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).

Latest Stories

  • Filter by
Industry expert M.R. Chandran(inset filepic) said the current preference for brownfields among big plantation companies are mostly due to major changes in the global oil palm sustainability requirement scene.  “Strict moratorium imposed on new oil palm planting in Indonesia as well as the EU Parliament’s latest call for a single Certified Sustainable Palm Oil scheme for Europe-bound palm and other vegetable oil exports are putting off local planters’ interest to develop new oil palm cultivation on greenfields,” he told StarBiz recently.

Planters target existing oil palm plantations

24 April 2017

PETALING JAYA: There is increasing appetite for local plantation companies to acquire existing oil palm plantations to expand their hectarages. Since late last year, local planters with deep pockets have been snapping up more brownfield oil palm plantations in Malaysia instead of greenfields as part of their landbank expansion and value creation.

The rise in palm oil mirrored a similar trend in Malaysian futures where the advance was attributed to a technical correction after sharp falls earlier in the week and stronger demand ahead of Ramadan.

European vegoils-Palm oil rises, rapeoil little changed

22 April 2017

LONDON: Palm oil prices on the European vegetable oils market rose on Friday while rapeseed oil offers were little changed in quiet conditions.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was up 1 percent, reaching 2,530 ringgit ($575.26) a tonne at the end of the trading day, after earlier hitting a one-week high of 2,535 ringgit.  Traded volumes stood at 56,109 lots of 25 tonnes each at the close of trade.

Malaysian palm oil price sees second day of gains

22 April 2017

KUALA LUMPUR: 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.

Plantation seized in crude palm oil investment scam probe

22 April 2017

PETALING JAYA: Follow-up raids by the police on a syndicate running an investment scam involving crude palm oil saw the seizure of a plantation.

 Malaysian palm oil futures recorded their biggest daily gain in two weeks on Thursday, ending six sessions of losses as they tracked strength in soyoil and were helped by a technical correction.

Malaysian palm oil/Vegoils: Market factors to watch Friday April 21

21 April 2017

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

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed up 1.6 percent at 2,504 ringgit ($569.61) a tonne.  Turnover for the day totalled 64,542 lots of 25 tonnes each

Malaysian palm oil price rises after six sessions of losses

21 April 2017

KUALA LUMPUR: Malaysian palm oil futures recorded their biggest daily gain in two weeks on Thursday, ending six sessions of losses as they tracked strength in soyoil and were helped by a technical correction.

“The purpose of the agreement is to establish a supply and distribution arrangement of FASSB’s oil palm seeds and product exclusively in Indonesia for the period of three years, subject to the terms and conditions of the agreement,” FGV said

FGV to market seeds in Indonesia, Philippines

21 April 2017

PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has appointed exclusive agents to market its oil palm seeds in Indonesia and the Phillipines.

FGV has secured a licence to market its Felda Yangambi DxP oil palm seeds in Indonesia.

FGV set to export oil palm seeds to Indonesia, Philippines

20 April 2017

KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) is set to export its oil palm seeds to Indonesia - becoming the first Malaysian company to do so - and to grow further its seed business in the Philippines.

Malaysian palm oil futures hit an 8-month low on Wednesday, in a sixth consecutive session of declines, tracking weaker related edible oils and on expectations of rising production and weaker exports, traders said

Malaysian palm oil/Vegoils: Market factors to watch Thursday April 20

20 April 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday April 20.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange lost 0.3 percent, reaching 2,465 ringgit ($560.42) a tonne at the close of trade.  It had hit an intraday low of 2,450 ringgit, its weakest since Aug. 11, with traded volumes reaching 62,923 lots of 25 tonnes each at the end of trading.

Malaysian palm oil price hits 8-month low as rival oils weaken

20 April 2017

KUALA LUMPUR: Malaysian palm oil futures hit an 8-month low on Wednesday, in a sixth consecutive session of declines, tracking weaker related edible oils and on expectations of rising production and weaker exports, traders said

KUB buying Sabah plantation land for RM100.45mil

20 April 2017

PETALING JAYA: KUB Malaysia Bhd is buying an oil palm plantation land in Kinabatangan, Sabah, from Kwantas Corp Bhd for RM100.45mil cash to expand its oil palm business.

The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange edged down 1 percent to 2,473 ringgit ($560.90) a tonne at the end of the trading day.     It earlier fell to an intraday low of 2,468 ringgit, its lowest levels since Aug. 11.           Traded volumes stood at 59,760 lots of 25 tonnes each on Tuesday evening.

Malaysian palm oil price hits 8-month low on concerns over rising output;

19 April 2017

KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday, recording a fifth consecutive session of losses, weighed down by forecasts of rising output and tracking weaker performing rival oils.

 Malaysian palm oil futures lost early gains, sliding to an eight-month low in late trade on Monday, weighed down by expectations of rising output in top producers Malaysia and Indonesia.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday April 18

18 April 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 18..

 The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange was down 0.2 percent at 2,498 ringgit ($567.34) a tonne at the close, having hit 2,486 ringgit for its  weakest since Aug. 12.Palm had been in positive territory, tracking rival oils. It had dropped 4 percent last week, the sharpest weekly decline since Feb. 17.

Malaysian palm oil price slides to 8-month low

18 April 2017

KUALA LUMPUR: Malaysian palm oil futures lost early gains, sliding to an eight-month low in late trade on Monday, weighed down by expectations of rising output in top producers Malaysia and Indonesia.

Malaysian palm oil futures hit a six-month low in evening trade on Friday and were headed for a third consecutive session of declines, weighed down by a stronger ringgit.

Malaysian palm oil/Vegoils: Market factors to watch Monday April 17

17 April 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday March 17.

  • Page 2 of 16

Go to page:

advertisement

Powered by

advertisement

advertisement