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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
RHB Investment Bank keeps ‘buy’ rating for Sarawak Oil Palms on strong sector earnings
RHB Investment Bank Bhd maintained its “buy†call for Sarawak Oil Palms Bhd, and raised its target price for the company to RM4.20 from RM3.75 on the back of strong expected earnings and a decent valuation.
United Plantations posts higher net profit for Q2
United Plantations Bhd posted a net profit of RM123.59 million for the second quarter ended June 30, compared with a net profit of RM75.94 million in the previous corresponding quarter on higher contributions from its plantations and refinery segments.
India Edible Oil: NCDEX soybean futures down on higher acreage
REFINED SOYOIL and CRUDE PALM OIL contracts on the Multi Commodity Exchange of India declined due to a rise in imports in physical markets following easing of locdown restrictions, analysts said.
PM emphasizes shifting focus towards Palm Cultivation
In line with “Aatmnirbhar Bhaarat†program, India’s Prime Minister Mr. Narendra Modi had appealed last week to the farmers in North-East States, to focus more on cultivation of palm, with the sole objective to make India self-sufficient in edible oils.
Forestry partnerships in Jambi help small farmers, resolve conflicts
Many smallholder farmers in Indonesia, who depend on selling fresh oil palm fruit bunches to earn a living, are struggling to survive amid the COVID-19 pandemic, which has affected the country's palm oil exports.
Sustainable Practices In Palm Oil Industry To Accelerate India’s Green Recovery And Atma Nirbharta
In these pandemic times, India has witnessed a cleaner environment but with huge costs to our economy and society.
Asian palm oil producers forecast lower output in 2020
Total palm oil output in top producers Indonesia and Malaysia is expected to fall in 2020 hampered by a labor shortage, and last year’s dry weather and lower fertilizer application, the Council of Palm Oil Producing Countries (CPOPC) said.
US-China tension rises
THE US Government ordered the closure of China’s consulate in Houston in the name of defending intellectual property and private information.
Palm oil to recover in 2H, fuelled by China, India uptake
The local palm oil sector is poised to begin its recovery in the second half (2H) of 2020 following the easing of Covid-19 lockdowns globally.
