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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
India’s palm oil imports fall in August
New Delhi: India’s import of palm oils declined 13.86 per cent to 7,34,351 tonne in August 2020, on account of tightened norms on the shipment of RBD Palmolien, Industry body Solvent Extractors Association (SEA) said on Thursday.
Palm oil ends two weeks of gains
KUALA LUMPUR: Malaysian palm oil futures logged their first weekly drop in three on Friday, as rising production and worries over demand outweighed cargo surveyor data showing strong exports in September so far. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed down 3 ringgit, or 0.11%, at 2,811 ringgit ($677.19).
T to encourage oil palm cultivation
With a great demand for oil seeds in the state, the government is encouraging oil palm cultivation, agriculture minister S Niranjan Reddy said.
Palm oil slips
Malaysian palm oil futures inched down on Thursday, falling for a second straight day on lower-than-expected Sept.
Crude palm oil stocks up 7.09% in August — MPOB
Malaysia's crude palm oil (CPO) stocks increased by 7.09% to 930,295 tonnes in August from 868,664 tonnes in the preceding month, the Malaysian Palm Oil Board (MPOB) said in its latest report on the industry’s performance for the month of August.
Mondelez makes progress in sustainable palm oil sourcing
According to the manufacturer, progress has been made in advancing requirements for traceable, forest-monitored palm oil and confirmed strong progress against sustainable sourcing goals.
VEGOILS-Palm oil rises on hopes of improving September exports
Malaysian palm oil futures edged higher on Thursday on hopes of stronger September exports, although investors traded cautiously ahead of official supply and demand data due later in the day.
Cameroon seeks suppliers for 3 palm oil extraction plants and mini-power plants
The Ministry of Agriculture and Rural Development recently issued an international call for tenders to select firms that will supply it with three palm oil extraction plants and mini-power plants.
New palm oil slogan is more universal — Willie Mongin
The new slogan for palm oil campaign, ‘Palm Oil is God’s Giftâ€, is more universal and acceptable worldwide, Deputy Minister of Plantation Industries and Commodities Willie Mongin told the Dewan Negara today.
