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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
India scraps 2023/24 duty-free import quota on sunflower oil
ndia has decided to scrap a duty-free imports quota of 2 million tonnes of crude sunflower oil for the next fiscal starting from April 1, the government said on Wednesday, as the world’s biggest importer of vegetable oils tries to support local oilseed farmers.
VEGOILS-Palm rebounds as heavy rains continue to hit production
01/03/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose on Wednesday after a near 2% drop in the previous session, as heavy rains in the world's second-largest producer added to supply restraints.
‘Duty-free import of palm oil is hurting domestic mustard market’
02/03/2023 (The Indian Express) - AFTER CONSUMERS, farmers are complaining about the prices of edible oil. Except, their grievances pertain to the price of the commodity being too low.
Tanzania discovers high yielding palm oil seeds poised to boost production
01/03/2023 (Farmers Review Africa) - Tanzanian research institutes have discovered new high yielding palm oil seeds that is set to boost the cultivation of the trees and production of the edible oil in the country.
Palm oil falls over 2pc on slow pace of exports
01/03/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended early losses on Tuesday on lacklustre exports and rising production, but were set for an 8.4% monthly gain as flood risk warnings raised concerns about output disruptions.
Palm rebounds as heavy rains continue to hit production
01/03/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose on Wednesday after a near 2% drop in the previous session, as heavy rains in the world’s second-largest producer added to supply restraints.
Malaysia's February palm oil exports rose 1.7 pct –SGS
01/03/2023 (Channel News Asia), Singapore - Exports of Malaysian palm oil products for February rose 1.7 per cent to 1,131,939 tonnes from 1,113,292 tonnes shipped during January, cargo surveyor Societe Generale de Surveillance said on Wednesday.
SEA demands government intervention as mustard prices drop below MSP
28/02/2023 (Business Standard) - Expressing concern over rape-mustard seed rates falling below the minimum support price (MSP), edible oil industry body SEA on Tuesday demanded the government commence procurement and restrict imports of refined palm oil as part of steps to arrest the price drop.
Manila-KL bilateral ties set to enter new phase
01/03/2023 (New Straits Times), Manila - Malaysia and the Phillippines relations are on a strong footing and the visit of Prime Minister, Datuk Seri Anwar Ibrahim, starting today, will take it further forward.