earnings on the back of soaring crude palm oil (CPO) prices.
Enough cooking oil supplies to blunt record prices’
KUALA LUMPUR: Malaysia has adequate supplies of government-subsidised cooking oil to meet local demand and help blunt the impact of food inflation on lower income groups, according to Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
Russia-Ukraine war effect: Wheat, sunflower oil prices set to rise in India
New Delhi: Continuing hostilities between Russia and Ukraine are set to impact the domestic selling prices of wheat and sunflower oil.
Palm oil tops RM8,000 for first time amid sunflower oil supply disruption
KUALA LUMPUR (March 1): Crude palm oil (CPO) prices topped RM8,000 a tonne for the first time on Tuesday (March 1), as consumers rushed to source the oil amid the shortfall in sunflower oil caused by the Russia-Ukraine crisis.
Malaysian palm oil orders surge as buyers cover for shortfall in Ukraine sunflower oil
Anxious Indian buyers, with no clarity on sunflower oil shipments out of Ukraine, are turning to crude palm oil from Malaysia to fulfill demand ahead of month-long Ramadan which starts in early April, industry sources told S&P Global Platts.
Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply
MUMBAI, March 1 (Reuters) - Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia's invasion of Ukraine.
