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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
Middle East conflict boosts demand for alternative fuels
GAPKI optimistic of palm oil industry protecting economy from crisis
03/11/2022(Antara News), Nusa Dua Bali - The Indonesian Palm Oil Association (GAPKI) stated that the domestic palm oil industry can protect the national economy in the face of a possible global crisis next year.
Palm oil may rise towards 4,607 ringgit
03/11/2022 (Business Recorder) - SINGAPORE: Palm oil may break a resistance at 4,459 ringgit a tonne and rise towards 4,607 ringgit, to complete a wave E.
VEGOILS-Palm snaps three-day rally on demand worries
04/11/2022 (Hellenic Shipping News) - Malaysian palm oil futures on Thursday reversed early gains to snap a three-day rally after hitting a near 12-week peak, as high prices stoked demand concerns.
3.4 mln hectares palm plantations in high conservation areas: govt
03/11/2022 (Antara News), Jakarta - The Environment and Forestry Ministry on Wednesday informed that it has identified 3.4 million hectares of palm oil plantations located within high conservation forest areas in Indonesia.
How African palm oil can boost livelihoods and protect forests
02/11/2022 (The World Economic Forum) - Discover how African nations are joining together to create a sustainable palm oil and forest products industry to combat deforestation and boost reforestation.
VEGOILS-Palm oil climbs to near 12-week peak on global supply fears
KUALA LUMPUR, Nov 2 (Reuters) - Malaysian palm oil futures rose for a third straight session on Wednesday to hit a near 12-week high, tracking strength in rival edible oils as disruptions in Black Sea supply stoked concerns.
Cooking oil price to be reduced from Tuesday
PUTRAJAYA: The price of 5kg cooking oil will drop by 60 sen to RM30.90 effective Nov 8.
Indonesia sends cars for biodiesel tests to volcanic highlands
INDONESIA, the world’s biggest palm oil producer, is testing to see whether vehicles can run effectively on diesel blended with 40% cooking oil, and if it works well at higher altitudes. A successful outcome would shift more local supply toward biofuel and curb exports.
Malaysia’s Ratification of CPTPP to Help Increase Trade
The Malaysian government officially ratified the CPTPP on September 30, 2022. The trade deal was signed in 2018 but required years of careful deliberation and consultation by Parliament for final approval.
