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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
Experts chart roadmap to AfCTA’s July 2020 take-off
As the July 2020 proposed take off of the implementation of the African Continental Free Trade Agreement (AfCFTA) draws closer, economic and trade analysts have listed some steps that should be taken by governments on the continent to ensure successful take-off of the pact in the face of COVID-19 disruptions in most economies
Food supply
Cooking oil: We import over a million tons of palm oil a year. For the record, the global per capita average is around 4 kilograms a year while we end up consuming two to three times that average. Yes, palm oil has a “high saturated fat content which can be harmful to cardiovascular health.â€
Covid-19: India asks FTA partners to temporarily allow imports without certificate of origin
India has asked the countries, with which it has free trade agreements (FTAs), to allow imports of goods without certificate of origin for the time being as the domestic authorities are currently not issuing the document on account of lockdown due to COVID-19 pandemic
Malaysia to pilot blockchain for sustainable palm oil
Blockchain firm BloomBloc and the Malaysian Palm Oil Council (MPOC) are piloting a traceability platform to improve palm oil supply chains and revenues. The initiative was announced at the recently held World Economic Forum (WEF) in Davos, Switzerland. Bloombloc has offices in Switzerland and Malaysia
VEGOILS-Palm oil rises for third day on supply concerns as Malaysia extends lockdown
Malaysian palm oil futures rose for a third session on Thursday as the extension of a coronavirus-driven lockdown in the world's second-largest palm producer deepened supply concerns, although falling demand capped gains.
Indonesia's crude palm oil export plunges as coronavirus pandemic erodes demand
Exports of crude palm oil (CPO) from Indonesia fell heavily in January as the novel coronavirus pandemic has drifted global demand.
Indonesia's January palm oil exports down 32% y/y -palm oil group
Indonesia, the world's top palm oil producer, exported 2.39 million tonnes of palm oil in January, including refined products, Indonesia Palm Oil Association (GAPKI) data showed on Thursday.
Malaysian palm ends lower
Malaysian palm oil futures closed lower on Thursday as worries over a disruption in demand deepened after several nations, including top buyer India, enforced lockdowns to stem the spread of the coronavirus
Palm oil prices fall on low demand fears
Malaysian palm oil futures closed lower as worries over a disruption in demand deepened after several nations, including top buyer India, enforced lockdowns to stem the spread of the coronavirus
