Palm Voices: Plant A Thought

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Malaysian palm oil futures rose to a one-week high on Wednesday evening, tracking stronger related edible oils, but pared some gains late in the session as the market traded cautiously ahead of the release of industry data

Malaysian palm oil/Vegoils: Market factors to watch Thursday August 10

10 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Aug 10.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.04 percent to 2,630 ringgit ($613.48) at the close of trade. It earlier rose to 2,654 ringgit, its highest since Aug. 1.  Traded volumes stood at 32,666 lots of 25 tonnes each at the end of the trading day.

Malaysian palm oil price rises to one-week top; gains limited ahead of data

10 August 2017

KUALA LUMPUR: Malaysian palm oil futures rose to a one-week high on Wednesday evening, tracking stronger related edible oils, but pared some gains late in the session as the market traded cautiously ahead of the release of industry data

Some of those vast plantations are now being guarded by up to 200 people, Agoes Dermawan, secretary-general of the Indonesian Security Industry Association, told Reuters - (Filepic)

Indonesia oil palm growers step up security

10 August 2017

JAKARTA: Indonesian security companies have seen a surge in demand for guards to protect palm oil plantations from fruit thieves and land grabbers, amid a rebound in prices of the commodity used to churn out everything from cooking oil to soap

“We are representing the Government of Malaysia on two levels -- the management and board of directors of EHP,” says Shahrir. - Bernama pic

Felda represents Govt’s interest in PT Eagle High purchase

9 August 2017

BANGI: The Federal Land Development Authority (Felda) is an intermediary for the Malaysian government in the acquisition of Indonesian oil palm planter, PT Eagle High Plantations Tbk (EHP).

Malaysian palm oil futures made their biggest daily gains in two weeks on Tuesday, reversing losses from the previous session, supported by strength in related edible oils.

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Aug 9

9 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Aug 9

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 2 percent to 2,626 ringgit ($612.98) at the close of trade, its strongest daily gain since July 25

Malaysian palm oil price sees strongest gains in 2 weeks

9 August 2017

KUALA LUMPUR: Malaysian palm oil futures made their biggest daily gains in two weeks on Tuesday, reversing losses from the previous session, supported by strength in related edible oils.

 Malaysian palm oil futures dipped on Monday evening, hitting a two-week low, on expectations that official production data due later this week will show rising output in July.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Aug 8

8 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday August 8.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange fell 1.3 percent to 2,574 ringgit ($601.12) by the close of trade. It earlier dropped to an intraday low of 2,572 ringgit, its lowest since July 25.       Traded volumes stood at 46,535 lots of 25 tonnes each on Monday evening.

Malaysian palm oil price dips to 2-week low on rising output forecasts

8 August 2017

KUALA LUMPUR: Malaysian palm oil futures dipped on Monday evening, hitting a two-week low, on expectations that official production data due later this week will show rising output in July.

At the launch of the coins recently: (from left) BNM governor Datuk Seri Muhammad Ibrahim, Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong and Malaysian Palm Oil Council chairman Datuk Lee Yeow Chor.

Bank Negara to sell special coins via public balloting

7 August 2017

KUALA LUMPUR: Bank Negara Malaysia (BNM), which will issue commemorative coins to celebrate the 100th anniversary of the Malaysian palm oil industry, is selling the coins through public balloting to ensure fairness in distribution to intended buyers.

Malaysian palm oil futures recovered from their lowest in 1-1/2 weeks on Friday to trade slightly higher in the evening, underpinned by an improving export demand.

Malaysian palm oil/Vegoils: Market factors to watch Monday Aug 7

7 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Aug 7.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange rose 0.2 percent to 2,608 ringgit ($609.77) at the close of trade.

Malaysian palm oil price recovers from 1-1/2 week low on rise in export demand

5 August 2017

KUALA LUMPUR: Malaysian palm oil futures recovered from their lowest in 1-1/2 weeks on Friday to trade slightly higher in the evening, underpinned by an improving export demand.

Govt allocates RM130mil for oil palm owners to obtain certification

5 August 2017

PUTRAJAYA: The Government has allocated RM130mil as an incentive for oil palm smallholders to help them obtain Malaysia Sustainable Palm Oil (MSPO) certification for free.

Mah says that through the MSPO certification scheme, the palm oil products will be able to obtain premium prices in the international market. - Bernama pic

Govt sets aside RM130mil to help smallholders get MSPO certification

4 August 2017

PUTRAJAYA: The Federal Government has agreed to allocate RM130mil as an incentive for oil palm smallholders so that they can obtain Malaysia Sustainable Palm Oil (MSPO) certification for free.

Malaysian palm oil futures fell for a third straight session on Thursday, hitting their lowest in a week due to forecasts for rising output and weaker performing related edible oils

Malaysian palm oil/Vegoils: Market factors to watch Friday Aug 4

4 August 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Aug 4.

The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange closed down 1.4 percent at 2,604 ringgit ($608.84). It earlier dropped to an intraday low of 2,602 ringgit, its weakest since July 26.

Palm falls for 3rd session on forecasts for rising output

4 August 2017

KUALA LUMPUR: Malaysian palm oil futures fell for a third straight session on Thursday, hitting their lowest in a week due to forecasts for rising output and weaker performing related edible oils.

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