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CPO price forecast to climb for rest of the year
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Malaysian palm oil extends losses amid China tariff fears, weak demand
Palm oil may test support at 3,498 ringgit
16/05/2023 (Business Recorder), Singapore - Palm oil may test a support at 3,498 ringgit per tonne, a break below could open the way towards 3,418 ringgit.
India cuts base import price of crude palm oil, soyoil
16/05/2023 (Business Recorder), Mumbai - India slashed the base import prices of crude palm oil, soyoil, and silver, and raised the price of gold, the government said in a statement late on Monday.
How to stretch the life of cooking oils
16/05/2023 (Baking Business) - Between supply chain problems and rising costs, bakers and snack makers want to make the most of their cooking oils, which includes proper storage and usage.
Palm oil is not the problem you think it is ― Jo Furnival
16/05/2023 (Malay Mail) - There have been growing concerns over the so-called “palm oil problem.”
VEGOILS-Palm oil ends lower on rising output, weak demand worries
Malaysian palm oil futures closed lower on Monday, weighed by concerns over higher production as well as weak demand after larger rival Indonesia lowered its exports tax.
Palm oil falls on outlook of ballooning rival soyoil supplies
KUALA LUMPUR: Malaysian palm oil futures fell on Monday, tracking losses in rival soyoil prices after a US government report pegged a record-high production, although a weaker ringgit capped losses.
U.K. to increase rapeseed, product output in 2023-24
MarketsFarm — With the rapeseed crop in the United Kingdom estimated at 66 per cent good to excellent, the U.S. Department of Agriculture attaché in London, forecast production for 2023-24 to be 1.38 million tonnes. That would make for a 1.4 per cent increase over the 2022-23 crop.
Ukraine benefits from EU ban on imports of sunflower seeds - Ukroliyaprom head
Ukraine is benefiting from the EU ban on imports of sunflower seeds to five neighboring countries, since domestic oil extraction plants are not provided with enough raw materials and are constantly experiencing a shortage of raw materials, Stepan Kapshuk, the director general of the Ukroliyaprom association, told Interfax-Ukraine.
Indonesia implements VLSFO price reduction
Indonesia's state-owned Pertamina has reduced its Indonesian very low-sulphur fuel oil (VLSFO) bunker prices by about 30pc in an effort to compete with other ports, namely Singapore.
