1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, reaching a two-year high, said Fastmarket Palm Oil Analytics senior analyst Sathia Varqa.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 20 (Bernama) – Malaysia’s palm oil industry chalked up a mixed performance in the first eight months of the year, marked by higher prices and output plus a notable yield improvement.
1y ago
KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) certification scheme has been introduced as an effort to enhance the sustainability of the palm oil industry in Malaysia, but its implementation has also presented various impacts and challenges, especially for smallholders.
1y ago
KUCHING, Oct 14 (Bernama) -- Sarawak would like to promote two palm fruit harvesting machines produced by Sarawak Plantation Bhd (SPB) globally.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downtrend today to close mostly lower for the third consecutive day amid signs of higher stock levels in the country following the Malaysian Palm Oil Board’s (MPOB) September 2024 data release, a trader said.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Palm Oil Board (MPOB) reported that palm oil exports in September 2024 saw a marginal increase of 0.93 per cent to 1.54 million tonnes from 1.53 million tonnes in August 2024.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline on Wednesday due to profit-taking ahead of the Malaysian Palm Oil Board’s (MPOB) September 2024 data due tomorrow, said a trader.
1y ago
KUCHING, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB), in collaboration with the Ministry of Food Industry, Commodity, and Regional Development Sarawak (M-FICORD), will hold the Sarawak Oil Palm Technology Transfer Programme (TOT Sarawak 2024) here on Oct 14.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) hopes the government will assist planters in accelerating replanting activities to rejuvenate unproductive and ageing oil palm trees in Budget 2025, thus enhancing the sector’s productivity.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias amid rising crude oil and soybean oil prices, a dealer said.
1y ago
PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.