KUALA LUMPUR (Aug 27): Thirteen associations representing the palm oil supply chain have urged the government to review the windfall profit levy (WPL) threshold on oil palm planters, citing current industry challenges and the need to safeguard long-term competitiveness and sustainability of the industry. In a joint statement, the associations ...
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PETALING JAYA: Crude palm oil (CPO) prices are facing renewed pressure as stockpiles climb to a 19-month high, raising concerns over the earnings outlook for plantation players. Regardless, analysts foresee prices to remain elevated between RM3,800 and RM4,500 per tonne for the rest of 2025. CPO futures were trading at ...
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By BHUPINDER SINGHbhupinder@thestar.com.my WITH crude palm oil priced at RM4,000 per tonne, upstream palm oil producers are enjoying strong margins, even as they navigate various operational challenges. Some large planters are shifting more of their production to the spot market instead of forward sales, aiming to capitalise on better prices ...
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KLUANG (May 20): Malaysia’s palm oil waste industry has the potential to generate up to 1,000 megawatts (MW) of renewable energy, according to Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani. He added that the country could unlock significant energy value by capturing and processing palm oil mill ...
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KUALA LUMPUR, Feb 25 (Bernama) — Malaysia, the world’s second- largest palm oil producer, must take the lead in sustainability, taking bold steps to champion sustainable palm oil, especially as the world increasingly focuses on environmental responsibility. Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani emphasised the importance of ...
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The Malaysian Palm Oil Association (MPOA) extends its heartfelt congratulations to our esteemed Chairman, Dato’ Lee Yeow Chor, on being conferred the prestigious Dato’ – Sultan Sharafuddin Idris Shah (DSIS) title by His Royal Highness, the Sultan of Selangor, in conjunction with His Majesty’s 79th birthday. This well-deserved recognition reflects ...
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