Malaysia’s palm oil total export value is expected to surpass rm70 billion in 2020 as palm oil importing-countries are stocking up their inventories due to plunging demand.

PETALING JAYA: Palm oil experts say putting greater emphasis on biodiesel and expanding into markets such as India, China and Africa can be key drivers of growth for the sector.

JANUARY 7 ― There’s increasing public exposure these days on the potential use of bio-fertilisers, ie., the use of natural, organic matter.

Kuala Lumpur: The palm oil industry is encouraged to come forward for early consultation following new European Union (EU) or United Kingdom (UK) regulatory initiatives on sustainability to minimise the impact of products placed on the EU market.

SARAWAK Oil Palms Bhd (SOPB) is expected to gain from the crude palm oil (CPO) price uptrend and better contributions from its downstream expansion plan, according to RHB Investment Bank Bhd (RHB Research).

Palm oil exporting countries have been asked to treat Indian palm oil refiners as comrades and not as adversaries. Speaking at the CEO Forum of Palm Oil Trade Fair and Seminar 2021, which was organised by Malaysian Palm Oil Council on a digital platform, Atul Chaturvedi, President of the Solvent Extractors’ Association (SEA) of India, said exporters and importers need to start a campaign to promote guilt-free eating of palm oil by Indian consumers to get a bigger space in the Indian kitchens.

KUALA LUMPUR: Malaysian palm oil futures rallied over 3% on Wednesday, hitting near a 10-year high on forecast of a deep cut in December supply and tracking strength in rival soyaoil prices.

SINGAPORE: Palm oil may test a resistance at 3,856 ringgit per tonne, driven by a wave C.

KUALA LUMPUR (Jan 5): Total Malaysian palm oil production is expected to increase slightly by 200,000 tonnes to 19.6 million tonnes in 2021, versus 19.4 million tonnes a year ago, according to the Malaysian Palm Oil Council (MPOC).

Malaysian palm oil stockpiles are expected to remain low in 2021 because of strong demand from China and a lower Indian import duty amid sluggish output gains, the Malaysian Palm Oil Council (MPOC) said on Tuesday. “The market outlook for Malaysian palm oil in 2021 looks bright despite the pandemic,” Kalyana Sundram, MPOC chief executive told a virtual conference.