News
Palm oil futures to remain sluggish
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to remain sluggish next week as weaker demand continues to weigh on prices. Palm oil trader David Ng said, however, expectations of a lower stockpile in March is seen as supporting prices ahead of a key...
Palm oil refiners asks govt to lift MCO on plantation industry
KUALA LUMPUR: The Palm Oil Refiners Association of Malaysia is appealing to the Sabah government to allow industry players and its supply chains to work in unison during the extended movement control order (MCO) period. This is simply to avoid operational disruption for the benefit of the consumers ...
FGV backs MPOA request to resume critical plantation operations in Sabah
KUALA LUMPUR (April 1): FGV Holdings Bhd (FGV) has added its voice to concerns raised by the Malaysian Palm Oil Association (MPOA) and the Malaysian Estate Owner Association (MEOA) over a recent decision by the Sabah State Government to close palm oil operations in three additional districts in the ...
Indonesian palm oil exports to China plunge by half in January
JAKARTA, March 30 (Jakarta Post/ANN) — The Indonesian Palm Oil Producers Association (GAPKI) said export volume to China fell by 381,000 tons or 57 percent in January and this had contributed to the sharp fall in the country’s total palm oil exports, which declined by 35.6 percent to 2.39 mill...
COVID-19: Oil palm industry remains stable, backed by demand
KUALA LUMPUR (March 25): The COVID-19 pandemic will not have a large impact on the nation’s oil palm industry as it continues to be supported by local and international demand, commercialisation of downstream products, exploration of new markets as well as Government initiatives. Since the outbreak ...
20 Indonesian oil palm workers under quarantine after showing early Covid-19 symptoms
SIBU: Twenty Indonesian workers of Salcra oil palm plantation in Sri Aman have been quarantined for suspected Covid-19 after showing early symptoms of the disease. All of them had experienced cough, fever, shortness of breath and sore throat for several days. Sri Aman OCPD Deputy Supt Bing...
