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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm slips over 1% on weaker soyoil, bearish MPOB data
Palm oil discrimination harms Indonesia's national interests: Official
27/09/2023 (Antara News), Mumbai - Deputy Trade Minister Jerry Sambuaga said on Wednesday that discrimination against Indonesia's palm oil hampers the country's national interests.
Indonesia to pursue legal action against palm firms that use land illegally
26/09/2023 (Channel News Asia), Jakarta - Indonesia's government will pursue legal action against palm oil companies that use land illegally if they do not submit required paperwork related to land use by November, a senior minister Mahfud MD said on Tuesday.
Palm ends lower on weaker rival oils
27/09/2023 (Business Recorder), Singapore - Malaysian palm oil futures closed lower on Tuesday, amid weakness in rival edible and crude oil, although losses were limited by strong export data.
Indonesia plans bio-methane output derived from palm oil to begin 2025
25/09/2023 (S&P Global) Indonesia's state-owned energy company PT Pertamina natural gas subsidy PT Perusahaan Gas Negara TBK(PGN) with three Japanese companies JGC Holdings Corp, Osaka Gas and Inpex Corp have begun a study to commercialize biomethane production from palm oil mill effluent (POME) in Indonesia, according to joint release on September 25.
Not the most practical approach: Stricter palm oil regulation will have serius food supply and cost implications - RSPO
27/09/2023 (Food Navigator) – The Implication of stricter regulations for palm oil, one of the food secto’s most essential commodities, will lead to major supply and cost implications in APAC and beyond, say the Roundtable on Sustainable Palm Oil (RSPO).
Malaysia: Is boosting palm oil flow to China defeat for EU?
26/09/2023 (DW) - The European Union (EU) intends to phase out imports of palm-oil-based biofuel by 2030 — while deforestation legislation adopted in Brussels earlier this year will impose considerable administrative burdens on palm oil exporters wanting to sell their goods in the bloc.
Chin Tong: Dip in Malaysia’s trade due to decline in palm oil, petroleum sectors
25/09/2023 (Malay Mail), Kuala Lumpur - The decline in Malaysia’s trade to RM1.718 trillion for the period January-August 2023, from RM1.869 trillion for the same period in 2022, is due to the depreciation in the commodity sectors such as palm oil and petroleum.
DPM Fadillah: Malaysia boosts China palm oil exports under EU pressure
25/09/2023 (Malay Mail), Kuala Lumpur -Malaysia will increase palm oil exports to China by 500,000 tonnes a year as it faces pressure from new European Union restrictions targeting deforestation, a senior minister told AFP today.
How to invest in oil palm plantation
25/09/2023 (Business Day) - Oil Palm is native to West Africa. Nigeria used to be the world’s largest producer of oil palm before the oil boom era. Indonesia has now taken over as the top producer and oil palm and allied industries is now the main stay of its economy.
