Palm Oil News

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KUALA LUMPUR (Jan 17): Malaysia has raised its export tax for crude palm oil to 6% for February, the Malaysian Palm Oil Board said on Friday, citing the national customs department. The world's second-largest producer ... continue reading
India had issued a notification on Jan 8 placing imports of “refined bleached deodorised palm oil” under its “restricted” list. Thanks to media here and elsewhere, alarmists are on the rise. NSTPJanuary 15, 2020 ... continue reading
Kok says India just wants Malaysia to export more crude palm oil and reduce the export of refined palm oil. Photo by Shahrin Yahya KUALA LUMPUR: Primary Industries Minister Teresa Kok yesterday dismissed reports that India ... continue reading
“Our top picks in Malaysia are Genting Plantations, Hap Seng Plantations and KL Kepong and regional picks are Wilmar and First Resources, ” it said. KUALA LUMPUR: CGS-CIMB Equities Research expects crude palm oil (CPO) ... continue reading
The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange closed at 72 ringgit, or up 2.4%, at 3,113 ringgit ($761.50), on speculation India might import more crudepalm oil to ... continue reading
KUALA LUMPUR (Jan 6): Malaysian palm oil stockpiles likely dropped to their lowest level in 27 months in December, with production and export demand for the tropical oil also falling, a Reuters survey showed. Inventories in the ... continue reading
File picture shows Prime Minister Tun Dr Mahathir Mohamad officiating the MPOB International Palm Oil Congress and Exhibition 2019 in Kuala Lumpur November 19, 2019. — Picture by Ahmad Zamzahuri KUALA LUMPUR, Jan 5 – ... continue reading
Indian High Commisioner to Malaysia, Shri Mridul Kumar speaks during a press conference in Petaling Jaya December 11, 2019.— Picture by Ahmad Zamzahuri KUALA LUMPUR, Dec 11 — The Indian High Commisioner to Malaysia, Shri ... continue reading
INDUSTRY players could see an increase in trading prices for Malaysian Sustainable Palm Oil (MSPO)-certified palm oil as the government sets a mandatory standard beginning 2020. The Malaysian Palm Oil Board (MPOB) DG Dr Ahmad ... continue reading

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