CPO Futures Hit Two-year High On Weak Production, Lower Stocks

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to a two-year high, driven by expectations of weak production and lower stock levels in both Malaysia and Indonesia, a trader said.

CPO Futures Close Higher On Expectation Of Weaker Production

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday due to expectation of weaker production in the coming weeks, a trader said. 

Malaysia Exports Palm-Based Oleochemicals Worth RM2.82 Bln To China In 2023 - Johari

KUALA LUMPUR, Oct 22 (Bernama) -- The export of palm-based oleochemicals from Malaysia to China has increased 1.4 times to 604,208 tonnes in 2023, worth over RM2.82 billion from 434,333 tonnes in 2014, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

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.

Highlights From Budget 2025

KUALA LUMPUR, Oct 18 (Bernama) -- Below are the highlights from Budget 2025 tabled by Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim.

Almost RM1 Billion Allocated For Five Seasons In Two Years Paddy Cultivation Initiative

KUALA LUMPUR, Oct 18 (Bernama) -- Almost RM1 billion has been allocated to kickstart the five-season paddy planting project within two years, under Phase 1 of the Muda Agricultural Development Authority (MADA), covering nearly 11,000 hectares, said Prime Minister Datuk Seri Anwar Ibrahim.