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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Malaysia must make known its palm oil sustainability initiatives - experts
01/07/2022 (The Edge Markets), Kuala Lumpur - Malaysia must make known its palm oil sustainability initiatives - experts
Palm oil audit hopes to clean up ‘very dirty’ Indonesian industry
30/06/2022 (Eco Business) - Activists have welcomed the Indonesian government’s announcement to carry out a nationwide audit of all palm oil companies operating here, in response to a shortage of cooking oil that has wracked the world’s top producer of palm oil.
UMB to prioritise improving FFB yields
30/06/2022 (The Star Online), Petaling Jaya - United Malacca Bhd (UMB) is aiming for higher fresh fruit bunch (FFB) for the financial year 2023 (FY23), supported by better yields, palm tree age profile and an increase in mature area in its oil palm estates in Kalimantan, Indonesia.
Palm oil set for steepest monthly decline since 2008 financial crisis
30/06/2022 (Business Recorder) - Malaysian palm oil futures firmed on Thursday ahead of June export data, but worries over declining shipments and rising production set the contract for its biggest monthly slump since the 2008 financial crisis.
S’wak oil palm plantation owners seek help from ministry to resolve labour shortage
30/06/2022 (The Borneo Post), Bintulu - This was disclosed by Sarawak Oil Palm Plantation Owners Association (Soppoa) chief executive officer Dr Felix Moh Mee Ho in a statement today.
MPOB urges palm oil mills not to reject FFBs for processing
29/03/2022 (The Borneo Post) - The Malaysian Palm Oil Board (MPOB) has urged palm oil mill operators nationwide not to reject fresh fruit bunches (FFB) supplied to them. MPOB said in a statement yesterday that there had been media reports that some palm oil mills rejected the supply of FFB for processing due to the decline in crude palm oil (CPO) prices in the global market.
M'sian palm oil millers halt production as CPO prices plummet
28/06/2022 (Malaysia Kini) - Some palm oil millers in Malaysia, the world’s second-largest producer, have temporarily halted production following a dramatic plunge in prices of this edible oil, a senior official from a miller's association said on Monday.
Malaysia seeks win-win solution with EU on palm oil
28/06/2022 (The Star Online) - Malaysia is determined to foster a cordial engagement with the European Union (EU) in search of a win-win solution that can benefit the palm oil industry at large, although the trade bloc has remained in staunch opposition to palm oil trade since 2003.
United Malacca to see improved earnings for FY23 from higher CPO prices, says CGS-CIMB Research
29/06/2022 (New Straits Times), Kuala Lumpur - CGS-CIMB Research forecasts an improved earnings prediction for United Malacca Bhd (UMB) for the financial year 2023 (FY23) due to increasing crude palm oil (CPO) prices and Indonesian fresh fruit bunch (FFB) yields.