MPOB

Stock drops may fuel a rally in benchmark futures, now hovering near two-year highs.

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.

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.

The national palm oil extraction rate could potentially be impacted if the recycling of secondary oil to CPO is prohibited.

Foreign workers are no longer allowed to enter the country except for plantation industry.

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.

Malaysia, Indonesia and Thailand have taken aggressive and responsible measures to comply with the regulation.

The forecast reverses the MPOB's May prediction that 2024 production could drop between 1 and 3 million metric tons.

Mohamad Helmy Othman Basha said Malaysia exported about 1.5 mln tonnes to the EU from a total production of about 20 mln tonnes last year.

Palm oil inventories in Malaysia are also falling as heavy rainfall restricted production growth, Ahmad Parveez said.

MPOB said the move may be one option that the world's two biggest palm oil producers could undertake to fight the discrimination by the EU.

Deputy Prime Minister and Minister of Plantation and Commodities, Datuk Seri Fadillah Yusof has attended a briefing of the Malaysian Palm Oil Board (MPOB).

The seedlings shortfall could slow plantation, capping production growth and keeping palm oil prices elevated, industry officials said.

Zuraida has urged smallholders to be part of the KPSM to enable the MPOB to monitor and resolve their problems better.

Wee Jeck Seng said the halt in operations would affect existing stocks and have a negative impact on smallholders.

Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.

The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.

A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.

The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.

Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.

Bondi was the top law enforcement officer of the country's third most populous state from 2011 to 2019, and served on Trump's Opioid and Drug Abuse Commission during his first administration.

At 8 am, the local currency climbed to 4.4600/4700 against the greenback.

The hospital hallways echo with the screams of children as anxious parents await news from doctors.

Can a young Orang Asli child from Gua Musang, Kelantan be turned into an Olympic champion in 2036?

Anfaal Saari emphasises the seriousness of the issue, especially involving children and teenagers under 18 years old.