Archived News
11-08-2022
Malaysia's palm oil stocks rise 7.7 pct to 1.77 mln tonnes in July
KUALA LUMPUR, Aug. 10 (Xinhua) -- Malaysia, the world's second-largest palm oil producer, saw its July palm oil stocks rise 7.71 percent from the previous month to 1.77 million tonnes, official data showed Wednesday.
11-08-2022
BASF achieves its palm oil commitment: 100% RSPO-certified palm (kernel) oil sourced in 2021
More than 330,000 metric tons of carbon dioxide avoided by sourcing certified sustainable palm kernel oil BASF has again reached its goal of sourcing all palm (kernel) oils certified from sustainable sources by the Roundtable on Sustainable Palm Oil (RSPO) in 2021.
11-08-2022
Palm oil tracks soyoil lower; key data in focus
Malaysian palm oil futures retreated on Wednesday from a three-day climb, as the contract tracked weakness in rival soyoil.
11-08-2022
Russia may allow rapeseed exports from its region close to Asia
MOSCOW, Aug 10 (Reuters) - Russia's agriculture ministry has proposed to the government that rapeseed exports be allowed from the country's far east, which borders several Asian countries, and from its Baltic exclave Kaliningrad.
11-08-2022
CPO stocks up 2.8% in July — MPOB
KUALA LUMPUR (Aug 10): Malaysia’s crude palm oil (CPO) stocks rose 2.79% to 905,946 tonnes in July, from 881,315 tonnes in the previous month, according to the Malaysian Palm Oil Board (MPOB).
11-08-2022
CPO Reference Price Drops 46 Percent, Trade Ministry Announces
TEMPO.CO, Jakarta - The Indonesian Trade Ministry on Wednesday announced the reference price of crude palm oil (CPO) for the August 9-15 export duty stipulation at US$875.27 per metric ton (MT).
10-08-2022
CPO futures close higher on Aug 9, tracking soybean oil gains on CBOT
10/08/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday (Aug 9), tracking gains on the Chicago Board of Trade (CBOT), a dealer said.
10-08-2022
Palm oil price climbs
09/08/2022 (The Star Online) - Palm oil jumped to the strongest in over a week following a surge in soybean oil after the US senate passed a bill that supports biofuel production and on signs of a recovery in demand in China, the No 2 importer.
10-08-2022
Indonesia lowers export tax threshold on crude palm oil to $680/T –ministry
09/08/2022 (Reuters) - Indonesia on Tuesday lowered its threshold for applying export tax on crude palm oil to a reference price of $680 per tonne, down from $750 per tonne previously, according to a finance ministry regulation.
10-08-2022
Marked increase in palm oil exports and palm-oil based products from Jan-June this year
09/08/2022 (New Straits Times), Kuala Lumpur - Palm oil exports and palm oil-based products rose by 55.2 percent to RM67.48 billion between January and June this year from RM43.47 billion during the corresponding period in 2021.
10-08-2022
CPO futures close higher on Aug 9, tracking soybean oil gains on CBOT
10/08/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday (Aug 9), tracking gains on the Chicago Board of Trade (CBOT), a dealer said.
10-08-2022
Palm oil price climbs
09/08/2022 (The Star Online) - Palm oil jumped to the strongest in over a week following a surge in soybean oil after the US senate passed a bill that supports biofuel production and on signs of a recovery in demand in China, the No 2 importer.