17d ago
KUALA LUMPUR, July 15 (Bernama) -- The government will study the need and strategies for creating a national petroleum reserve stock as a measure to ensure energy security and strengthen the country's resilience in the face of geopolitical uncertainties and global supply crises.
18d ago
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains on Tuesday, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT).
19d ago
KUALA LUMPUR, July 13 (Bernama) -- The National Biodiesel Programme is expected to use approximately 1.13 million tonnes of palm oil by the end of 2026, according to the Ministry of Plantation and Commodities (KPK).
19d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, July 13 (Bernama) -- The recent launch of Indonesia's nationwide rollout of the B50 biodiesel mandate presents an opportunity for Malaysia to strengthen its existing palm oil markets while expanding its market share in selected destinations.
21d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week as weaker soybean oil and crude oil prices continue to weigh on market sentiment.
23d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders reacted to Indonesia's official announcement of its B50 biodiesel mandate, which projected lower-than-expected domestic palm oil consumption.
24d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, supported by firmer crude oil prices amid heightened geopolitical tensions in West Asia.
24d ago
KUALA LUMPUR, July 8 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has raised its 2026 and 2027 average crude palm oil (CPO) price assumptions by RM100 per tonne to RM4,450 per tonne and RM4,300 per tonne.
25d ago
KUALA LUMPUR, July 7 (Bernama) -- The government will continue to ensure there are secure and sufficient levels of petroleum from July 2026 to December 2026, according to the Economy Ministry.
30d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday, weighed down by weaker crude oil prices.
1m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, supported by positive sentiment arising from Indonesia's implementation of the B50 biodiesel programme.
Iceberg X Sdn Bhd proprietary trader David Ng said stronger export performance in June also supported market sentiment.
1m ago
KUALA LUMPUR, June 25 (Bernama) -- The implementation of increasing the biodiesel blend to B15 will not affect the supply of cooking oil and the domestic food industry because the additional palm oil usage only represents about 1.5 per cent of the country's total palm oil supply.