News
Malaysia clinches major oil palm deal with Saudi Arabia
KUALA LUMPUR (April 30): In what is seen as a major breakthrough for Malaysia, Saudi Arabia will become Malaysia’s hub for the import and distribution of palm oil and palm oil-related products into the lucrative Gulf Cooperation Council (GCC) and the Middle East and North African (MENA) markets. Int...
Malaysia’s April palm oil exports rise 9.7%, says AmSpec Agri
KUALA LUMPUR (April 30): Exports of Malaysian palm oil products for April rose 9.7% to 1,400,724 tonnes from 1,277,255 tonnes shipped during March, according to independent inspection company AmSpec Agri Malaysia on Friday. Source : The Edge Markets
CPO futures to surpass RM4,000 level
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to post its biggest single-day gain and close at a 31-day high yesterday, with the benchmark July contract hovering above the RM4,000 level. Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia...
Palm oil benchmark shoots past RM4,000
KUALA LUMPUR (Bernama) — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to post its biggest single-day gain and close at a 31-day high today, with the benchmark July contract hovering above the RM4,000 level. Singapore-based Palm Oil Analytics owner and co-foun...
PM: Almost RM190mil in dividends for palm oil, rubber smallholders
KUALA LUMPUR: A total of RM189.08mil in dividends will be paid out to some 90,000 oil palm and rubber smallholders nationwide despite the challenges of the Covid-19 pandemic, says Tan Sri Muhyiddin Yassin. The Prime Minister said the dividends, representing the third final annual instalment payment,...
Palm oil benchmark shoots past RM4,000
KUALA LUMPUR (Bernama) — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied to post its biggest single-day gain and close at a 31-day high today, with the benchmark July contract hovering above the RM4,000 level. Singapore-based Palm Oil Analytics owner and co-foun...
