1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The average crude palm oil (CPO) price surged by 9.7 per cent to RM4,179.50 per tonne last year from RM3,809.50 per tonne in 2023, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia’s palm oil exports are expected to increase by 2.4 per cent to 17.30 million tonnes in 2025 from 16.90 million tonnes in 2024, according to the Malaysian Palm Oil Board (MPOB).
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, extending its gains from last Friday.
1y ago
By Nurul Hanis Izmir
PUTRAJAYA, Jan 13 (Bernama) -- Malaysia is keen to position Pakistan as a strategic distribution hub for palm oil exports to Central Asia, capitalising on the country's strategic location and its proximity to emerging high-growth markets, the Malaysian Palm Oil Board (MPOB) said.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Throughout 2024, clean energy solutions provider Gentari Sdn Bhd has charted significant progress in growing and strengthening its position as a regional leader in renewable energy, hydrogen and green mobility in Asia Pacific.
1y ago
KUALA LUMPUR, Jan 11 (Bernama) -- Malaysian palm oil and its products hold significant potential in further enhancing Pakistan’s edible oil and food manufacturing sectors, strengthening the longstanding partnership between both countries, said Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, according to palm oil dealer David Ng.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 10 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, driven by a bullish report from the Malaysian Palm Oil Board (MPOB), said palm oil dealer David Ng.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to the Malaysian Palm Oil Board (MPOB).
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Malaysia’s demand for ferrous metals and their value-added products will be well driven by the roll-out of major local infrastructure projects, according to Kenanga Investment Bank Bhd (Kenanga IB).
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Global air cargo markets saw robust growth in demand in November 2024, with cargo tonne-kilometres surging by 8.2 per cent compared to a year earlier, according to the International Air Transport Association (IATA).