News
Malaysian Palm Oil Price Slides to 5-year Low in 6th Consecutive Session
SINGAPORE: Malaysian palm oil lost more ground on Wednesday, falling for a sixth consecutive session to its lowest since October 2009 as slowing exports and prospects of near-record U.S. soybean production weighed on the market. Exports of Malaysian palm oil products for Aug. 1-20 fell 5.39 percent ...
Palm Oil Seen by UBS Extending Slump on Outlook for Supplies
Palm oil’s rout is set to deepen with prices extending declines to less than 2,000 ringgit ($630) a metric ton on ample global supplies of edible oils, according to Wayne Gordon, an analyst at UBS AG. “The overall vegetable oil sector is effectively swimming in supply, or will be swimming in su...
Tocotrienols for Brain Health
MALAYSIA’s top spot as the first country to commercialise tocotrienols has been strengthened by the findings of a two-year human clinical study carried out at Universiti Sains Malaysia, which now lend promise for the preservation of brain health. Derived from palm oil, this Vitamin E supplement, con...
Malaysian Palm Oil Prices at Five-year Low
JAKARTA: Malaysian palm oil prices sank to their lowest levels in almost five years on Tuesday as declining crude and soybean oil prices pushed them down. By Tuesday’s close, the benchmark November contract on the Bursa Malaysia Derivatives Exchange had shed 1.05 percent to 2,066 ringgit ($655...
CPO Futures End Lower
KUALA LUMPUR: Crude palm oil (CPO) futures prices closed lower for the second consecutive trading day yesterday due to persistent weakness in the Chicago soybean market, said a dealer. Phillip Futures derivative product specialist David Ng said the narrowing spread between soybean oil and palm oil w...
Time Right To Create Malaysian Palm Oil Brand, Says MPOC
KOTA KINABALU, 19 Aug (Bernama) — The Malaysian Palm Oil Council (MPOC) is of the opinion that the time is now opportune to create a strong Malaysian palm oil brand. Chairman Datuk Lee Yeow Chor said this should be based on many criteria and must adhere to international standards and good prac...
