GLOBAL HIGHLIGHTS
NEWS FEED
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18 August, 2017
Malaysian palm oil price rises on stronger soyoil, tight market supplies
Palm Oil , Plantations , Commodities , Stocks , Markets -
18 August, 2017
Mah urges palm oil players to boost exports to Asia-Pacific
KUALA LUMPUR: Palm oil imports by Asia-Pacific countries are expected to grow by 350,000 tonnes in 2017, leading up to an additional 692,000 tonnes in 2020, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. -
18 August, 2017
Malaysian palm oil/Vegoils: Market factors to watch Friday Aug 18
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Aug 18. -
18 August, 2017
The story of the palm oil industry in Malaysia in pictures
Palm oil is very much a part of our daily lifestyle. It can be found in everything from toothpastes, soaps, and detergents to more than half of the packaged foods found on supermarket shelves, as the versatile oil can be used for both food and non-food products. As an industry, palm oil contributed RM38.5bil to the country’s Gross Domestic Product last year, with oil palm plantations occupying over 5 million hectares of land in Malaysia. -
17 August, 2017
Malaysian palm oil price falls for third straight day, tracking weak soyoil
KUALA LUMPUR: Malaysian palm oil futures fell for a third straight day on Wednesday, tracking losses in soyoil overnight on the Chicago Board of Trade (CBOT). -
16 August, 2017
Innovative Terengganu school profiting after transforming idle land into oil palm smallholdings
SETIU: A school in Setiu is now nearly independent of financial assistance from the district Education Department to run its activities. This is attributed to the innovative ideas of its teachers as well as the Parent-Teacher’s Association, who decided to transform 0.8 hectares of idle land into oil palm smallholdings. -
16 August, 2017
Malaysian palm oil prices suffer sharpest fall in a week as exports drop
KUALA LUMPUR: Malaysian palm oil futures slid on Tuesday evening to their steepest fall in a week, tracking a decline in exports and weaker performance among other related edible oils. -
16 August, 2017
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Aug 16
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Aug 16. -
15 August, 2017
Govt hikes import duty on crude, refined palm oil
New Delhi, Aug 11 () The government today hiked the import duty on crude palm oil to 15 per cent from 7.5 per cent and on refined to 25 per cent from 15 per cent to curb cheaper shipments and boost local prices for supporting domestic farmers and refiners. -
15 August, 2017
Palm oil may retrace towards 2,614 ringgit
Palm oil Nov. contract faces a strong resistance at 2,687 ringgit per tonne, it may retrace towards a support at 2,614 ringgit. The resistance is provided by the 50 percent Fibonacci retracement on the downtrend from the Dec. 19, 2016 high of 2,993 ringgit to the May 31 low of 2,380 ringgit.
