KPK Approves 3,599-hectare Land For Oil Palm Replanting Under TSPKS 2.0 As Of October

KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Plantation and Commodities (KPK) has approved 3,599 hectares (ha) of land for oil palm replanting under the Oil Palm Smallholders Replanting Financing Incentive Programme (TSPKS 2.0) as of October 2024.

CPO Futures Close Higher On Stronger Export Pace, Expectation Of Weaker Output

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.

Budget 2025 Adjustments In Export Tax Seen Helping Palm Oil Refining Industry Be More Competitive

KUALA LUMPUR, Oct 21 (Bernama) -- The adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.

CPO Records Mixed Performance In First Eight Months But Price Rises 3.1 Pct To RM4,005 -- MPOB

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. 

CPO Futures Likely To Trade With Positive Bias Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week amid lower output growth and stronger export pace.

CPO Futures End Lower Amid Weaker Soybean Futures, Lower Crude Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the second consecutive day on Friday, in line with the Chicago Board of Trade soybean oil futures.

Export Duty Rates For CPO Revised To Ensure Domestic Supply - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- The export duty rates for crude palm oil (CPO) have been revised to ensure an adequate domestic supply of the commodity.

Malaysia's Economy To Grow 4.5 -5.5 Pct In 2025 - MOF

KUALA LUMPUR, Oct 18 (Bernama) -- Malaysia's economy is projected to grow between 4.5 per cent and 5.5 per cent in 2025, against 4.8 per cent and 5.3 per cent in 2024, said the Ministry of Finance (MoF).   

CPO Futures End Lower Amid Weaker Soybean Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Thursday due to weakness in Chicago Board of Trade soybean oil futures, palm oil trader David Ng said.

CPO Futures Rebound To Close Higher Tracking Bullish CBOT Soybean Oil

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, tracking gains in the Chicago Board of Trade’s soybean oil futures overnight.

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the Chicago Board of Trade’s soybean oil futures overnight and lower crude oil prices, said palm oil trader David Ng.