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MARKET DEVELOPMENT  
  07-11-2022

CPO futures rebound to end higher on stronger soy oil prices

04/11/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives rebounded to end higher on Friday, lifted by better sentiment brought about by stronger soybean oil prices.

OILS & FATS  
  07-11-2022

China lockdowns overshadow palm oil outlook despite output slowdown

04/11/2022 (The Edge Markets), Nusa Dua - The global outlook for palm oil remains uncertain, with strict pandemic policies in major importer China weighing on demand, while high energy prices and a slowdown in output provide support, leading industry analysts said on Friday (Nov 4).

MARKET DEVELOPMENT  
  07-11-2022

Indonesia continues to promote palm oil as green product in EU

03/11/2022 (Antara News) - Nusa Dua, Bali - The Indonesian government has continued to promote palm oil as an eco-friendly commodity in the European Union (EU) and adhere to global standards for sustainable palm oil production.

OILS & FATS  
  07-11-2022

Last year’s deforestation pledge is off to a slow start

05/11/2022 (The Sun Daily), Sao Paulo - One year after more than 140 countries pledged to halt all deforestation by 2030, little has been done to finance protections or pass new conservation laws, experts say.

OILS & FATS  
  07-11-2022

China lockdowns overshadow palm oil outlook despite slow output

05/11/2022 (The Star Online), Nusa Jaya - The global outlook for palm oil remains uncertain, with strict pandemic policies in major importer China weighing on demand, while high energy prices and a slowdown in output provide support, leading industry analysts say.

OILS & FATS  
  07-11-2022

‘Big Mistake’: Expert Slams Past CPO Export Ban

06/11/2022 (Jakarta Globe), Bali - Indonesia got criticisms at a recent international conference for banning palm oil export earlier this year as the policy was catastrophic, particularly to the developing economies reliant on Indonesian palm oil.

MARKET DEVELOPMENT  
  04-11-2022

Sabah aspires to be global leader in sustainable palm oil production

03/11/2022 (The Star Online), Kota Kinabalu - Sabah aspires to be a global leader in sustainable palm oil production and efforts are being taken towards reaching this goal, says Datuk Seri Hajiji Noor.

MARKET DEVELOPMENT  
  04-11-2022

Indonesia palm oil fund: 2022 crude palm oil output seen at 48.23 mln tonnes

04/11/2022 (Hellenic Shipping News) - Indonesia’s crude palm oil output is seen at 48.23 million tonnes this year and exports of palm oil products are estimated at 23.95 million tonnes, a presentation by the chairman of its palm oil fund agency showed on Thursday.

OILS & FATS  
  04-11-2022

GAPKI optimistic of palm oil industry protecting economy from crisis

03/11/2022(Antara News), Nusa Dua Bali - The Indonesian Palm Oil Association (GAPKI) stated that the domestic palm oil industry can protect the national economy in the face of a possible global crisis next year.

MARKET DEVELOPMENT  
  04-11-2022

Palm oil may rise towards 4,607 ringgit

03/11/2022 (Business Recorder) - SINGAPORE: Palm oil may break a resistance at 4,459 ringgit a tonne and rise towards 4,607 ringgit, to complete a wave E.

MARKET DEVELOPMENT  
  04-11-2022

VEGOILS-Palm snaps three-day rally on demand worries

04/11/2022 (Hellenic Shipping News) - Malaysian palm oil futures on Thursday reversed early gains to snap a three-day rally after hitting a near 12-week peak, as high prices stoked demand concerns.

OILS & FATS  
  04-11-2022

3.4 mln hectares palm plantations in high conservation areas: govt

03/11/2022 (Antara News), Jakarta - The Environment and Forestry Ministry on Wednesday informed that it has identified 3.4 million hectares of palm oil plantations located within high conservation forest areas in Indonesia.