News
Palm Futures Surge on Positive Export Data
CRUDE palm oil (CPO) futures prices on Bursa Malaysia Derivatives closed mostly higher yesterday boosted by positive export data for the January period. Exports of Malaysian palm oil products for January jumped 27.5 per cent to 1,496,805 tonnes from 1,173,680 tonnes shipped in December, cargo survey...
Policies Must Be There to Preserve Palm Oil Industry, Says MPOC
PETALING JAYA, Feb 2 (Bernama) — The Malaysian Palm Oil Council (MPOC) says the palm oil industry must institute policies to preserve agricultural land by law so that the total area for cultivation is not reduced. The industry currently holds a 10 per cent share of Malaysia’s export earn...
Malaysia’s Palm Oil Production to Reach 18 Million Tonnes This Year
PETALING JAYA, Feb 2 (Bernama) — Malaysian palm oil production is expected to recover and reach 18 million tonnes this year, in line with growing demand for palm oil products, said Minister of Plantation Industries and Commodities, Tan Sri Bernard Dompok Tuesday. In 2009, exports of palm oil p...
Palm Oil Industry to See Continuous Attacks
PETALING JAYA, Feb 2 (Bernama) — The palm oil industry will continue to see attacks from anti-palm oil environmentalists in the coming years, said Chairman of Malaysian Palm Oil Council (MPOC) Datuk Lee Yeow Chor on Tuesday. “With the industry continuously being targetted by the European...
Palm Oil Exports to Increase, Says MPOC
KUALA LUMPUR, Feb 2 (Bernama) — Malaysia’s palm oil industry will continue to see increases in export figures to several traditional markets this year, says the Malaysian Palm Oil Council (MPOC). “This trend, I believe will continue throughout 2010, based on the current ecnomic con...
Malaysia Eyes Higher CPO FFB Output by 2020
MALAYSIA is working towards a national average crude palm oil fresh fruit bunch (FFB) output of 35 tonnes per hectare by 2020 from the current production of 20.2 tonnes per hectare. Minister of Plantation Industries and Commodities Tan Sri Bernard Dompok said there were several plantation companies ...
