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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
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
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.
A sustainable palm oil development model for Papua
02/05/2023 (Asian News Network), Jakarta - As oil palm plantations can be a significant contributor to rural livelihoods in Indonesia, the government has been capitalizing on this commodity and strengthening Indonesia’s position as the global leader in palm oil production by expanding plantations. As land for new plantation investment has become scarce in Kalimantan and Sumatra, plantation developers are looking east to acquire land in Papua.
2/5/2023 (The Jakarta Post), Jakarta - As oil palm plantations can be a significant contributor to rural livelihoods in Indonesia, the government has been capitalizing on this commodity and strengthening Indonesia’s position as the global leader in palm oil production by expanding plantations. As land for new plantation investment has become scarce in Kalimantan and Sumatra, plantation developers are looking east to acquire land in Papua.
