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MARKET DEVELOPMENT
30-08-2023

Malaysian palm oil ends higher on softer ringgit

29/08/2023 (Business Recorder), Singapore - Malaysian palm oil futures recovered on Tuesday, helped by a weaker ringgit, although imminent oversupply concerns and weakness in rival edible oils capped gains.

MARKET DEVELOPMENT
30-08-2023

Cambodia reserves 100 mln USD for boosting agriculture: PM

29/08/2023 (Xinhua), Phnom Penh - Cambodia's Prime Minister Hun Manet said on Tuesday that the government has reserved 100 million U.S. dollars for boosting the country's agricultural sector.

MARKET DEVELOPMENT
29-08-2023

SEA to sign pact with Thai palm oil industry to boost bilateral trade

28/08/2023 (The Hindu Business Line) - The Solvent Extractors’ Association of India (SEA) will sign a memorandum of understanding (MoU) with the Thai Palm Oil Crushing Mills Association next month to foster cooperation and mutually beneficial trade opportunities between Indian importers and refiners and Thai producers and exporters of crude palm oil.

MARKET DEVELOPMENT
29-08-2023

DPM Fadillah Yusof receives courtesy call from Quanzhou mayor

28/08/2023 (Malay Mail), Kuala Lumpur - Deputy Prime Minister cum Plantation and Commodities Minister Datuk Seri Fadillah Yusof received a courtesy call from Mayor of Quanzhou Municipal People’s Government, Cai Zhansheng, at his ministry in Putrajaya today.

MARKET DEVELOPMENT
29-08-2023

Hope Croatia will open door to CPO exports to EU: DPR

29/08/2023 (Antara News) - Deputy Speaker of the House of Representatives (DPR), Lodewijk F. Paulus, has expressed the hope that Croatia will become an entry point for Indonesia's crude palm oil (CPO) exports into the European Union (EU).

MARKET DEVELOPMENT
29-08-2023

VEGOILS-Palm dips on weaker Malaysian exports, but rival oils limit losses

28/08/2023 (Nasdaq), Singapore - Malaysian palm oil futures dipped on Monday following reports of lacklustre exports this month, although gains in competing edible oils limited the downward trend.

MARKET DEVELOPMENT
28-08-2023

Effects of windfall profit levy on the palm oil industry

28/04/2023 (The Star Online) - THE sustainable palm oil production in Malaysia is the consequence of many people’s long years of suffering and sacrifice. This obvious land-based, capital-intensive, risky and long-haul business had survived world wars, the Great Recession, the Great Depression, as well as numerous natural disasters.

MARKET DEVELOPMENT
28-08-2023

Food could get pricier again if El Nino hits sugar and palm oil

26/08/2023 (The Star Online), Manila - While consumer price inflation (CPI) has tapered off compared with the spikes seen in 2022, shoppers are faced with more expensive food than before the Covid pandemic.

MARKET DEVELOPMENT
28-08-2023

CPO futures seen marching towards RM4,130 per tonne next week

26/08/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to maintain their upward trajectory next week due to the robust and persistent demand for palm oil, particularly from China.

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