Palm Oil News

News

Sandakan: A total of 440 new technologies including services have so far been introduced by the Malaysian Palm Oil Board (MPOB) this year, said its Chairman Datuk Sabri Ahmad. He said of the number, ... continue reading
PETALING JAYA: United Plantations Bhd posted 18.1% lower net profit to RM65.01mil in the second quarter ended June 30 on lower crude palm oil (CPO) and palm kernel (PK) production, and low margins of ... continue reading
Depleting stocks and lower output is expected to shore up crude palm oil prices. The golden crop is forecast to fetch about RM3,000 per tonne in the next six months against its current price ... continue reading
CRUDE palm oil futures dropped 3.8 per cent to a near 2-week low after sharp falls in China's stock markets and on fears exports may fall below expectations, traders said yesterday. Taking a cue from ... continue reading
OBSERVATIONS: The Kuala Lumpur CPO futures market is likely to beat a retreat in early trade this week - for two reasons. The first is that, having risen to a 15-week high of RM2,521 ... continue reading
Exports of Malaysian palm oil products for November rose 1.8 per cent to 1,460,348 tonnes from 1,434,850 tonnes shipped in October, cargo surveyor Societe Generale de Surveillance said today.Another cargo cargo surveyor Intertek Testing ... continue reading
FIRST it was the health issue, then the environment and now palm oil has to endure further sustainability criteria for imports to Europe."The definition of sustainability is being expanded. We are going to lose ... continue reading
PALM oil advanced for a fourth week yesterday to the highest level in more than three months on signs the global demand for edible oils continues to strengthen.February-delivery palm oil, the most active contract, ... continue reading
Malaysia’s palm oil exports fell 11 per cent in the first 25 days of December, independent market surveyor Intertek estimated today. A total of 1,002,828 metric tons of the commodity were tracked in the ... continue reading

Stay In Touch

Stay In Touch