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MPOC expects CPO prices to stay above RM4,000 in October amid market fluctuations

MPOC expects CPO prices to stay above RM4,000 in October amid market fluctuations

MPOC attributed the elevated prices to market uncertainties and a significant year-over-year decline in Malaysia's palm oil inventories.
Wed Oct 16 2024
Malaysia’s palm oil exports climb 0.93 pct to 1.54 mln tonnes in September - MPOB

Malaysia’s palm oil exports climb 0.93 pct to 1.54 mln tonnes in September - MPOB

Malaysia's crude palm oil production fell by 3.8 pct, down to 1.82 million tonnes in September 2024 from 1.89 million in August.
Thu Oct 10 2024
Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB

MPOB said the country's crude palm oil (CPO) stocks rose 1.59 per cent to 979,352 tonnes in May from 964,049 tonnes recorded in April.
Mon Jun 10 2024
India imported 285,829 tonnes of palm oil from Malaysia in April

India imported 285,829 tonnes of palm oil from Malaysia in April

The imports from Malaysia comprised 50,181 tonnes of refined, bleached, and deodorised palmolein and 227,649 tonnes of crude palm oil.
Wed May 15 2024
[COLUMNIST] Are we ready to elevate the quality standard of crude palm oil?

[COLUMNIST] Are we ready to elevate the quality standard of crude palm oil?

The national palm oil extraction rate could potentially be impacted if the recycling of secondary oil to CPO is prohibited.
Mon Apr 01 2024
[COLUMNIST] Vegetable oil collaboration for planetary health

[COLUMNIST] Vegetable oil collaboration for planetary health

The focus should be on producing an abundant supply of sustainable vegetable oil to meet the needs of the growing world population.
Tue Jan 23 2024
Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December

MPOB said crude palm oil (CPO) inventory decreased by 9.43 per cent to 1.20 million tonnes last month from 1.32 million tonnes in November.
Wed Jan 10 2024
DPM Fadillah confident meeting on EUDR will be fruitful

DPM Fadillah confident meeting on EUDR will be fruitful

The mission to meet the EU is a joint mission with Indonesia, which is the biggest producer of palm oil.
Tue May 30 2023
DPM Fadillah arrives in Brussels for official visit

DPM Fadillah arrives in Brussels for official visit

The mission to the EU is a joint mission with the Government of Indonesia under the Council of Palm Producing Countries.
Mon May 29 2023
Malaysia, Indonesia to discuss CPO benchmark pricing - Fadillah

Malaysia, Indonesia to discuss CPO benchmark pricing - Fadillah

Fadillah said the matter needs to be discussed jointly as Indonesia's plans will affect the entire oil palm industry chain, not just Malaysia.
Thu Jan 26 2023
Indonesia's export levy decision will not impact CPO demand - Zuraida

Indonesia's export levy decision will not impact CPO demand - Zuraida

Demand for Malaysia's CPO is expected to remain stable despite the Indonesian govt's recent decision to extend its export levy waiver.
Fri Sep 23 2022
India's palm oil imports from Malaysia up 49 pct in August 2022

India's palm oil imports from Malaysia up 49 pct in August 2022

India imported 353,556 tonnes of palm oil from Malaysia last month.
Wed Sep 14 2022
Zuraida: Smallholders, listed plantation firms urged to focus on long-term prospects

Zuraida: Smallholders, listed plantation firms urged to focus on long-term prospects

With CPO prices probably having peaked, planters - whether smallholders or listed plantation firms - should focus on long-term prospects.
Fri Aug 26 2022
CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida

CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida

This is due to the resumption of Indonesia's palm oil export levy beginning Sept 1, and the expected decline in palm oil production in Q4.
Mon Jul 25 2022
Plantation sector most affected by temporary freeze on workers

Plantation sector most affected by temporary freeze on workers

Malaysia is reportedly facing a significant labour shortage in the manufacturing, plantation and construction industries.
Thu Jul 14 2022
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM

Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Fri Nov 22 2024
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

Saudi Arabia showcases Vision 2030 goals at Airshow China 2024

For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
Fri Nov 22 2024
King Charles' coronation cost GBP 71mil, govt accounts show

King Charles' coronation cost GBP 71mil, govt accounts show

The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Fri Nov 22 2024