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Trader: CPO price may retest RM4,400 high

KUALA LUMPUR: Crude palm oil (CPO) is expected to average at between RM3,400 and RM3,600 per tonne this year with a possibility to test the high of RM4,400 recorded in early May, according to an industry trader. Iceberg X Sdn Bhd proprietary trader David Ng said as the industry entered peak season, ...

MPOB invents technology to treat palm oil mill effluent

KUALA LUMPUR (July 30): The Malaysian Palm Oil Board (MPOB) has invented technology to treat palm oil mill effluent (POME) called Palm Kernel Shell Activated Carbon for Wastewater Treatment. Director-general Dr Ahmad Parveez Ghulam Kadir said in a statement that the technology which uses oil palm ke...

Sustainable technology to treat effluent

THE palm oil mill is a vital component of the midstream processing sector in the palm oil production value chain. There are 453 palm oil mills in operation throughout the country as of last month, ensuring a reliable and quality supply of palm oil to the global market. The milling sector is governed...

Malaysia should step up sustainability efforts to attract foreign investments, says Swedish envoy

KUALA LUMPUR, July 19 — As the world deals with the global climate crisis, it is crucial for Malaysia to enhance its sustainability initiatives to ensure a better future for the younger generation, said Swedish Ambassador to Malaysia, Dag Juhlin-Dannfelt. At the same time, the country can also lever...

India imports 275,915 tonnes of palm oil from Malaysia in June

NEW DELHI (July 13): India imported 275,915 tonnes of palm oil from Malaysia in June, according to the latest data from an industry group. The country’s total edible oil imports last month were 969,431 tonnes, with palm oil’s share being 61%, the Mumbai-based Solvent Extractors’ As...

Palm oil snaps three-day rally as crude oil declines

KUALA LUMPUR: Malaysian palm oil reversed early gains to end lower on Monday, snapping a three-day rally, as crude oil prices fell but better than expected July 1-10 exports capped losses. The benchmark palm oil contract for September delivery on the Bursa Mal...

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