KUALA LUMPUR: Malaysian palm oil futures settled higher on Tuesday, rebounding from earlier losses, though sluggish demand from key markets, uncertainty over Indonesia’s export rates and a ...
Malaysia is the world’s second largest producer of palm oil. Together with Indonesia, the two countries dominate the global market, producing 85 percent of the $65 billion supply.
The two nations have lobbied against Brussels' law, which would have increased scrutiny of their palm oil exports to European countries. Indonesia and Malaysia, which account for 85 percent of ...
In November, Malaysia’s crude palm oil production declined sharply due to heavy rains. Production fell nearly 10% on a month-on-month basis to 1.62 million tons. This was the lowest for a month ...
MUMBAI: Malaysian palm oil is likely to trade around RM4,000 per metric ton in 2025, except for a brief rise up to RM4,800 in February, amid stiff competition from soyoil, industry analyst Dorab ...
“During the meeting, President Prabowo said that every nation he visited expresses a need for palm oil. President Prabowo also hopes that cooperation between Indonesia and Malaysia in this sector can ...
According to the Ministry of Plantations and Commodities (MPIC), approximately 4.94 million hectares or 87.4 per cent, of palm oil plantations in Malaysia, and 407 of the 446 palm oil mills have ...
The palm-oil plantations of Malaysia have become magnets for refugees from Bangladesh and Myanmar. Many have complained of onerous working conditions and few legal protections. Photo: Syed Zain Al ...
Malaysia said on Tuesday (Jan 14) it will encourage sustainability while maintaining the competitiveness of its palm oil industry ahead of the implementation of the European Union’s anti-deforestation ...
PUTRAJAYA, Jan 14 (Bernama) -- The palm oil trade is a cornerstone of ASEAN’s economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic ...