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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In a filing with Bursa Malaysia, the Sabah-based mid-tier plantation group announced revenue for the quarter rose by 18.7% to RM244.50mil in contrast to the RM205.96mil registered a year earlier.

Robust measures help TSH improve core profit

28 February 2017

PETALING JAYA: TSH Resources Bhd’s robust measures to control its unit cost of production and the better crude palm oil (CPO) selling price helped to improve the group’s core operating profit in the fourth quarter ended Dec 31, 2016.

Palm milk - the ‘better alternative’

28 February 2017

SERI KEMBANGAN: So you want to have your nasi lemak, curry mee and cendol but without the guilt? With santan sawit or palm milk, you can have a healthier alternative to the conventional coconut milk (santan) and these local favourites can taste just as good.

 Malaysian palm oil futures recovered in late trade on Friday on forecasts of stronger export data and short-covering ahead of the weekend.

Malaysian palm oil/Vegoils: Market factors to watch Monday Feb 27

27 February 2017

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

Working to improve the palm oil industry

26 February 2017

ON Wednesday, the Malaysian Palm Oil Board launched a worldwide competition that offers a US$1mil (RM4.5mil) grand prize in addition to cash prizes totalling US$130,000 (RM585,000).

Benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange rose 0.9 percent to 2,806 ringgit ($632.41) a tonne at the end of the trading day.

Malaysian palm oil price recovers on better demand, but sees 2nd weekly fall

25 February 2017

KUALA LUMPUR: Malaysian palm oil futures recovered in late trade on Friday on forecasts of stronger export data and short-covering ahead of the weekend.

Discussing the future: Mah (third from left) meeting members of the European Parliament on issues concerning the palm oil industry. With him are (from left) Paolo Russo, Dr Barbara Kappel, Inese Vaidere, Nicola Caputo and Malaysian Palm Oil Board chairman Datuk Seri Ahmad Hamzah.

MSPO certification mandatory by 2019

25 February 2017

PUTRAJAYA: The Malaysian Sustainable Palm Oil (MSPO) certification compliance will be made mandatory by the end of 2019 to elevate the industry to global standards.

 Malaysian palm oil futures fell on Thursday evening, charting a fifth session of losses in six and hitting their lowest in nearly four months as concerns persisted over rising production and weak exports.

Malaysian palm oil/Vegoils: Market factors to watch Friday Feb 24

24 February 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Feb 24.

Benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange declined 1 percent to 2,782 ringgit ($625.59) a tonne at the close of trade. The contract dropped to as low as 2,743 ringgit in the second half of trading, its weakest since Nov. 4.

Malaysian palm oil price hits near 4-month low on rising output, weak demand

24 February 2017

KUALA LUMPUR: Malaysian palm oil futures fell on Thursday evening, charting a fifth session of losses in six and hitting their lowest in nearly four months as concerns persisted over rising production and weak exports.

Benchmark palm oil futures for May on the Bursa Malaysia Derivatives Exchange gained 0.9 percent to 2,809 ringgit ($631) a tonne by the end of the session. The contract had earlier fallen to 2,763 ringgit, its weakest level since Nov. 7.   Traded volumes stood at 97,813 lots of 25 tonnes each on Wednesday evening.

Malaysian palm oilprice recovers from 3-1/2-mth low on bargain buying

23 February 2017

KUALA LUMPUR: Malaysian palm oil futures rose on Wednesday to bounce of a more than three-month low in the afternoon session as bargain hunters shrugged off market expectations of higher supplies and weak demand.

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

RM4.5mil up for grabs in palm oil competition

23 February 2017

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

The Genting Plantations group recorded higher selling prices of crude palm oil and palm kernel in 2016. - AFP pic

GenP’s annual earnings almost double; 11-sen special dividend declared

22 February 2017

KUALA LUMPUR: Higher palm products’ selling prices continued to help Genting Plantations Bhd’s (GenP) quarterly performance, boosting its fourth-quarter (Q4) earnings by 240% and spurring the board to declare a special dividend of 11 sen per share.

Malaysian palm oil futures slid for a fourth consecutive session on Tuesday, hitting their lowest in 15 weeks as expectations of higher production and ample supplies of rival soybean oil weighed on the market

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 22

22 February 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wed Feb 22.

Benchmark palm oil futures for May delivery on the Bursa Malaysia Derivatives Exchange closed down 1.7 percent to 2,782 ringgit ($624.4) a tonne by the mid-day break. Earlier in the session, they hit a low 2,777 ringgit, the weakest since Nov. 8.  Traded volumes stood at 73,468 lots of 25 tonnes each at the end of the morning session.

Malaysian palm oil price drops to 15-week low on hopes of rising output

22 February 2017

SINGAPORE: Malaysian palm oil futures slid for a fourth consecutive session on Tuesday, hitting their lowest in 15 weeks as expectations of higher production and ample supplies of rival soybean oil weighed on the market.

 Malaysian palm oil futures slid for a third consecutive session on Monday, falling to its lowest since mid-November as slowing demand and expectations of higher supplies weighed on the market.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Feb 21

21 February 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesdat Feb 21.

Benchmark palm oil futures for May delivery on the Bursa Malaysia Derivatives Exchange finished down 1.1 percent to 2,827 ringgit ($634.43) a tonne, the weakest since Nov. 15.  Traded volumes stood at 72,604 lots of 25 tonnes.

Malaysian palm oil price at 3-month low on slowing demand, rising supply

21 February 2017

SINGAPORE: Malaysian palm oil futures slid for a third consecutive session on Monday, falling to its lowest since mid-November as slowing demand and expectations of higher supplies weighed on the market.

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