|
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
The palm oil deficit
Last week’s report that Nigeria would lose N270 billion in three years through the importation of palm oil should jolt every Nigerian to the reality that the country is not doing nearly enough for its self-sustenance and prosperity. The figure is based on December 2019 World Bank’s price index for crude palm oil.
Perkokoh Kapasitas Petani Sawit Lewat Smallholder Trainer Academy
InfoSAWIT, BANGKOK - Selain menerbitkan standar baru bagi petani sawit swadaya, pada gelaran 17th Annual Roundtable Conference on Sustainable Palm Oil (RT17) juga tercatat ada peluncuran inisiatif baru, Akademi Pelatihan Petani RSPO (Smallholder Trainer Academy /STA) yang bertujuan untuk secara signifikan meningkatkan sumber daya yang tersedia untuk petani swadaya secara global.
Palm oil reverses gains as pandemic fears shake market
KUALA LUMPUR: Malaysian palm oil futures erased early gains and ended lower on Wednesday, rattled by weakness in global markets as coronavirus cases spiked outside China and sparked fears of a pandemic.
Argentina agriculture ministry suspends registration of exports
BUENOS AIRES, Feb 26 (Reuters) - Argentina's Ministry of Agriculture suspended on Wednesday the registration of agricultural exports until further notice, it said in a statement, a move that traders said likely foreshadowed a steep increase in grains export tariffs.
Blockchain, direct to consumer communication can help uplift palm oil's image
MANCHESTER (Feb 25): The application of blockchain technology in the palm oil industry would indicate the existence of a trusted solution in place to prove provenance, certify sustainability and encourage the industry positive growth, a consulting firm involved in blockchain said.
Crude palm oil futures hit 4-month low on uncertain market sentiment
KUALA LUMPUR, Feb 25 — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives plunged to below RM2,500 per tonne, its lowest since November 2019, dragged down by uncertain market sentiment.
Indonesia's Pertamina seeks palm oil supply guarantees for biofuel
JAKARTA, Feb 25 (Reuters) - Indonesia state energy company PT Pertamina asked parliament to cap prices for some crude palm oil (CPO), as the company develops refineries to make fuel from the vegetable oil.
Big impairment and lower CPO prices drag Boustead Plantation's FY19 results
KUALA LUMPUR: Boustead Plantations Bhd’s net loss widened more than twofold to RM144.01 million in the year ended December 31, 2019 (FY19), from a net loss of RM51.78 million recorded a year ago.
Indian rapeseed refiners call for halt to palmolein imports
NEW DELHI (Feb 25): Indian refiners of edible oils urged the government on Tuesday to stop issuing import licenses for palmolein to help avoid a crash in domestic prices of rapeseed.
