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MARKET DEVELOPMENT
29-05-2023

MPOB producing high water-use efficiency trees to protect future palm oil yield

28/05/2023 (The Sun Daily), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is conducting research and development (R&D) to produce a variety of oil palm trees that are tolerant to low rainfall, said its director general Ahmad Parveez Ghulam Kadir.

MARKET DEVELOPMENT
26-05-2023

Malaysia's palm oil production seen falling in 2024 due to El Niño – MPOB

KUALA LUMPUR: Malaysia's crude palm oil production could drop between 1 and 3 million tonnes next year due to the El Niño weather pattern, the Malaysian Palm Oil Board (MPOB) said on Thursday.

MARKET DEVELOPMENT
26-05-2023

Hot weather to improve palm oil demand, push price to RM3,800-RM4,000 per tonne this year

KUALA LUMPUR: The demand for Malaysian palm oil is expected to improve this year propped up by the hot weather, pushing up the price to between RM3,800 to RM4,000 per tonne, the Malaysian Palm Oil Board said.

LOCAL
26-05-2023

Palm TRF recognised as additional nutrient for food products: MPOB chairman

KUALA LUMPUR: The Malaysian Palm Oil Board (MOB) has today announced that Palm Tocotrienol-Rich Fraction (TRF), a vitamin E sourced from palm oil with a high tocotrienol content, has been classified as an additional nutrient allowed for food products.

MARKET DEVELOPMENT
26-05-2023

Malaysian palm ends near two-week high on weak ringgit, output cut forecast

Malaysian palm oil futures jumped as much as 3% on Thursday, ending near a two-week high, helped by a weak ringgit and forecasts of a El Nino weather pattern hitting production next year.

OILSEEDS
26-05-2023

'Abnormal' EU biodiesel imports hit rapeseed market -FEDIOL

PARIS, May 25 (Reuters) - An "abnormal" rise in imports of biodiesel classified as waste-based has hit rapeseed prices in Europe, vegetable oil industry group FEDIOL said, calling for an investigation into the authenticity of these biofuel imports.

WORLD
26-05-2023

Indonesia, Malaysia to visit Brussels over concern about EU deforestation law

JAKARTA, May 25 (Reuters) - The world's two biggest palm oil producers Indonesia and Malaysia will send top officials to the European Union next week to voice concern over a new deforestation law they believe could be detrimental to small farming businesses.

WORLD
26-05-2023

MPOB producing high water-use efficiency trees to protect future palm oil yield

KUALA LUMPUR (May 25): The Malaysian Palm Oil Board (MPOB) is conducting research and development (R&D) to produce a variety of oil palm trees that are tolerant to low rainfall, said its director general Ahmad Parveez Ghulam Kadir.

MARKET DEVELOPMENT
25-05-2023

Sabah to boost collections unit and crack down on palm oil firms dodging taxes

24/05/2023 (Malay Mail), Kota Kinabalu - Sabah will enhance its tax collection system to close loopholes and target evasion that were costing the state government millions in revenue, said Datuk Masidi Manjun.

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