Palm Oil News

News

by BLOOMBERG Swiss voters look set to vote in favor of a trade deal with Indonesia, but could reject a ban on people covering their face in public, a poll for broadcaster SRG showed. … Continue Reading
PALM oil industry players were taken aback by the government’s decision to impose additional cess of RM2 per tonne of palm products for both crude palm oil and crude palm kernel oil based on the … Continue Reading
KUALA LUMPUR (Feb 22): Plantation associations say today they are surprised by the government’s decision to raise the cess levied on crude palm oil (CPO) and crude palm kernel oil (CPKO). A joint statement … Continue Reading
KUALA LUMPUR (Feb 18): The government has increased the cess it collects on palm products comprising crude palm oil (CPO) and palm kernel oil (PKO) produced in Malaysia to RM16 per tonne from RM14. … Continue Reading
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see muted trading next week at between RM3,450 and RM3,750 per tonne, said a dealer. Palm oil trader … Continue Reading
KUALA LUMPUR: Palm oil futures posted their biggest advance in more than eight months on expectations for a revival in exports amid tight supplies of the world’s most-consumed cooking oil. Prices surged 4.6% to … Continue Reading
KUALA LUMPUR (Feb 10): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today on the back of stronger exports, a trader said. According to cargo surveyor Intertek Testing Services’ … Continue Reading
KUALA LUMPUR, Feb 10 — Hygiene products produced using palm oil meant the industry was an unsung hero in the fight against Covid-19, said Datuk Mohd Khairuddin Aman Razali. The plantation industries and commodities … Continue Reading
PUTRAJAYA, Feb 6 (Bernama): Malaysia will discuss with Indonesia to formulate the best strategy to protect the oil palm industry of both countries in the near future, said Minister of Plantation Industries and Commodities … Continue Reading

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