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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 Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Malaysia end-Jan palm oil stocks seen at 5-month low as output drops
06/02/2023 (Reuters), Kuala Lumpur - Malaysia's palm oil inventories at the end of January likely slipped to a five-month low, as exports and production both plummeted, a Reuters survey showed on Monday.
Palm oil rises on profit-taking, but posts weekly losses
06/02/2023 (Business Recorder), Jakarta - Malaysian palm oil futures edged higher on Friday on a weaker ringgit and profit-taking ahead a long weekend, but they still posted weekly losses.
Indonesia to suspend some palm oil export permits – officials
06/02/2023 (Reuters), Jakarta - Indonesia will suspend some palm oil export permits to secure domestic supply amid rising cooking oil prices ahead of upcoming Islamic festivals, senior cabinet minister Luhut Pandjaitan said on his official Instagram account on Monday.
Indonesian growth faces risk of global slowdown
07/02/2023 (Taipei Times) - Just as the pace of Indonesia’s economic growth returned to pre-COVID-19 pandemic levels, a slowing global economy has emerged as the biggest threat to sustaining that performance.
India’s wheat planting remains steady despite record high prices
06/02/2023 (Hellenic Shipping News) - India’s wheat plantings remained steady despite a rally in price of the staple to a record as farmers in a key producing central state shifted to rapeseed to take advantage of even higher prices for the oilseed, farm ministry data showed on Monday.
PLS Plantation to reduce palm oil business to 15pct
02/02/2023 (New Straits Times), Kuala Lumpur - Ekovest Bhd's subsidiary, PLS Plantation Bhd is planning to reduce its oil palm plantation business from 80 per cent currently to just about 15 per cent over the next few years.
US finds no forced labour in Sime Darby’s palm oil production
03/02/2023 (Free Malaysia Today), Petaling Jaya - The United States has cleared Sime Darby Plantation Bhd (SDP) of allegations of forced labour in the production of its palm oil and derivative products, a filing under the US Federal Register showed.
Palm oil to test support at 3,796 ringgit
02/02/2023 (Business Recorder), Singapore - Palm oil is expected to test a support at 3,796 ringgit per tonne, a break below which could be followed by a drop into a range of 3,683-3,721 ringgit.
ICCI appeals to Indonesia for restoring exports of palm oil
03/02/2023 (Daily Times) - Islamabad Chamber of Commerce and Industry (ICCI) on Thursday urged the Indonesian authorities for restoring the normal export of palm oil to Pakistan as it was a major importer of palm oil from Indonesia.
