Malaysia eyeing Middle East, Africa

Bisnis Indonesia, 27 March 2019 Malaysia’s Primary Industries Minister Teresa Kok said the Malaysian Palm Oil Council had begun surveying potential crude palm oil (CPO) markets in the Middle East and Africa. Primary Industries Deputy Minister Datuk Seri Shamsul...

India pledges to promote Indonesian CPO

Kompas, 26 March 2019 India has pledged to promote crude palm oil (CPO) as sustainable oil in the country amid various negative campaigns directed towards the commodity. India is the main importer of Indonesia’s CPO with an average of 6.7 million metric tons a...

Global CPO price stuck in red zone

Bisnis Indonesia, 26 March 2019 The global crude palm oil (CPO) price stayed in the red zone on Monday (March 25), following a production increase and a dispute between the European Union and two main CPO exporters, Indonesia and Malaysia. Both countries are...

Palm oil price rebounds

Kontan Harian, 23 March 2019 The benchmark crude palm oil contract for June delivery on the Malaysia Derivatives Exchange fell 0.23% to 2,167 ringgit per metric ton on March 22. However, the average price last week rose 2.60%. According to data compiled by Cargo...