Palm Oil News

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(Jan 14): Top palm oil producers said on Thursday that the industry is making strides towards transparency and sustainability across its supply chain despite campaigns against use of the oil. Campaigners say that the … Continue Reading
KUALA LUMPUR (Jan 11): Advances in research that generate new technologies and innovations are an important strategy for the sustainable development of the country’s palm oil industry, said Minister of Plantation Industries and Commodities … Continue Reading
KUALA LUMPUR: Malaysia’s crude palm oil (CPO) stocks slumped 19.2% to 583,761 tonnes in December 2020 from the 722,451 tonnes in November, the Malaysian Palm Oil Board (MPOB) said. Processed palm oil stocks shrank … Continue Reading
KUALA LUMPUR (Jan 7): Crude palm oil’s price discount to soybean oil is expected to narrow this year and continue on an annual basis, said Oil World editor and CEO Thomas Mielke. “A premium [in CPO’s … Continue Reading
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to rally for a third consecutive day today, with the benchmark March 2021 closing at a fresh high of RM3,877 … Continue Reading
KUALA LUMPUR (Jan 5): Total Malaysian palm oil production is expected to increase slightly by 200,000 tonnes to 19.6 million tonnes in 2021, versus 19.4 million tonnes a year ago, according to the Malaysian … Continue Reading
KUALA LUMPUR, Jan 5 — The total export value of Malaysian palm oil and palm products for 2020 is expected to surpass RM70 billion, compared with RM67.5 billion recorded in 2019. This is an … Continue Reading
KUALA LUMPUR, Jan 5 — The Malaysian government and palm oil industry players will continue to work hand-in-hand to guarantee that palm oil is sustainably produced and recognised as such around the globe, said the … Continue Reading
KUALA LUMPUR (Dec 23): Malaysia’s move to resume the crude palm oil export tax at the highest rate of 8% in January 2021 is slightly negative for crude palm oil (CPO) prices as it … Continue Reading

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