|
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
VEGOILS-Palm oil slips over 1% as weaker rivals, higher Oct supply outlook weigh
KUALA LUMPUR, Nov 9 (Reuters) - Malaysian palm oil futures fell on Tuesday, tracking weakness in rival oils, while expectations of a larger rise in October stockpile also weighed on sentiment.
United Plantations' Q3 net profit jumps 61.7pc to RM154.15mil, revenue at RM525.50mil
KUALA LUMPUR: United Plantations Bhd's net profit jumped 61.7 per cent year-on-year (YoY) to RM154.15 million in the third quarter (Q3) ended September 30, 2021, from RM95.33 million recorded previously.
EU still needs Indonesian palm oil: Moeldoko
akarta (ANTARA) - The European Union (EU) still needs Indonesian palm oil, as the country's palm oil exports to Europe had soared by 26 percent in 2020, according to Presidential Chief of Staff Moeldoko.
Removal of tax exemption for foreign source income will not discourage FDI, says Tengku Zafrul
KUALA LUMPUR (Nov 9): The removal of tax exemption for foreign sources of income in the recently announced Budget 2022 should not be seen as a negative move to discourage foreign direct investment (FDI), according to Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
Palm drops to near 4-week low on rising global supply outlook
KUALA LUMPUR: Malaysian palm oil futures fell for a second session on Monday, hitting a near four-week low, tracking losses in rival oils in anticipation of higher global edible oil supplies.
Malaysia end-Oct palm oil stocks seen higher as exports plunge
KUALA LUMPUR: Malaysia's palm oil inventories likely rebounded at the end of October, lifted by a plunge in exports amid shrinking output.
Planters set to pay RM12bil in taxes
PETALING JAYA: The plantation industry is expected to pay an estimated RM12bil in total taxes this year due to the record-high crude palm oil (CPO) prices.
MPOB offers R&D to develop palm oil-based food products
KUALA LUMPUR: Malaysian Palm Oil Board (MPOB) is offering its research and development (R&D) expertise to develop palm oil-based food products, leveraging the latest pilot plants and laboratory facilities in Bangi.
Sarawak palm oil industry – A catalyst for rural development
In the first of a two-part write-up on Sarawak’s palm oil in industry, Sarawak Oil Palm Plantation Owners Association (Soppoa) looks at the impact of the industry on rural growth and development