Monday, April 12, 2021

crude palm oil

Sarawak has 1.59 million hectares of oil palm plantations

KUCHING: Sarawak has a large acreage of oil palm plantations which is expected to contribute significantly to the state’s socio-economic progress in the future, said Datuk Willie Mongin. The Deputy Minister of Plantation Industries and Commodities revealed that Sarawak had...

Licence to purchase crude palm oil needed

KUCHING: The Ministry of Plantation Industries and Commodities (KPPK) will look into issuing a licence for East Asia Palm Products Sdn Bhd (EAPP) to purchase crude palm oil from nearby oil refining companies. KPPK deputy minister Datuk Willie Mongin said...

India’s import duty revision reduces CPO competitiveness

KUALA LUMPUR: Research firms believe that India’s import duty hike on crude palm oil (CPO) will reduce the price competitiveness of the commodity against other edible oils in the country, resulting higher cooking oil price with higher duties. CGS-CIMB, in...

Study needed to retain supply of crude palm oil in country

KUCHING: Hulu Rajang MP Datuk Wilson Ugak Kumbong has called for a study to be carried out immediately so that the supply of crude palm oil (CPO) in the country is always adequate. He said he is concerned about the...

CPO price movement revolves around petroleum market

KUALA LUMPUR: Petroleum is the key to understanding the palm oil market today as it determines the crude palm oil (CPO) price range via the price band and is also a sign of the state of the world economy,...

Oil palm smallholders’ delight

MIRI: Smallholders in Miri District are expecting better earnings with the price of fresh fruit bunches (FFB) going up. The FFBs currently fetch between RM518, RM580 and RM585 per tonne. Prior to this, the price was below RM300 per tonne. For Theresa Simon, a smallholder...
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