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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
Decision to freeze import duty on edible oil will impact goal of achieving ‘Aatma Nirbharta’: Solvent extractors
23/01/2024 (The Hindu Business Line) - The Solvent Extractors’ Association of India (SEA) has said the nation could move further away from achieving the objective of ‘Aatma Nirbharta’ in edible oils, following its decision to freeze import duties.
Malaysia sets up RM100mil fund for smallholders to replant palm oil
24/01/2024 (New Straits Times), Bangi - The government, through the Ministry of Finance and Agriculture and Commodities Ministry, has established a special fund for the Smallholder Palm Oil Replanting Financing Incentive Scheme (TSPKS 2.0).
MPOA: Entry of foreign workers to plantation industry set to generate RM4B revenue
23/01/2024 (The Sun), Kuala Lumpur - KUALA LUMPUR: Malaysia’s palm oil industry is set to generate RM4 billion in revenue if half of the indicated 40,000 foreign workers needed by the sector are allocated harvesting duties, said the Malaysian Palm Oil Association (MPOA).
Kedah Domestic Trade Ministry seizes cooking oil, LPG in Kulim
22/01/2024 (Malay Mail), Alor Setar - Kedah Domestic Trade and Cost of Living Ministry (KPDN) seized 466 one-kilogramme (1kg) packets of cooking oil and 13 cylinders of liquified petroleum gas (LPG) in two separate raids in Kulim yesterday.
Palm oil firms on weaker ringgit, supply worries
23/01/2024 (XM), Singapore - Malaysian palm oil futures roseon Tuesday amid inclement weather in the country, recouping some of the losses from the previous session as a weaker ringgit supported prices, although declines in rival oils capped gains.
Reducing GHG emission a priority for palm oil industry
IN the growing concern over the climate crisis, a key parameter closely watched is the emission of greenhouse gases that drive global warming, the single most important factor fueling climate change. The principal gas is carbon dioxide. But there are other gases which are multiple times more potent in their global warming potential.
New indicators for Sabah to progress towards sustainable palm oil development
KOTA KINABALU: The Sabah Jurisdictional Approach for Sustainable Palm Oil (JASPO) Initiative has come up with new indicators for sustainable palm oil development during a workshop at a hotel here recently.
Malaysian palm oil slips
SINGAPORE: Malaysian palm oil futures snapped two consecutive sessions of gains on Monday, weighed down by weakness in crude oil prices, although losses were limited by higher exports and production concerns.
Malaysia keeps February crude palm oil export duty at 8%
KUALA LUMPUR: Malaysia has maintained its February export tax for crude palm oil at 8% and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.
