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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
Indonesia’s oil palm plantations bigger than data shows – minister
25/10/2022 (Hellenic Shipping News) - Indonesia has found the overall size of its palm oil plantations is bigger than its database shows, among several initial findings of a state audit of the industry aimed at improving governance, a senior minister said on Monday.
CPO futures seen to continue trading with downside bias next week
22/10/2022 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade with a downward bias next week due to the expectation of higher stocks in the country as well as weaker demand, said palm oil trader David Ng.
Does Extra-Virgin Olive Oil Get Better With Age?
24/10/2022 (Tasting Table) - Among pantry staples, olive oil is non-negotiable. The fatty liquid operates as a cooking essential as much as it does a flavorful drizzle. Use it atop homemade pizzas, fry up eggs with it, or enjoy it alongside a loaf of fresh bread. With so many uses, olive oils can have a range of characteristics and specifications. You can choose from oils of varying degrees of lightness, refinery, and other attributes.
Growth in edible oil, veg ghee production 6.4% in two months
25/10/2022 (Pakistan Observer) - The domestic production of edible oil and vegetable ghee during first two months of current financial year grew by 6.4 percent and 6.6 percent respectively as compared to the output of the corresponding period of last year.
Facts about the Africa Palm Oil Initiative
20/10/2022 (African Feeds) - Globally, 1.6 billion people depend on forests for their jobs and livelihoods, while in many African countries 50–60% of the population work in agriculture. However, the Food and Agriculture Organization (FAO) estimates that the rate of deforestation between 2015 and 2020 was 10 million hectares per year; with agricultural commodities such as palm oil, rubber and cocoa being one of the leading drivers.
Palm hits near seven-week high on weather woes, India tax fears
19/10/2022 (Hellenic Shipping News) - Malaysian palm oil futures on Wednesday rose to their highest level in nearly seven weeks, as fears of higher Indian import taxes and heavy rains hurting production fuelled buying.
Canola’s course may be set in Brazil, Indonesia
20/10/2022 (The Western Producer) - Growers advised to keep an eye on soybean crop in South America and palm oil exports when marketing this winter
Palm oil may hover below 4,071 ringgit
19/10/2022 (Business Recorder), Singapore - Palm oil faces a resistance at 4,071 ringgit per tonne, it may hover below this level or retrace towards a support zone of 3,924 ringgit to 3,958 ringgit.
Indrawati: US oil price cap effort may backfire
20/10/2022 (The Malaysian Reserve) - THE Biden administration’s push to impose a price cap on Russian oil exports creates a precedent that could affect other commodities and may worsen global economic anxiety, said Indonesian Finance Minister Sri Mulyani Indrawati.
