KUALA LUMPUR, 12 Feb — Malaysia exported 54,665 tonnes of palm oil and palm-based products worth RM288.23 million to Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and Turkmenistan in Central Asia in 2024, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.
KUALA LUMPUR, Nov 18 — The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
KUALA LUMPUR, Oct 7 — The Malaysian Palm Oil Council (MPOC) has commended the European Commission’s (EC) decision to delay the implementation of the European Union Deforestation Regulation (EUDR) until December 30, 2025.
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 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 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, 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, Aug 30 (Bernama) -- As the main entity to promote Malaysian palm oil, the Malaysian Palm Oil Council (MPOC) has played its role in nation-building to spearhead economic growth.
KUALA LUMPUR, June 22 — The Malaysian palm oil industry is poised to capitalise on the vast opportunities offered by the Philippines, Vietnam, and Myanmar, following a two-day trade and networking session hosted by the Malaysian Palm Oil Council (MPOC) this week.
KUALA LUMPUR, June 11 — Deputy Prime Minister Datuk Seri Fadillah Yusof recently led a highly successful mission to meet key European Union (EU) lawmakers to seek solutions regarding the bloc’s unjust deforestation law, called the European Union Deforestation-free Regulation (EUDR), which could dampen the palm oil industry.
KUALA LUMPUR, April 19 — The Malaysian Palm Oil Council (MPOC) is optimistic that Malaysia can maintain and even grow its palm oil market share in India, Europe, Central Asia and the Middle East.
KUALA LUMPUR, April 6 — The Malaysian Palm Oil Council (MPOC) has garnered RM66 million in potential sales in a recent trade and networking visit to Kazakhstan and Uzbekistan.
KUALA LUMPUR, March 23 — The Malaysian Palm Oil Council (MPOC) has appointed United Plantations Bhd’s vice-chairman and chief executive director Datuk Carl Bek-Nielsen as its new chairman, effective May 1, 2023.
KUALA LUMPUR, March 22 — The Malaysian Palm Oil Council (MPOC) will continue to engage with the European Union (EU) to demand changes to the EU Deforestation Regulation (EUDR).
KUALA LUMPUR, March 1 — The Malaysian Palm Oil Council (MPOC) said that despite engagements and consultations, there was no commitment forthcoming from the European Union (EU) on key concerns that the government and council have set out.
KUALA LUMPUR, Dec 7 — While a provisional agreement on the European Commission’s Proposal for the Deforestation-Free Products Regulation has been reached, Malaysia should continue to engage with the European Union (EU) regarding the new regulation and future implementing rules, says the Malaysian Palm Oil Council (MPOC).
KUALA LUMPUR, Nov 14 — Malaysia's palm oil board on Monday warned of a tough 2023 for the market for the world's most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year.
KUALA LUMPUR, Sept 29 — Malaysian oil palm plantations are in urgent need of foreign labour, as there has been a shortage of 75,000 foreign workers since last year.
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.
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