Palm Oil News

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KUALA LUMPUR (June 11): Chinese palm oil imports are expected to normalise and to decline to 5.95 million tonnes this year, after rising to 7.55 million tonnes in 2019 when domestic oil production was … Continue Reading
KUALA LUMPUR: Palm oil stock levels are expected to rise as demand from the food and energy sectors continues to be affected by the Covid-19 pandemic and volatile crude oil prices. Affin Hwang Investment … Continue Reading
KUALA LUMPUR (June 11): The Malaysian Palm Oil Council (MPOC) is forecasting total palm oil production to increase to between 19.5 million to 19.6 million tonnes in the third quarter, compared with 16.44 million … Continue Reading
AS palm oil production moves into the seasonally higher months during the second half of the year, the improved diplomatic relations between India and Malaysia has been timely. In April alone, the palm oil … Continue Reading
KUALA LUMPUR: Malaysia’s total palm oil stocks eased 0.49 per cent month-on-month (m-o-m) to 2.03 million tonnes in May 2020 from 2.04 million tonnes recorded in April. The Malaysian Palm Oil Board (MPOB) said … Continue Reading
KUALA LUMPUR (June 10): Malaysia’s total palm oil stocks eased 0.49% month-on-month (m-o-m) to 2.03 million tonnes in May 2020 from 2.04 million tonnes recorded in April, the Malaysian Palm Oil Board (MPOB) said today. In a statement, the industrial … Continue Reading
KUALA LUMPUR (June 9): Following the government’s decision to exempt the export duty on both refined and crude palm oil (CPO) and palm kernel oil, investors have showed keen interest in plantation stocks. As … Continue Reading
NEW DELHI (June 2): India’s edible oil imports are likely to recover in June after a sharp drop during a nationwide lockdown to contain Covid-19 in April and May, according to industry experts. India … Continue Reading
MUMBAI (Reuters) – India’s vegetable oil imports are likely to surge from June onwards as New Delhi eases coronavirus curbs, the head of a trading body said on Monday. The south Asian country is … Continue Reading

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