Palm Oil News

News

KUALA LUMPUR (Oct 24): The new standard operating procedures (SOPs) that require oil palm planters to operate at half the capacity will result in an estimated revenue lost of RM900 million a month or … Continue Reading
by SHAHEERA AZNAM SHAH / pic by TMR FILE THE Plantation Industries and Commodities Ministry (MPIC) is looking for a viable response to the US import ban on palm oil produced by FGV Holdings … Continue Reading
KUALA LUMPUR, Oct 20 — The Ministry of Plantation Industries and Commodities (MPIC) is committed to improving the productivity and yield of the palm oil industry instead of expanding lands for the commodity. Its … Continue Reading
KUALA LUMPUR: Palm oil headed for a second week of gains on supply concerns and as a weaker Malaysian currency made it cheaper for overseas buyers. The ringgit was on track for a weekly … Continue Reading
(Oct 14): Indonesia, supplier of more than half the world’s palm oil, could see production climb to a record next year after torrential La Nina rains drench plantations and boost yields, a group of … Continue Reading
PETALING JAYA: Planters are expected to post stronger third-quarter results for the financial year 2020 (FY20), thanks to the rally in crude palm oil (CPO) prices and higher production, say analysts. According to CGS-CIMB … Continue Reading
KUALA LUMPUR (Oct 13): China today expressed its commitment to purchase 1.7 million tonnes of palm oil from Malaysia until 2023, said Datuk Seri Hishammuddin Tun Hussein. The Foreign Minister announced this in a joint … Continue Reading
KUALA LUMPUR (Oct 11): While the export of Malaysian palm oil to the United States is of an insignificant amount, the effect from the US’ move to ban FGV Holdings Bhd’s palm oil and … Continue Reading
KUALA LUMPUR/MUMBAI (Oct 8): Palm oil prices are likely to jump in the first half of 2021, three leading industry analysts said in a webinar on Thursday, as La Nina weather pattern is set … Continue Reading

Stay In Touch

Stay In Touch