Doppa Welcomes RM1.4 Bln Allocation For Oil Palm Replanting Under 13MP

KUCHING, Aug 8 (Bernama) -- The Sarawak Dayak Oil Palm Planters Association (Doppa) said the federal government’s allocation of RM1.4 billion for oil palm replanting under the 13th Malaysia Plan (13MP) is a timely move to rejuvenate ageing plantations, particularly for independent smallholders in the state.

CPO Futures End Higher On Slower Production Outlook

By K.Naveen Prabu

KUALA LUMPUR, Aug 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, rebounding from earlier losses on expectations of a slower production pace in the coming weeks.

SD Guthrie FY2025 Earnings Seen Firm, Softer In Second Half - Analysts

KUALA LUMPUR, Aug 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects SD Guthrie Bhd’s financial year 2025 (FY2025) earnings to remain robust, although performance in the second half (2H) may ease slightly.

CPO Futures End Lower On Rising Production Concerns

By K.Naveen Prabu

KUALA LUMPUR, Aug 7 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over rising production and weak demand in the coming weeks.

CPO Futures End Lower On Rising Supply Concerns

By K.Naveen Prabu

KUALA LUMPUR, Aug 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today due to concerns about rising domestic production and inventory levels in the coming weeks.

KPK Reviewing Allocation Needs For New Rubber Planting In Ranau

KUALA LUMPUR, Aug 5 (Bernama) -- The Ministry of Plantation and Commodities (KPK) through the Malaysian Rubber Board, is re-evaluating the need to increase allocations for the opening of new rubber planting areas, particularly in hardcore poverty areas such as Ranau.

CPO Futures End Higher On Stronger Biofuel Demand, Output Concerns

By K.Naveen Prabu

KUALA LUMPUR, Aug 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, buoyed by expectations of rising biofuel demand. 

Rise In FFB Prices Among Main Reasons For Low Oil Palm Replanting Rate In 2024 - Johari

KUALA LUMPUR, Aug 5 (Bernama) -- The increase in the price of fresh fruit bunches (FFB) is one of the main contributing factors for the low replanting rate in 2024, said Minister of Plantation and Commodities, Datuk Seri Johari Abdul Ghani.

CPO Futures End Lower On Rising Production, Weaker Soybean Oil Prices

By K.Naveen Prabu

KUALA LUMPUR, Aug 4 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, weighed down by concerns over rising domestic production and inventory levels in the coming weeks.

Over 5.03 Million Hectares Of Oil Palm Plantation In Malaysia Under MSPO Certification Scheme

MELAKA, Aug 4 (Bernama) -- A total of 5.03 million hectares or 89.6 per cent of the oil palm plantation area in Malaysia has been certified under the Malaysian Sustainable Palm Oil (MSPO) certification scheme as of June 30 this year, said Deputy Minister of Plantations and Commodities Datuk Chan Fong Hin.

Govt To Allocate RM1.4 Bln For Oil Palm Smallholders Replanting Programme Under 13MP -- Johari

JOHOR BAHRU, Aug 3 (Bernama) -- The government is expected to allocate RM1.4 billion in phases over five years to strengthen the oil palm replanting program for smallholders under the 13th Malaysia Plan (13MP), said Minister of Plantation Industries and Commodities Datuk Seri Johari Abdul Ghani.

CPO Futures Set To Trade With Downward Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downward bias next week due to the expectation of weak demand, palm oil trader David Ng said.