Palm Oil News

News

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
KUALA LUMPUR: Malaysian palm oil futures rose to their highest level in nearly two months on Monday, supported by a rise in May exports and optimism over a recovery in demand. The benchmark palm oil contract for August … ... continue reading
KUALA LUMPUR (May 29): Malaysia’s crude palm oil (CPO) futures benchmark price may trade higher in June and July at RM2,400 per tonne if the world’s second largest edible oil producer maintains its higher … ... continue reading
KUALA LUMPUR: When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy fruit bunches used to make the world’s … ... continue reading
KUALA LUMPUR (May 18): The FBM KLCI finished up 6.72 points or 0.48% at 1,410.16 today as trade volume across Bursa Malaysia rose to another record high in less than a week at 11.21 … ... continue reading
KUALA LUMPUR: Malaysian palm oil futures rallied 2 per cent on Monday, tracking gains in crude and soybean oil, while signs of growing demand as more countries ease coronavirus restrictions helped boost sentiment. The … ... continue reading
The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed up 61 ringgit, or 2.92%, at 2,150 ringgit ($492.44) per tonne, the highest since April 21. Indonesia, the world’s … ... continue reading

Stay In Touch

Stay In Touch