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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm retreats from 21-month high on stock outlook, weak exports
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Nigeria Spends N430bn Annually To Import Palm Oil – Onyiuke
21/08/2023 (Daily Trust) - In this interview, the president of the Oil Palm Growers Association of Nigeria (OPGAN), Mr Joe Onyiuke, who is a lawyer and entrepreneur, speaks on how the federal government can attain mass employment, food security and stop the $500m (N430 billion at N860/$) spent annually to import palm oil into the country.
Study on orang utan population
20/08/2023 (The Star Online), Kuala Lumpur - A RM1.2mil allocation has been set aside to finance a study of the orang utan population in Sabah for a period of two years.
Salcra to build RM35 mln plant to produce animal feed from oil palm waste
19/08/2023 (The Borneo Post), Kuching - A total of RM35 million has been allocated to the Sarawak Land Consolidation and Rehabilitation Authority (Salcra) to build a plant to produce animal feed from oil palm waste, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.
EU starts probe on Indonesian biodiesel avoiding import duties
18/08/2023 (The Jakarta Post) - The European Union said on Thursday it had launched an investigation into whether biodiesel from Indonesia was circumventing EU duties by going through China and Britain.
Malaysian Palm Oil Green Conservation Foundation allocates RM1.2m to fund orangutan population study in Sabah, says Plantation sec-gen
19/08/2023 (Malay Mail), Kuala Lumpur - The Malaysian Palm Oil Green Conservation Foundation (MPOGCF), an agency under the Ministry of Plantation and Commodities (KPK), has allocated RM1.2 million to finance a study of the orangutan population in Sabah for a period of two years, starting this year.
Vegetable prices likely to cool down next month, says FinMin official
20/08/2023 (Business Standard) - The government expects vegetable prices to start cooling off from next month with the advent of new crops in the market, but rising crude oil prices is a concern even though it is still within the tolerable zone of $ 90 a barrel, a finance ministry official said.
Trade Minister suggests reactivating bilateral forum with Vietnam
20/08/2023 (Antara News), Semarang, Central Jawa - Indonesia's Trade Minister Zulkifli Hasan has suggested reactivating the bilateral forum with Vietnam to improve bilateral trade.
Planters likely to deliver mixed 2Q23 performance
17/08/2023 (New Straits Times), Kuala Lumpur - Planters will likely register a mixed performance for their second quarter ended June 30, 2023 (2Q23) results, with most planters' year-on-year performance affected by a decline in upstream plantation earnings.
CPO futures close higher on expectation of slower output growth
17/08/2023 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday on expectation of lower production growth in the country, a dealer said.
