Mei Mei Chu

Global vegoils prices set to fall in 2022 on strong output recovery -Mielke

Oct 17 2021

KUALA LUMPUR Global vegetable oil prices, which have hit multi-year highs in recent months, are set to decline during the first half of 2022 due to a strong recovery in production and inventories, leading analyst Thomas Mielke forecast on Monday.

Palm prices seen firm until Feb, but could ease from March –analyst Mistry

Sep 25 2021

PANAJI, India (Reuters) -Malaysian crude palm oil prices, which have hovered near last month's record highs, will stay firm until February, but start to ease from March, on rising output in the top two producer nations, leading industry analyst Dorab Mistry said on Saturday.

VEGOILS-Palm falls to over one-week low on higher Indonesia, Malaysia supply

Sep 10 2021

* Malaysia's Sept. 1-10 exports up between 50%-57% (Updates with closing prices, adds milestone)

VEGOILS-Palm oil falls for 2nd day on higher Indonesia, Malaysia supply outlook

Sep 10 2021

* Malaysia's Sept. 1-10 exports up between 50%-57% (Updates with midday prices, adds details and quotes)

Malaysia's August palm oil stockpiles jump 25% to 14-month peak

Sep 10 2021

KUALA LUMPUR Malaysian palm oil inventories in August climbed more than expected to their highest in over a year, as production recovered strongly and exports plunged, data released by the nation's palm oil board showed on Friday.

Rats, drought and labour shortages eat into global edible oil recovery

Sep 05 2021

PERAK, Malaysia/SINGAPORE In a sprawling oil palm plantation in the Malaysian state of Perak, watermelon seedlings are sprouting from freshly ploughed earth between palm saplings while rented cows graze in overgrown areas of the estate.

Malaysia's end-August palm oil stocks soar as output rises, exports fall

Sep 03 2021

KUALA LUMPUR Malaysia's palm oil inventories at the end of August jumped to its highest in over a year as production rebounded amid a steep fall in exports.

UPDATE 1-Malaysia's Petronas posts Q2 profit amid fragile recovery in prices, demand

Aug 27 2021

KUALA LUMPUR, Aug 27 Malaysian state energy giant Petronas announced a flip to a second-quarter profit on Friday on the back of a recovery in prices and demand, but said it will be a "long, drawn out process" before the industry returns to pre-pandemic levels.

Malaysia's new PM retains finance minister, senior figures in cabinet

Aug 27 2021

KUALA LUMPUR Malaysian Prime Minister Ismail Sabri Yaakob unveiled his cabinet on Friday, re-appointing the finance minister and several others from the previous administration, in the hope of restoring political stability amid a COVID-19 crisis.

Malaysia's new prime minister brings graft-tainted party back to power

Aug 20 2021

KUALA LUMPUR (Reuters) -Malaysia's king appointed Ismail Sabri Yaakob as the prime minister on Friday, returning the job to a party tainted by graft accusations as the southeast Asian nation grapples with a COVID-19 surge and an economic slump.

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