KUALA LUMPUR: Malaysian palm oil futures closed higher on Friday, logging a third straight week of gains, supported by a weaker ringgit, anticipated Ramadan demand and seasonal production declines.
JAKARTA: Malaysian palm oil futures closed higher on Monday, tracking strength in rival soyoil on Dalian and Chicago markets. The benchmark palm oil contract for March delivery on the Bursa ...
Malaysia said on Tuesday it will encourage sustainability while maintaining the competitiveness of its palm oil industry ahead of the implementation of the European Union's anti-deforestation law ...
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 ...
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.
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 ...
KUALA LUMPUR/MUMBAI (Reuters) - Malaysia's palm oil stocks fell for a third consecutive month in December to hit their lowest since May 2023, as output dropped due to floods, data from the ...
KUALA LUMPUR, Jan 1 (Bernama) -- The Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) officially comes into effect today, introducing stricter guidelines for sustainability, ...
KUALA LUMPUR, Jan 14 (Reuters) - The European Union's pending anti-deforestation law presents both challenges and opportunities for Malaysia's palm oil industry, Malaysia's deputy commodities ...
Indonesia's B40 biodiesel mandate would result in reduced export availability, in return favouring Malaysian palm oil exports, said Anilkumar Bagani, head of research at Mumbai-based vegetable oil ...