KUALA LUMPUR, Jan 10 — Malaysia’s total palm oil stocks fell 4.09 per cent to 2.19 million tonnes in December last year from the 2.29 million tonnes recorded the month before.

PUTRAJAYA, Dec 1 — The retail prices of cooking oil for the period December 8, 2022, to Jan 7, 2023, will remain unchanged, said Domestic Trade and Consumer Affairs Ministry’s (KPDNHEP) secretary-general Datuk Azman Mohd Yusof.

KUALA LUMPUR, July 13 — Crude palm oil (CPO) prices are expected to average RM5,300 per tonne in the second half (H2) of 2022, lower than in the first half due to expectations of higher global vegetable oil supply, higher CPO production especially in the third quarter, as well as lower palm oil exports, says the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, June 28 — Some palm oil millers have temporarily halted production following a dramatic plunge in prices of the edible oil, a senior official from a miller's association said on Monday.

JAKARTA, April 27 — Indonesia will halt shipments of refined, bleached and deodorised (RBD) palm olein, effective April 28, 2022, Coordinating Minister for Economic Affairs Airlangga Hartarto said.

KUALA LUMPUR, April 25 — Malaysia is set to benefit from palm oil importers shifting demand from Indonesia to Malaysia following Indonesia's ‘surprising’ and ‘unexpected measure’ to impose an export ban on the commodity, which will also further raise overall global vegetable oil prices, Public Investment Bank said.

KUALA LUMPUR, Nov 2 —  Moody's Investors Service has raised its price sensitivity range for crude palm oil (CPO) to between RM2,800 and RM3,200 per tonne from between RM2,200 and RM2,600 per tonne through 2022.

PUTRAJAYA, July 28 —  The government has set the maximum retail prices for pure palm cooking oil in bottled packaging effective Aug 1, with an assurance that consumers can obtain the commodity at under RM30 for a five kilogramme (kg) bottle.

KUALA LUMPUR, April 22 — Malaysia’s crude palm oil (CPO) price stood at RM4,306.50 per tonne on April 21, surpassing the previous peak of RM4,270 per tonne recorded on April 9, 2021, the Malaysian Palm Oil Board (MPOB) said.

KUALA LUMPUR, April 12 — Malaysian crude palm oil (CPO) stocks continued to increase in March 2021, growing 12.37 per cent to 742,742 tonnes from 660,987 tonnes the month before, according to the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, April 5 — Malaysia’s crude palm oil (CPO) exports are expected to see a moderate recovery with the CPO production reaching 19.6 million metric tonnes (MT) for 2021 compared with 19.14 million MT last year, the Malaysian Palm Oil Council (MPOC) said.

KUALA LUMPUR, March 24 — Malaysia's biodiesel exports are expected to fall to a four-year low of 350,000 tonnes this year, dragged down by pressure from the European Union (EU) restrictions as well as the Covid-19 pandemic, said Malaysian Biodiesel Association (MBA) president UR Unnithan.

KUALA LUMPUR, March 17 — Malaysia is maintaining the export tax for crude palm oil (CPO) at eight per cent for April 2021.

KUALA LUMPUR, Dec 18 — Southeast Asia needs to gather the region’s top leadership and push the agenda towards a more global solution pertaining to palm oil issues that involve standard certification, while helping to diminish the discrimination against the commodity in the European Union (EU), said Dr Isabelle Tsakok, an economist and consultant in agriculture and rural development.

SHAH ALAM, Dec 14 — Selangor deputy police chief, Datuk Arjunaidi Mohamed was appointed as the acting Selangor police chief effective today.

KUALA LUMPUR, Dec 1 — The Malaysia Estate Owners’ Association (MEOA) is appealing for various taxes on the oil palm industry to be suspended or abolished, calling them “unfair”.

KUALA LUMPUR, Nov 30 — The Malaysian Palm Oil Board (MPOB) is likely to raise RM100 million in additional cess next year with the proposed cess increase of RM5 for every tonne of crude palm oil (CPO) and crude palm kernel oil for a year, effective January 2021.

KUALA LUMPUR, Nov 23 — Sime Darby Plantation Bhd has turned to black in the third quarter ended September 30, 2020 (Q3 2020) after recording a net profit of RM190 million against a net loss of RM243 million in Q3 2019.