Archived News
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.
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
Minister: M’sia palm oil exports rise by 55.2 pct from Jan-June 2022
09/08/2022 (Borneo Post Online), Kuching - Malaysia’s palm oil and palm-oil based products export rose by 55.2 per cent between January and June this year to RM67.48 billion, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
10-08-2022
Malaysia’s palm oil potential remains intact despite softening CPO prices: MPIC
09/08/2022 (The Sun Daily) - Malaysia’s palm oil potential remains intact despite softening crude palm oil (CPO) prices, and its prospects will remain bright in the second half of 2022 (2H 2022).
10-08-2022
Zuraida: Malaysia's palm oil potential remains intact despite softening CPO prices
09/08/2022 (The Edge Markets), Kuala Lumpur - Malaysia’s palm oil potential remains intact despite softening crude palm oil (CPO) prices, and its prospects remain bright in the second half of 2022 (2H22), according to Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
10-08-2022
CPO price to trade range-bound in near term
09/08/2022 (The Star Online), Kuala Lumpur - The price of crude palm oil (CPO) could trade in a range-bound level after a steep correction from a peak in June, research house UOB Kay Hian Research’s (UOBKH) says.
09-08-2022
Palm climbs nearly 5% as rival oils strengthen
08/08/2022 (Hellenic Shipping News) - Malaysian palm oil futures jumped 4.9% on Monday, erasing some sharp losses recorded last week, as markets tracked gains in rival Dalian and Chicago oils.