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MARKET DEVELOPMENT
25-03-2021

EU demand for palm oil-based biofuel may evaporate before end-2030: Sumwin CEO

Palm oil-based biofuel demand from the European Union (EU) might disappear before the end-2030 implementation deadline imposed by Europeâ€™s Renewable Energy Directive II (RED II), according to Sumwin Groupâ€™s founder and CEO, U.R. Unnithan.

MARKET DEVELOPMENT
25-03-2021

CPO futures end lower, but losses capped by bullish comments from industry experts

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives retreated to end lower on Wednesday, erasing gains for the past two days, after tracking the weaker overnight soybean oil performance on the US Chicago Board of Trade (CBOT), dealers said.

MARKET DEVELOPMENT
25-03-2021

Palm oil prices expected to contract this year, say analysts

Palm oil analysts project crude palm oil (CPO) prices to contract this year, saying a recovery in supply combined with the performances of other vegetable oils will bear weight on the commodity.

MARKET DEVELOPMENT
25-03-2021

Malaysian crude palm oil futures seen near 3,300 ringgit at end-2021 - analyst James Fry

Malaysia's benchmark crude palm oil prices is forecast to fall to near 3,300 ringgit by end-2021 if crude oil is at $65 a barrel, leading industry analyst James Fry said on Wednesday.

MARKET DEVELOPMENT
25-03-2021

UPDATE 1-Indonesia's end-2021 palm oil stocks seen plunging to 2.7 mln T as demand rises

Palm oil inventories at the world's biggest grower Indonesia is expected to shrink by almost half to 2.67 million tonnes by the end of 2021 as a rise in demand is seen outpacing production, the Indonesian Palm Oil Association (GAPKI) said on Wednesday.

MARKET DEVELOPMENT
24-03-2021

Palm oil gains over 2pc

Malaysian palm oil futures advanced over 2% on Tuesday, extending gains for a second session, as the market tracked a rally in soyaoil fuelled by US President Joe Bidenâ€™s green energy push but signs of higher production capped the gains.

MARKET DEVELOPMENT
24-03-2021

Palm oil industry in dire need of automation, innovation

THE local palm oil industry is in dire need of automation and agricultural innovation to cope with declining productivity as plantation companies continue to struggle with massive labour shortages amid the Covid-19 pandemic.

MARKET DEVELOPMENT
24-03-2021

MIDF upgrades plantation sector, raises CPO target to RM3,000 on higher palm oil prices

MIDF Research has upgraded the plantation sector to "positive" from "neutral" after revising up its crude palm oil (CPO) price target to RM3,000 per ton from RM2,700 per ton.

MARKET DEVELOPMENT
24-03-2021

VEGOILS-Palm oil climbs 4%, tracks soyoil rally on Biden's green energy boost

Malaysian palm oil futures jumped 4% on Tuesday, extending gains for a second straight session, as the market tracked a rally in soyoil fuelled by U.S. President Joe Biden's green energy push.

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PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 08 Apr 2026

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