Palm Voices: Plant A Thought

Mah: ‘The invention should be practical and cost-effective’.

RM4.5mil up for grabs in palm oil competition

PUTRAJAYA: Innovative minds from all over the world are invited to compete in the International Competition on Oil Palm Mechanisation (ICOPM).

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The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was up 0.1 percent at 2,508 ringgit ($578.01) a tonne by the end of the trading day.  The market is down 0.9 percent for the week, charting a third consecutive weekly fall.

Malaysian palm oil price reverses losses to see slight gains ahead of data

29 April 2017

KUALA LUMPUR: Malaysian palm oil futures were slightly higher on Friday evening, reversing losses from earlier in the day due to low demand, pending the release of data and ahead of a long weekend.

Massive landbank: A Felda estate in Sungai Siput. About 335,000 ha from Felda’s total landbank of 850,000 ha are currently run by FGV under a land lease agreement (LLA) which was established in 2012.

Felda to unravel FGV deal?

29 April 2017

Wilmar’s Sitorus may emerge as a substantial shareholder in FGV

FGV entitled to compensation for land transfer

29 April 2017

FELDA Global Ventures Holdings Bhd (FGV) is entitled to receive a sizeable compensation for relinquishing its rights to manage the landbank belonging to the Federal Land Development Authority (Felda) should the current land lease agreement (LLA) be terminated.

Malaysian palm oil futures reversed gains on Thursday evening as the market took profit after hitting a two-week high.

Malaysian palm oil/Vegoils: Market factors to watch Friday April 28

28 April 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday April 28.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was down 0.3 percent at 2,506 ringgit ($576.75) a tonne by the close, having touched  its strongest since April 14 at 2,545 ringgit.

Malaysian palm oil price dragged from two-week high by profit-taking

28 April 2017

KUALA LUMPUR: Malaysian palm oil futures reversed gains on Thursday evening as the market took profit after hitting a two-week high.

Malaysian palm oil rebounded from earlier losses on Wednesday evening, rising for a third session in four as it was lifted by stronger performing soyoil and in a technical correction.

Malaysian palm oil/Vegoils: Market factors to watch April 27

27 April 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday April 27.

Crude palm oil offers were raised by $7.50 to $20 a tonne, cif Rotterdam, with expectations of slower than forecast output growth aiding the recovery in Malaysia.

European vegoils prices climb boosted by gains in CBOT soyoil

27 April 2017

LONDON: Palm oil prices on Europe's vegetable oil market were higher on Wednesday boosted by a rebound in Malaysian futures and gains in CBOT soybean oil.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was up 1.1 percent to 2,514 ringgit ($578.46) a tonne by the close of trade, its strongest daily gains in a week.  Traded volumes stood at 55,888 lots of 25 tonnes each at the close of trade.

Malaysian palm oil price reverses losses, tracks rising soyoil

27 April 2017

KUALA LUMPUR: Malaysian palm oil rebounded from earlier losses on Wednesday evening, rising for a third session in four as it was lifted by stronger performing soyoil and in a technical correction.

A resolution by the European Parliament recently called for the EU to phase out by 2020 the use of vegetable oils in biodiesel that are allegedly produced in an unsustainable way leading to deforestation.

Malaysia, Indonesia to counter EU decision to ban palm oil-based biofuel

26 April 2017

PUTRAJAYA: Malaysia and Indonesia will send a joint mission to Europe next month to counter the European Union (EU) resolution which proposed to curb the use of oil palm-based biofuel by 2020.

 Malaysian palm oil futures had their weakest intraday performance in one week, snapping two straight sessions of gains, as a stronger ringgit MYR= and concerns over rising production weighed on the market.

Malaysian palm oil/Vegoils: Market factors to watch Wednesday April 26

26 April 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday April 26.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange dropped 1.7 percent to 2,486 ringgit ($569.01) a tonne at the midday break, its biggest fall since April 17.  Traded volumes stood at 49,303 lots of 25 tonnes each at the end of the trading day

Malaysian palm oil price sees steepest fall in 1 week on stronger ringgit

26 April 2017

KUALA LUMPUR: Malaysian palm oil futures had their weakest intraday performance in one week, snapping two straight sessions of gains, as a stronger ringgit and concerns over rising production weighed on the market..

Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the increase was due to the higher palm oil price, despite the volume of export being almost the same.

Malaysia’s CPO export value up 37% in first quarter on higher prices

26 April 2017

CAREY ISLAND: The value of Malaysia’s crude palm oil (CPO) exports rose by RM3.31bil or 37% year-on-year during the first quarter of 2017.

A worker collects oil palm fruits inside a palm oil factory in Sepang. - Reuters pic

RSPO to include labour rights in upcoming revised certification

25 April 2017

SUBANG JAYA: The Roundtable for Sustainable Palm Oil (RSPO) will release the third revision of its certification upon completion of a review with stakeholders from next month, said chief executive officer Datuk Darrel Webber on Tuesday.

Malaysian palm oil futures rose for a second consecutive session on Friday, buoyed by stronger demand ahead of Ramadan and on a technical correction after sharp falls earlier this week.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday April 25

25 April 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 25.

metallurgist

This metallurgist is ready to show his sensitive side

23 April 2017

Doctorate holder Lee Kok Loong is just as passionate about spending time with animals.

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