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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 keeps itself away from East Asian value chain as it refuses to join RCEP: expert
India is distancing itself from the value chain of the East Asian Economy, and it always wants to pay in little but want too much out of joining international organizations such as the Regional Comprehensive Economic Partnership (RCEP), a Chinese expert said
THE WEALTH IN PALM TREES
Palm tree is one of the richest trees on earth when it comes to natural endowment. No part of palm tree is wasted, every part of it can be converted into monetary gain
Upgrade of Indonesian palm oil certification falls short, groups say
The government is currently drafting the implementing regulations for the Indonesia Sustainable Palm Oil (ISPO) scheme, which should have been issued in mid-April but have been delayed because of the Covid-19 pandemic
Covid-19 daily cases reach record high
US pending home sales grew 16.6 per cent in June compared with 44.3 per cent growth in the previous month. GDP for the second quarter (2Q) fell 32.9 per cent on an annualised rate.
Putting FGV back on track
It has been a year and a half since Datuk Haris Fadzilah Hassan took the helm at ailing plantation giant FGV Holdings Bhd. The ride thus far has had its fair share of challenges, which include disputes with major shareholder Federal Land Development Authority (FELDA), high operating costs and the need to diversify the group's earnings base.
Indonesia B40 biodiesel plan still on track as Covid-19 cases surge past 111,000 mark
Indonesia's plans to raise the bio-content of its palm oil-based biodiesel to 40% - known as B40 - is back on schedule with a target for implementation by July 2021, Coordinating Minister for Economic Affairs Airlangga Hartarto has announced.
Edible oil trade bodies differ on import restrictions
Recently, Soybean Processors Association of India (SOPA) sought a quantitative quota and higher import duty for crude soybean and sunflower oils citing "unbridled and burgeoning" imports of edible oils in India - hurting interests of the farmers and processors.
Peninsular Malaysia, Sabah lead CPO production growth
Malaysia’s crude palm oil (CPO) production staged an impressive recovery of 35 per cent in the second quarter of the year (2Q20), led by Peninsular Malaysia and Sabah
CPO futures to see range-bound trading next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade range-bound next week at between RM2,650 and RM2,750 per tonne, said a dealer.
