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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
Retailers Threaten to Sue Gov’t over $23.4m Unpaid Cooking Oil Subsidies
06/05/2023 (Jakarta Globe), Jakarta - The Indonesian Retailer Association, or Aprindo, mulls suing the government if the promised subsidies aimed at keeping cooking oil price low aren’t paid.
Malaysia's end-April palm oil stocks seen slipping to 11-month low - Reuters poll
05/05/2023 (Channel News Asia), Kuala Lumpur - Malaysia's palm oil inventories at the end of April are forecast to drop to their lowest level in 11 months as domestic use rises amid flat production, a Reuters survey showed on Friday.
Edible Oil Prices To Get Cheaper By Nearly 6%
04/05/2023 (Business World India) - Companies producing edible oil have decided to reduce costs of cooking oil by up to 6 per cent after the government advised that the maximum retail price (MRP) of cooking oil be lowered in keeping with the reduction in the commodity’s international rates.
Govt asks edible oil firms to cut cooking oil prices as global prices fall
04/05/2023 (Business Standard) - The Centre on Thursday asked edible oil companies to cut the prices of cooking oils in line with the fall in global prices for the benefit of consumers.
Reduce rates of edible oil immediately, Centre tells makers
05/05/2023 (The Hindustan Times) - The Centre on Thursday reviewed edible-oil prices, asking sellers and processors to cut retail rates immediately.
Indonesia to narrow scope of palm oil trade on planned exchange
04/05/2023 (Nasdaq), Jakarta - Indonesia will narrow the scope of crude palm oil (CPO) products traded on a planned exchange it hopes to launch by June, a regulator said on Thursday.
Palm oil jumps, snaps six-session losing streak
03/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended early gains on Tuesday, recouping losses from last week after the market suffered its deepest drop in seven months on weak demand amid increased Indonesian supply.
‘Edible oil price drop should be passed on to consumers expeditiously’
04/05/2023 (Live Mint), New Delhi - The decline in the price of edible oil should be passed on to consumers expeditiously, Union food and public distribution secretary Sanjeev Chopra on Thursday told the leading industry representatives during a meeting.
Dabeeo Signs MOU for Monitoring Palm Oil Plantation in Malaysia
04/05/2023 (Business Wire), Seoul, South Korea - -Dabeeo Inc., a geospatial information technology company based on AI, has announced its plan to introduce AI analysis technology using ultra-precision (30cm-level) satellite images to monitor palm tree plantations in Malaysia.
