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Palm oil prices seen at about 4,000 ringgit a ton in 2025, says Glenauk Economics
Palm oil windfall profit levy likely to raised in Budget 2025 – analyst
Indonesia’s palm oil sector worries over costs, security after EU deforestation law delay
Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
Indonesia's Aug palm oil exports rise 15pct y/y, GAPKI says
22/10/2024 (New Straits Times), Jakarta - Indonesia exported 2.38 million metric tons of palm oil products in August, up 15 per cent from a year earlier, data from the country's main palm oil industry association, GAPKI, showed on Tuesday.
In Dewan Rakyat today: Extreme poverty, palm oil output, GLC reforms
22/10/2024 (Malay Mail), Kuala Lumpur - The current status of the government’s efforts to eradicate extreme poverty and the mechanisms used to determine the categories are among the highlights of today’s Dewan Rakyat session.
Plantation Ministry proposes investing in new tech, infra for waste-to-energy production
22/10/2024 (The Edge Malaysia), Kuala Lumpur - The Ministry of Plantation and Commodities on Tuesday proposed investing in new technologies and infrastructure to more efficiently convert wastes from palm oil production into biomass energy.
IDH Launches Manifesto To Catalyse Sustainable Sourcing For Palm Oil Production In India
22/10/2024 (The CSR Universe), Gurugram - IDH has launched a manifesto at their annual event Sutra 2.0 - The Sustainable Trade Summit 2024 that aims to accelerate responsible sourcing in Indian markets and foster dialogue on sustainable agricultural value chains.
Palm oil surges more than 2% on stronger rival oils
22/10/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose more than 2% on Tuesday, boosted by strength in rival oils.
Malaysia’s palm oil industry to focus on replanting and sustainability
21/10/2024 (Oils & Fats International) - The palm oil sector in Malaysia is set to focus on challenges including ageing oil palm trees and stagnant yields while increasing its commitment to global sustainability standards, according to industry leaders quoted in a report by The Malaysian Reserve.
CPO FUTURES CLOSE HIGHER ON STRONGER EXPORT PACE, EXPECTATION OF WEAKER OUTPUT
21/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.
Palm up on positive export estimates, expectations of weak output
21/10/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures closed up on Monday, rebounding after two sessions of losses, supported by higher export estimates and anticipated seasonal palm production declines.
ICE canola rises for fourth session, following vegoil strength
21/10/2024 (Reuters), WINNIPEG, Manitoba - ICE canola futures closed higher Monday for a fourth straight session on spillover strength from global vegetable oil markets and signs of export demand, traders said.