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MARKET DEVELOPMENT
29-09-2023

MPOB to host Int’l Palm Oil Congress and Exhibition 2023 in KL from Nov 7-9

27/09/2023 (The Edge Malaysia), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) will organise the International Palm Oil Congress and Exhibition (Pipoc) 2023, the world’s largest oil palm congress and exhibition, from Nov 7-9, 2023, at the Kuala Lumpur Convention Centre.

MARKET DEVELOPMENT
29-09-2023

CPO futures end higher on strong CBOT, oil prices

27/09/2023 (Malay Mail), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher, tracking the strength in the Chicago Board of Trade (CBOT) soybean oil market, a dealer said.

MARKET DEVELOPMENT
29-09-2023

Palm oil discrimination harms Indonesia's national interests: Official

27/09/2023 (Antara News), Mumbai - Deputy Trade Minister Jerry Sambuaga said on Wednesday that discrimination against Indonesia's palm oil hampers the country's national interests.

OILS & FATS
27-09-2023

Indonesia to pursue legal action against palm firms that use land illegally

26/09/2023 (Channel News Asia), Jakarta - Indonesia's government will pursue legal action against palm oil companies that use land illegally if they do not submit required paperwork related to land use by November, a senior minister Mahfud MD said on Tuesday.

MARKET DEVELOPMENT
27-09-2023

Palm ends lower on weaker rival oils

27/09/2023 (Business Recorder), Singapore - Malaysian palm oil futures closed lower on Tuesday, amid weakness in rival edible and crude oil, although losses were limited by strong export data.

MARKET DEVELOPMENT
27-09-2023

Indonesia plans bio-methane output derived from palm oil to begin 2025

25/09/2023 (S&P Global) Indonesia's state-owned energy company PT Pertamina natural gas subsidy PT Perusahaan Gas Negara TBK(PGN) with three Japanese companies JGC Holdings Corp, Osaka Gas and Inpex Corp have begun a study to commercialize biomethane production from palm oil mill effluent (POME) in Indonesia, according to joint release on September 25.

MARKET DEVELOPMENT
27-09-2023

Not the most practical approach: Stricter palm oil regulation will have serius food supply and cost implications - RSPO

27/09/2023 (Food Navigator) – The Implication of stricter regulations for palm oil, one of the food secto’s most essential commodities, will lead to major supply and cost implications in APAC and beyond, say the Roundtable on Sustainable Palm Oil (RSPO).

MARKET DEVELOPMENT
27-09-2023

Malaysia: Is boosting palm oil flow to China defeat for EU?

26/09/2023 (DW) - The European Union (EU) intends to phase out imports of palm-oil-based biofuel by 2030 — while deforestation legislation adopted in Brussels earlier this year will impose considerable administrative burdens on palm oil exporters wanting to sell their goods in the bloc.

MARKET DEVELOPMENT
26-09-2023

Chin Tong: Dip in Malaysia’s trade due to decline in palm oil, petroleum sectors

25/09/2023 (Malay Mail), Kuala Lumpur - The decline in Malaysia’s trade to RM1.718 trillion for the period January-August 2023, from RM1.869 trillion for the same period in 2022, is due to the depreciation in the commodity sectors such as palm oil and petroleum.

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