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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Soft demand for CPO can lead to higher stockpile
14/06/2023 (The Star Online), Petaling Jaya - The soft demand for crude palm oil (CPO) could potentially lead to higher stockpile expectations in the near future.
Scrap ‘high leakage’ subsidies like cooking oil, says Mydin boss
14/06/2023 (Free Malaysia Today), Petaling Jaya - Retail king Ameer Ali Mydin has urged Putrajaya to consider scrapping the subsidies on cooking oil, while welcoming the decision to maintain subsidies on chicken and eggs.
Centre cuts refined soyoil, sunflower oil duty to 12.5%
15/06/2023 (Live Mint) - The government has lowered import duty on refined soyoil and refined sunflower oil to 12.5% from 17.5%, which will come into effect from Thursday, according to a government notification.
Mechanisation rate in palm oil plantations still low - MPOB
13/06/2023 (The Star Online), Kuala Lumpur - The adoption of mechanisation in Malaysia’s oil palm plantations is still relatively low at less than 50 per cent for overall field activities, and less than 15 per cent for harvesting, according to the Malaysian Palm Oil Board (MPOB).
Adding value to palm oil production
13/06/2023 (The Star Online), Kuala Lumpur - Stagnating palm oil production, declining productivity, shortage of talents amid the mounting environmental challenges continue to affect Malaysian planters.
MPOB says Malaysian palm oil not genetically modified but is doing research on it
13/06/2023 (Malay Mail), Kuala Lumpur - Malaysia’s palm oil is not derived from any kind of genetically modified (GM) mechanism, said the Malaysian Palm Oil Board (MPOB).
VEGOILS-Palm oil rangebound as higher May stockpile weighs
13/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures edged up on Tuesday in range-trading, with larger-than-expected May inventories pressuring the market.
Govt endeavors to realize child labor-free palm oil plantation program
13/06/2023 (ANTARA News), Jakarta - The Manpower Ministry has encouraged to put an end to child labor in palm oil plantations to realize a child labor-free Indonesia.
Sabah's smallholders take first step towards sustainable oil palm certification
13/06/2023 (The Star Online), Kota Kinabalu - Sabah's oil palm smallholders have begun taking their first step towards sustainability to meet the requirements under Roundtable on Sustainable Palm Oil (RSPO) certification.
