Malaysian palm oil stocks up 0.5 pct to 1.75 mln tonnes in May - MPOB
MPOB said the country's crude palm oil (CPO) stocks rose 1.59 per cent to 979,352 tonnes in May from 964,049 tonnes recorded in April.
Mon Jun 10 2024
India imported 285,829 tonnes of palm oil from Malaysia in April
The imports from Malaysia comprised 50,181 tonnes of refined, bleached, and deodorised palmolein and 227,649 tonnes of crude palm oil.
Wed May 15 2024
Stocks sink, oil surges on reports of Middle East attacks
Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East
Fri Apr 19 2024
[COLUMNIST] Are we ready to elevate the quality standard of crude palm oil?
The national palm oil extraction rate could potentially be impacted if the recycling of secondary oil to CPO is prohibited.
Mon Apr 01 2024
Malaysia's palm oil stocks fall 4.64 pct to 2.29 mln tonnes in December
MPOB said crude palm oil (CPO) inventory decreased by 9.43 per cent to 1.20 million tonnes last month from 1.32 million tonnes in November.
Wed Jan 10 2024
Malaysia, Indonesia to discuss CPO benchmark pricing - Fadillah
Fadillah said the matter needs to be discussed jointly as Indonesia's plans will affect the entire oil palm industry chain, not just Malaysia.
Thu Jan 26 2023
Putin bans Russian oil exports to countries that implement price cap
Some analysts have said that the cap will have little immediate impact on the oil revenues that Moscow is currently earning.
Wed Dec 28 2022
Ringgit appreciates vs US dollar in early trade
Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida
This is due to the resumption of Indonesia's palm oil export levy beginning Sept 1, and the expected decline in palm oil production in Q4.
Mon Jul 25 2022
Russia is China's top oil supplier for 2nd month, Saudi volumes tumble - Data
Imports of Russian oil totalled 7.29 million tonnes, up nearly 10 pct from a year ago.
Wed Jul 20 2022
Cautious sentiment weighs on Bursa Malaysia at the opening
Crude palm oil was stagnant at the RM5,090-per-tonne level while Brent crude ended at almost the US$112-per-barrel mark.
Mon Jul 04 2022
China's May oil imports from Russia soar 55 pct to a record, surpass Saudi supply
Imports from Malaysia more than doubled in May yr/yr.
Mon Jun 20 2022
Govt has enough money to continue fuel subsidy, says Tengku Zafrul
The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.
Fri Jun 10 2022
EU agrees Russia oil embargo, gives Hungary exemptions; Zelenskiy vows more sanctions
Russian analysts and traders said the phasing-in of the embargo gave Moscow time to find new customers in Asia.
Wed Jun 01 2022
Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister
Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.
Thu May 26 2022