Berita Terkini

MARKET DEVELOPMENT
24-05-2023

Sarawak to use palm oil by-products to produce fertiliser, animal feed, says state minister

23/05/2023 (Malay Mail), Kuching - Sarawak is turning towards utilising oil palm by-products as raw material to produce fertiliser, animal feed and source of energy.

OILS & FATS
24-05-2023

Fitch group research house sees further downside ahead for palm oil prices in Malaysia

22/05/2023 (News Straits Times), Kuala Lumpur - BMI Industry Research, a Fitch Solutions unit, today projected further downside ahead for palm oil prices in the country before a slight recovery in the second half, reported Xinhua.

MARKET DEVELOPMENT
24-05-2023

Palm oil import in May to hit 27-mnth low, traders switch to soy, sunflower

23/05/2023 (Business Standard) - India's palm oil imports in May are set to fall to their lowest in 27 months as its rare premium other edible oils prompted buyers to cancel cargoes and replace them with soyoil and sunflower oil, dealers and cargo surveyors said on Tuesday.

MARKET DEVELOPMENT
24-05-2023

Palm ends at over three-week low on slow demand, higher output expectations

23/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures fell on Tuesday for a second session, hitting their lowest closing in over three weeks, as slower demand and expectations of higher production weighed on the market.

MARKET DEVELOPMENT
24-05-2023

Palm oil may retest resistance at 3,498 ringgit

23/05/2023 (Business Recorder), Singapore - Palm oil may retest a resistance at 3,498 ringgit per tonne, a break above which could lead to a gain to 3,563 ringgit.

OILS & FATS
24-05-2023

4,400kg of subsidised cooking oil seized in Sandakan

23/05/2023 (New Straits Times), Sandakan - The Domestic Trade and Cost of Living Ministry busted a subsidised cooking oil syndicate following the seizure of 4,400 kilogrammes of the oil in a raid at Batu 9, near here, yesterday.

MARKET DEVELOPMENT
24-05-2023

Marine cops foil cooking oil, fuel smuggling bid in Semporna

23/05/2023 (The Star Online), Kota Kinabalu - The marine police foiled an attempt to smuggle out over 1,000kg of subsidised cooking oil and petrol by three men to the Philippines in Sabah’s east coast Semporna district.

MARKET DEVELOPMENT
23-05-2023

Palm oil ends lower

23/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures fell on Monday, down for a fifth session in six, as subdued demand, rising production, and losses in rival edible oils weighed on the market.

MARKET DEVELOPMENT
23-05-2023

Fitch group research house sees further downside ahead for palm oil prices in Malaysia

22/05/2023 (New Straits Times), Kuala Lumpur - BMI Industry Research, a Fitch Solutions unit, today projected further downside ahead for palm oil prices in the country before a slight recovery in the second half, reported Xinhua.

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PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 09 Jun 2023

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