News
Palm oil/Vegoils: Market factors to watch Sept 17 Wednesday
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday. FUNDAMENTALS * Malaysian palm oil futures rose to a one-month high on Monday, lifted by gains in U.S. and China soyoil markets and a surge in exports of the tropical o...
Record Prices for Oil Palm Estates in Sabah and Sarawak
Asian Plantations’ palm oil mill in Incosetia estate in Sarawak. Felda Global Ventures will set a new benchmark for Sarawak if its acquisition of Asian Plantations go through PETALING JAYA: Oil palm estates in Sabah and Sarawak are experiencing new benchmark pricing despite weaker crude palm o...
CPO Futures Continue Uptrend
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives continued last week’s uptrend to close higher yesterday, due to strong export performance as indicated by cargo surveyors. Phillip Futures Sdn Bhd derivative product specialist David Ng said the weakening of the ringgit ...
CPO Futures Continue Uptrend
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives continued last week’s uptrend to close higher yesterday, due to strong export performance as indicated by cargo surveyors. Phillip Futures Sdn Bhd derivative product specialist David Ng said the weakening of the ringgit ...
Palm Oil Seen Dropping as Mistry Has Buy Call on Planter Stocks
Palm oil will probably drop in the next few weeks toward the cost at which growers in Asia produce the world’s most-used cooking oil as supplies exceed demand, according to Dorab Mistry, director at Godrej International Ltd. The commodity will retreat to about 1,900 ringgit ($590) a metric ton, Mist...
Changing Perceptions About Palm Oil
Redeeming its rightful place: Palm oil has received much scrutiny over the years on allegations of its unsustainable production and deforestation to grow its crop due to misinformation. – Filepic The palm oil industry is turning to social media to actively engage communities and disseminate ac...
