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Plantations 26 Jan 2016 | 11:04 PM

Palm oil extends gains on output worries short covering

KUALA LUMPUR: Malaysian palm oil futures rose for a second session and hit a one-week high on Tuesday, buoyed by expectations of lower output and as traders covered their short positions ahead of the Lunar New Year holidays, but gains were restricted as crude oil prices resumed their descent.

Business 14 Jan 2016 | 11:13 PM

Malaysian palm oil price drops on weak demand

KUALA LUMPUR: Malaysian palm oil futures fell on Thursday to reverse its morning session of gains as demand for the vegetable oil wanes on slowing exports.

Plantations 14 Dec 2015 | 11:21 PM

Malaysian palm oil price falls on slow demand, weak crude oil

KUALA LUMPUR: Malaysian palm oil futures fell on Monday, retracing from a two-month high reached in the previous session, as slow demand for palm and weak crude oil prices capped gains.

Business 27 Nov 2015 | 6:38 AM

Malaysian palm oil price rebounds from 1-mth low on expected lower output

JAKARTA: Malaysian palm oil futures rebounded on Thursday from a near one-month low hit in the previous session on falling output, with many palm investors looking for fresh direction from an industry gathering this week on the resort island of Bali.

Business 20 Nov 2015 | 7:14 AM

Malaysian palm oil price drops on weak demand, stronger ringgit

KUALA LUMPUR: Malaysian palm oil futures fell on weak export demand on Thursday, with a stronger ringgit also adding downward pressure on prices.

Business 18 Jul 2012 | 12:00 AM

Er Kok Leong helped uncover potential of palm oil

BACK in the days when the use of palm oil was not as pervasive as it is today, Datuk Er Kok Leong was preoccupied with uncovering the potential of the oil..

Commodities 29 Sep 2014 | 12:00 AM

M’sia eyes capturing 70% of China's palm oil imports

SHANGHAI: Malaysia aims to capture a bigger share of China’s palm oil imports, according to Plantation Industries and Commodities minister Datuk Amar Douglas Uggah Embas.

Commodities 11 Sep 2014 | 12:00 AM

Palm oil stockpile hits 17-month high

PETALING JAYA: Malaysia’s palm oil stockpile has crossed the two-million tonne mark in August, which is at its 17-month high as crude palm oil (CPO) production rose amid the high production season.

Business 09 Dec 2014 | 7:07 AM

Malaysian palm oil gives up gains, down after crude drops to 5-yr low

KUALA LUMPUR: Malaysian palm oil futures ended lower on Monday after crude markets dived to five-year lows, forcing the tropical oil to give up earlier gains which had stemmed from the ringgit plunging to its weakest since Sept. 2009.

Business 06 Jan 2015 | 6:55 AM

Malaysian palm oil falls in choppy trade; oil, ringgit slide

KUALA LUMPUR: Malaysian palm oil futures fell in choppy trade on Monday, dragged lower as oil prices slid to fresh 5-1/2-year lows, although losses in the ringgit and concerns over floods curbing palm supply propped up the market