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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm slips over 1% on weaker soyoil, bearish MPOB data
QuickCheck: Is a supermarket hoarding cooking oil in Johor?
23/04/2024 (The Star), Johor Baru - A consumer has accused a supermarket in Johor of hoarding subsidised cooking oil and selling the product to foreign workers in a viral video.
Indonesia expects palm oil exports to recover in April
22/04/2024 (The Business Times) - PALM oil exports from Indonesia, the world’s biggest exporter of the commodity, are expected to recover in April, after shipments in March and February fell below the monthly average over the past year, the trade ministry said on Monday (Apr 22).
CPO futures end higher amid stronger export figures
22/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday influenced by stronger Malaysian palm oil export in April, said a dealer.
Cooking oil prices witness additional 14% reduction, reaching LE 65
21/04/2024 (Egypt Today), Cairo - Minister of Supply and Internal Trade, Ali Al Moselhi, has announced a reduction in oil cooking prices, resulting in a decrease of 36 percent for this commodity. The latest reduction, which took effect on Saturday, amounts to a 14 percent drop.
Renewable diesel facility to run on Alberta canola
23/04/2024 (Alberta Farmer Express) - The Imperial Strathcona Refinery in Alberta is receiving a 12 per cent tax credit for its $720 million under-construction canola-based renewable diesel facility that is said to need millions of tonnes of canola seed per year.
Climate change drives up the price of olive oil and chocolate
22/04/2024 (Brighter World) - Climate change is part of the reason you’re digging deeper into your pockets at the grocery store, a McMaster economist says.
Demand for palm products to advance
19/04/2024 (Free Malaysia Today), Petaling Jaya - Demand for palm products is projected to advance due to better economic conditions in 2024, said Genting Plantations Bhd chairman Zahidi Zainuddin.
Main Market-bound MKH Oil Palm’s IPO oversubscribed by 8.43 times
19/04/2024 (The Edge Malaysia), Kuala Lumpur - MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.
Palm oil set for 7% weekly loss on slowing demand; Middle East tensions underpin
19/04/2024 (Reuters), Beijing/Singapore - Malaysian palm oil futures surrendered early gains on Friday, setting them on course for a second consecutive weekly decline, as traders weighed concerns over escalating tensions in the Middle East and slowing palm oil demand.
