|
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
88.1% of oil palm plantations MSPO-certified as at Nov 19 — ministry
A total of 88.1% or 5.1 million hectares out of 5.9 million hectares under oil palm cultivation in the country have obtained the Malaysian Sustainable Palm Oil (MSPO) certification as at Nov 19, according to the Ministry of Plantation Industries and Commodities (MPIC).
Indonesia urges EU to accord fair treatment to palm oil
Arguing against the phasing out of palm oil, Foreign Minister Retno Marsudi urged the European Union (EU) to give fair treatment to the commodity during the 23rd ASEAN-EU Ministerial Meeting, held online on Tuesday.
PORAM opposes MPOB's plan to impose additional RM5 cess
The Palm Oil Refiners Association of Malaysia (PORAM) disagrees with the Malaysian Palm Oil Board's (MPOB) plan to impose an additional RM5 cess per tonne during these trying times.
Opposition criticises govt’s new slogan to promote palm oil, calling it ‘dangerous’
Opposition MP Hanipa Maidin claims that changing the Malaysian palm oil campaign’s slogan to “Palm oil is God’s gift†may have a detrimental impact on the country
MEOA calls for unfair taxes on palm oil to be suspended or abolished
The Malaysian Estate Owners' Association (MEOA) is calling for taxes it deems to be unfair levied on the oil palm industry to be suspended or abolished.
Palm oil prices to keep rising in first half of 2021 on tight supply — CPOPC
Palm oil prices will continue to rise in the first half of 2021 as global supply squeezed by a La Nina weather pattern is set to remain tight, the Council of Palm Oil Producing Countries (CPOPC) said on Tuesday.
China-Europe freight costs threaten UCO trade into 2021
Heavy container congestion at Chinese and European ports has closed the used cooking oil (UCO) flexitank arbitrage on this trade route, with no reprieve on the horizon until next year's first quarter.
Indonesian export duty on crude palm oil in Dec raised to $33/mt from $3/mt
The Indonesian government has announced the export duty on Crude Palm Oil in December will be raised to $33/mt from $3/mt Nov. 30, after the December reference price of CPO exports was calculated at $870.77/mt, up from $782.03/mt in November.
SOPPOA celebrates 12th-year milestone
Since the formation of Sarawak Oil Palm Plantation Owners Association (SOPPOA), 12 years ago on December 11, 2008, the association has grown and transformed into a premier plantation organisation in Sarawak as well as in Malaysia.
