News
Palm Oil’s ‘Secret, Bountiful Yield’
JANA Miertus’ eyes widened when she learnt that palm oil is the most consumed edible oil in the world, commanding 30 per cent market share. The wives of the Programme Advisory Committee being advised on the benefits of using palm oil-based ingredients for skincare during their visit to the Cra...
Palm Oil Producers Keen to Invest in Philippines
The Malaysian Oil Palm Council has asked the Philippine government to accept more investors in oil palm cultivation. “The council is keen on encouraging more investments or joint ventures to increase the Philippines’ palm oil production,” MOPC chief executive Tan Sri Datuk Dr. Yusof Basiron said in ...
Higher Allocation for Oil Palm Smallholders
SMALLHOLDERS who want to plant oil palms, be it replanting or new plantings, are now entitled to a higher allocation from the government. Those who own 40ha or less are eligible for the replanting grant. As for new plantings, the incentive can only be accorded to those who own up to five hectares in...
Palm Futures Slighly Lower at Close
KUALA LUMPUR: Crude palm oil futures on Bursa Malaysia Derivatives closed slightly lower yesterday on weaker external markets, a dealer said. Spot month July 2012 moved between the RM3,430-RM3,470 range throughout the day but was pushed up slightly at the end of trading. May 2012 fell RM5 to RM3,495...
Palm Futures End Higher on Late Buying
KUALA LUMPUR: Crude palm oil futures closed higher yesterday, supported by buying activities from Indonesian traders, a dealer said. “The market was choppy throughout the day, but was pushed up in the last 30 minutes by some Indonesian traders,” she said. May 2012 contracts increased RM17 to RM3,515...
Malaysia Upbeat on Palm Oil Sales to Philippines
MALAYSIA EXPECTS its palm oil sales to the Philippines to continue to grow due to favorable market conditions here, an official said on Monday. “The growth trend shows that we have increased our exports of palm oil to the Philippines by 10% annually, and we expect this to continue,” said Tan Sri Ber...
