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1. 21/01/2021
Yesterday, Reuters reported that Indonesia and Malaysia, two of the world’s largest producers of palm oil, are joining forces to lobby against proposed regulatory changes that could restrict sales of the product within the European Union.
2. 21/01/2021
GENEVA • Malaysia has filed a complaint with the World Trade Organisation (WTO) over European Union rules affecting the consumption of palm oil-based biofuels, according to a document published on Tuesday.
3. 21/01/2021
Jakarta (ANTARA) - The Indonesian Institute of Sciences (LIPI) has put forward a suggestion to build green fuel refinery for processing palm oil into green fuel.
4. 21/01/2021
KUALA LUMPUR: The Federal Land Development Authority (Felda) has acquired a total of 78.15 million shares in FGV Holdings Bhd from the open market on four different days this month.
5. 21/01/2021
SINGAPORE: Palm oil may end its drop in a support zone of 3,173-3,221 ringgit per tonne, and start a strong bounce thereafter.
6. 21/01/2021
CHICAGO: Chicago Board of Trade soyabean futures slid on Tuesday as rains across Brazil and Argentina bolstered supply outlook from the region.
7. 21/01/2021
KUALA LUMPUR (Jan 21): Palm oil prices continued to edge lower yesterday, as concerns about lower demand for the edible oil following lower export data outweigh worries about weaker supply amid torrential rains that have triggered floods in key growth areas in Malaysia.
8. 21/01/2021
PUTRAJAYA (Jan 20): Retailers are allowed to impose a limit on the purchase of cooking oil in 1 kilogramme polybag to three units per transaction for each customer effective Jan 19.
9. 20/01/2021
FITCH Solutions Country Risk and Industry Research is expecting the average palm oil price to trade at an 11-year high of RM3,050 per tonne this year on the continuation of limited stockpile of palm oil and lower soy oil prices ahead.
10. 20/01/2021
LAST Thursday, crude palm oil futures breached RM4,000 per tonne for the first time since 2008. But despite this positive upward trend in prices, a cloud still hangs over the industry following another ban by the US Customs and Border Protection (CBP), this time on palm oil and products of Malaysian plantation giant Sime Darby Plantation Bhd on allegations of forced labour. The ban came into effect on Dec 30, 2020.
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Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
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