News
CPO Futures Downtrend Continues
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Malaysia Derivatives Exchange continued its downtrend for the third consecutive day yesterday on the back of increasing supplies. Phillip Futures Sdn Bhd derivative product specialist David Ng said the easing demand and the fall in the soyaoil pri...
Palm Imports by India Falling as Refiners Buy Soybean Oil
Palm oil imports by India, the world’s largest buyer, probably declined in May as refiners and traders bought more soybean and sunflower oils amid forecasts for record global supplies. Futures in Kuala Lumpur fell. Shipments of the main crude and refined palm oils ...
Palm Futures Dips on Rising Output
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Malaysia Derivatives Exchange continued the downtrend yesterday, weighed by rising output and inventories in producing countries, coupled with sluggish demand. At close, June 2014 fell RM24 to RM2,386 a tonne, July 2014 decreased RM24 to RM2,392 a...
Mandatory for Palm Oil Millers to Record Source of FFB soon
KUCHING: The Malaysian Palm Oil Board (MPOB) will soon make it mandatory for palm oil millers in the state to record the source of fresh fruits bunches (FFB) they buy. This is a measure mooted by the Ministry of Plantation Industries and Commodities to curb rampant thefts of FFB from plantations in ...
Palm Futures Falls on Rising Output
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Malaysia Derivatives Exchange extended losses to close lower yesterday due to rising output and inventories in producing countries. Phillip Futures Sdn Bhd derivative product specialist David Ng said that easing demand for the commodity and apprec...
MPOC Launches 2nd Photography Competition 2014
PETALING JAYA — The Malaysian Palm Oil Council (MPOC) has launched Palm Portraits Photography Competition 2014. This competition is in its second year. The competition first started in October 2012 while the announcement of selected winners, from an impressive 600 submissions, took place during...
