KUALA LUMPUR, March 11 — Malaysia’s total palm oil stocks fell five per cent to 1.92 million tonnes at the end of February 2024 from 2.02 million tonnes in January 2024, according to the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, March 6 — Malaysia has won a case against the European Union (EU) over the Delegated Act that discriminates against palm oil biofuels produced in the country, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR, March 5 — The Malaysian palm oil market is expected to remain positive in 2024, with strong demand from top export destinations like India with 17.4 per cent of the share, China (9.1 per cent), and the European Union (7.4 per cent), said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR, March 5 — The Plantation and Commodities Ministry envisions a feasible business model that can consolidate independent smallholders to increase palm oil yield, said its Minister Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR, March 5 — The Malaysian Palm Oil Council (MPOC) has secured a total  potential sales of RM705 million from a business matching session during Trade and Networking Visit for the Middle East and Northern African (Mena) buyers recently.

KUALA LUMPUR, Feb 28 — The Middle East and North Africa (Mena) region has remained a key export market for Malaysian palm oil, with exports at 2.42 million tonnes or 16 per cent of the nation’s total palm oil exports last year, according to the Malaysian Palm Oil Council (MPOC).

KUALA LUMPUR, Feb 20 — BMI Country Risk and Industry Research (BMI), a product of Fitch Solutions Group Ltd, has made an upward revision to its forecast for the average price of Bursa Malaysia-listed third-month palm oil futures contracts in 2024 to RM3,750 per tonne from RM3,515 per tonne previously.

KUCHING, Feb 17 — Malaysia is on the right track to obtain the European Union’s (EU) “green light” in the near term for the recognition of the Malaysian Sustainable Palm Oil (MSPO) certification scheme, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR, Feb 15 (Bernama) -- Palm oil prices are expected to remain resilient, trading above RM3,700 in February with resistance at RM3,950 amid the weak global demand for vegetable oil.

KUALA LUMPUR, Feb 8 — The Plantation and Commodities Ministry and the Council of Palm Oil Producing Countries (CPOPC) plan to further strengthen collaboration between Malaysia and Indonesia to benefit the palm oil industry in both countries.

KUALA LUMPUR, Feb 7 — The Plantation and Commodities Ministry intends to make Egypt an essential part of its plan to expand Malaysia's palm oil exports to the African continent through the Suez Canal Economic Zone.

KUALA LUMPUR, Jan 29 — Malaysian palm oil is sustainable, and its zero-tariff rate would be beneficial, according to the Trade and Agriculture Commission (TAC), an expert advisory group to the United Kingdom (UK) government.

KUALA LUMPUR, Jan 11 — The price outlook for palm oil remains optimistic in 2024, with an expected average trading price of RM4,000 per tonne, according to the Malaysian Palm Oil Council (MPOC).

KUALA LUMPUR, Jan 10 — Malaysia’s total palm oil stocks fell by 4.64 per cent to 2.29 million tonnes in December from 2.40 million tonnes in November, according to the Malaysian Palm Oil Board (MPOB).

NEW DELHI, Dec 15 — India imported 217,847 tonnes of palm oil from Malaysia in November as the country's overall vegetable oil imports rose 13 per cent during the month.

KUALA LUMPUR, Dec 15 — Sime Darby Plantation Bhd (SDP) has achieved a global milestone as the first palm oil company to have its net-zero targets approved by the Science Based Targets initiative (SBTi).

KUALA LUMPUR, Nov 30 — Malaysia’s palm oil exports are worth RM51.40 billion with a volume of 12.34 million tonnes for the period from January to October this year, according to the Plantation and Commodities Ministry (KPK).

KUALA LUMPUR, Nov 30 — The growing demand for palm oil should silence the voices of anti-palm oil campaigners, who make allegations about palm oil having higher saturated levels of fatty acids and that it should not be used in the food system, said the former director-general of the Malaysian Palm Oil Board (MPOB) Tan Sri Yusof Basiron.

BEIJING, Nov 19 — The official visit of v Prime Minister Datuk Seri Fadillah Yusof to China ended successfully with the country committing to closer cooperation, especially in the fields of agriculture and palm oil commodities.

BEIJING, Nov 16 — Malaysia’s palm oil and palm oil-related exports to China are expected to increase this year, if not maintained at last year's level, said Deputy Prime Minister Datuk Seri Fadillah Yusof.