” to inspire the sustainability of oil palm and other plantation crops for long term profitability and growth “

Web banner 1
web banner

Current News

 
  • Global palm oil output likely to rise by 6 million tonnes

    Global palm oil output likely to rise by 6 million tonnes

    KUALA LUMPUR: Global palm oil output is expected to increase by six million tonnes in 2017 as oil palm trees were recovering from the adverse effects of the El Nino, says a leading industry analyst Thomas Mielke.

    He said the current good weather, particularly in Malaysia and Indonesia, the world’s top two producers was also aiding output.

    In 2016, palm …

    Read more →

  • Let’s light up palm oil history

    Let’s light up palm oil history

    The industry’s centenary this year is a learning opportunity not to be wasted

    THE Malaysian palm oil industry turns 100 this year. Pinpointing the start of an industry this old is often tricky, but in this case, the birth is widely recognised as the first time that oil palm was planted commercially in this country.

    That was in 1917. The …

    Read more →

  • Cabinet agrees to postpone levy payment on foreign workers to 2018

    Cabinet agrees to postpone levy payment on foreign workers to 2018

    PUTRAJAYA, Jan 11 — The Cabinet has agreed to postpone to next year, the implementation of levy payment on foreign workers by employers, which will be enforced under the Employer Mandatory Commitment (EMC).

    Transport Minister Datuk Seri Liow Tiong Lai said the Cabinet today, had also agreed to look into a proper ecosystem, aimed at providing convenience to industries in …

    Read more →

  • Nutella maker defends palm oil

    Nutella maker defends palm oil

    Ferrero runs TV commercial to allay fear over cancer risk

    ALBA: The US$44bil palm oil industry, under pressure in Europe after authorities listed the edible oil as a cancer risk, has found a vocal ally in the food sector: the maker of Nutella.

    Italian confectionery firm Ferrero has taken a public stand in defence of an ingredient that some other …

    Read more →

  • Oil palm planters to benefit from strong dollar, limited supply

    Oil palm planters to benefit from strong dollar, limited supply

    KUALA LUMPUR: OIL palm planters can look forward to encouraging palm oil pricing on the back of a strong US dollar and limited supply of the oil as palm trees are still recovering from the El Nino weather phenomenon. In the past two years, oil palm trees have been bearing less fruit. This year, palm oil production in Indonesia and …

    Read more →

  • Proposed Amendments To The MPOB ACT 1998 (ACT 582) – Call for Views

    Proposed Amendments To The MPOB ACT 1998 (ACT 582) – Call for Views

    To : All Registered Members

    Please be informed that MPOB has proposed several amendments to the MPOB Act relating to commercialization, enforcement and investments. Attached are the detailed proposed amendments to the various sections of the Act for your kind attention.

    MPOB Act Proposed Amendments.pdf

    We would appreciate receiving your views/comments on or before 18 November 2016 for collation by …

    Read more →

  • Malaysia delays B10 biodiesel mandate amid rise in palm oil prices

    Malaysia delays B10 biodiesel mandate amid rise in palm oil prices

    KUALA LUMPUR: Malaysia has decided to delay the B10 biodiesel mandate as palm oil prices have risen considerably, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong. “For the past couple of weeks, we’ve seen the gap between palm oil and diesel prices widening at the current volatile market,” he told Business Times in an interview today. “Palm …

    Read more →

 

RSS Palm Oil News

  • TDM Bhd expects higher crop output with new estate design May 26, 2017
    TDM Bhd is expecting higher crop output after it adopted a new oil palm estate design under its replanting exercise. Under the new layout, it is possible to increase the number of oil palm trees from 110-112 per hectare to 145-160 per ha – a hike of over 30 per cent. Group managing director Datuk […]
  • PPB Group gets profit boost from associate Wilmar May 26, 2017
    PPB Group Bhd recorded a 45% increase in net profit to RM358mil for the first quarter ended March 31, 2017, from RM246.24mil a year ago. The conglomerate attributed the growth to its associate company, agribusiness firm Wilmar International Ltd, as well as an improved performance in its consumer products segment. “Most of the group’s other […]
  • Palm rebounds from 3-wk low on data showing stronger exports May 26, 2017
    Malaysian palm oil futures came off three-week lows on Thursday to trade about half a percent higher and were headed for their first gain in three sessions after cargo surveyor data showed stronger export demand in May. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was up 0.4% at […]
  • Malaysian palm oil price rebounds from three-week low on stronger export data May 26, 2017
    Malaysian palm oil futures moved off three-week lows on Thursday to trade about 1 percent higher for their first gain in three sessions after cargo surveyor data showed stronger export demand in May. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was up 1 percent at 2,607 ringgit ($609.54) […]
  • Palm oil price hits near 3-week low, tracks rival soyoil May 25, 2017
    KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent on Wednesday evening, dipping to their lowest in nearly three weeks, as they tracked weaker-performing soyoil on the Chicago Board of Trade and China's Dalian Commodity Exchange.

MPOA Video Channel