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Official Websites of
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MINISTRY OF
PLANTATION AND COMMODITIES -
No. 15, Level 5-13, Persiaran Perdana, Presint 2, 62654 Wilayah Persekutuan Putrajaya
ARKIB BERITA
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KUALA LUMPUR (May 22): The Ministry of Plantation Industries and Commodities (MPIC) said that Indonesia’s move to lift the ban on palm oil exports, effective May 23, 2022, will see a knee-jerk correction in palm oil price but not a big downward adjustment, as the market is well aware that the ban was temporary.
Minister Datuk Zuraida Kamaruddin, in a statement Sunday (May 22), urged all Malaysian oil palm growers — both plantation firms and smallholders alike — not to be unduly concerned with the recent development.
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KUALA LUMPUR (Nov 5): Malaysia's palm oil inventories at end-October likely swelled to their highest in three and a half years as production improved while imports slumped, a Reuters survey showed on Friday (Nov 4).
Stockpiles were pegged to rise 9.3% from September to 2.53 million tonnes, its largest since April 2019, according to the median estimate of eight traders and analysts polled by Reuters.
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SUMBER: STARBIZ, MS 3
29 JUN 2022
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MALAYSIAN plantation companies will continue to benefit from the bullish commodities supercycle for another two quarters at least which should help sustain investors’ interest in the sector counters in the short term despite yesterday’s selling.
The benchmark FTSE Bursa Malaysia KLCI fell 20 points or 1.27% yesterday to 1,582 points while the Plantation Index fell 4.12% or 334.4 points while the Technology Index fell 3.7% on profit-taking by investors.
