Palm Oil News

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Malaysia and Indonesia collectively produce 85 per cent of the world’s palm oil supply. PIC BY ADZLAN SIDEKOctober 23, 2019 @ 12:00pm BANGI: Malaysia and Indonesia need to up their game in debating and setting ... continue reading
Malaysia, the world’s second largest producer and exporter of palm oil, warned on Tuesday against new European Union (EU) rules that could hurt demand for a commodity used in foods from snacks to chocolate ... continue reading
Malaysian Palm Oil Certification Council (MPOCC) chief executive officer Chew Jit Seng said the MSPO certification, ultimately drives higher productivity throughout the value chain as assures consumers that the vegetable oil is sustainably-produced, balancing ... continue reading
A worker collects palm oil fruits at a plantation in Bahau, Negeri Sembilan. — Reuters photo KUALA LUMPUR: A palm oil industry watchdog will adopt rules next month that will impose fines on consumer goods ... continue reading
The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed 1.8% higher at 2,253 ringgit ($537.26) a tonne. The vegetable oil contract took a hit this week after Indian ... continue reading
Plantation sectorMaintain neutral: Malaysia’s crude palm oil (CPO) production in September rose for the third straight month, up by 1.1% month-on-month (m-o-m) to 1.84 million tonnes, due to higher production in Sabah (+9.6%) and Sarawak ... continue reading
SINGAPORE: Malaysian palm oil futures rose for a fifth consecutive session on Thursday, buoyed by last-minute buying ahead of September data from the Palm Oil Board. Gains in palm and rival soyoil on China's Dalian ... continue reading
KUALA LUMPUR: Malaysia’s total palm oil stocks rose 9.27 per cent to 2.448 million tonnes in September 2019 from 2.241 million tonnes recorded in the previous month. In a statement today, the Malaysian Palm Oil Board ... continue reading
The benchmark palm oil contract for the December delivery on the Bursa Malaysia Derivatives Exchange was last up 0.7% at 2,175 ringgit ($518.85) per tonne at the close of trade at 1000 GMT, its ... continue reading

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