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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
Crop prices to drop but remain high
The United States grain and oilseed price outlook for 2023 is bearish, according to the U.S. Department of Agriculture.
Indonesia to boost oil palm replanting efforts, says senior official
INDONESIA will boost efforts to ensure that an oil palm replanting scheme meets a target of 180,000 ha this year, a senior official said on Monday (Feb 27).
VEGOILS-Palm eases on profit taking; strong exports stem losses
KUALA LUMPUR, Feb 27 (Reuters) - Malaysian palm oil futures edged lower for a second consecutive session on Monday as traders booked profits, but robust exports and a weaker ringgit kept losses in check.
Crude palm oil exports to hit 1m tonnes
23/02/2023 (Bangkok Post) - Crude palm oil exports may reach 1 million tonnes this year, up from 919,000 tonnes last year, driven by a higher supply of oil palm and strong demand from India and China, according to the Commerce Ministry.
VEGOILS-Palm oil clocks third weekly climb on tight supply worries
24/02/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures ended lower on Friday after trading in a tight range, although the contract recorded a third straight weekly jump, underpinned by concerns over tight supply amid improving demand.
Palm oil Tk 10 costlier than govt rate
26/02/2023 (The Daily Star) - Wholesale and retail prices of palm oil in Dhaka have increased by Tk 8 to Tk 10 per litre in the last couple of days, which importers and traders say was caused by price rises in international markets and a reduction in supply.
Palm oil is edible but still very controversial! Know 7 things about it
23/02/2023 (Health Shots) - Palm oil is not typically people’s first choice when choosing a cooking oil, yet it is frequently used. This edible vegetable oil is a subject of debate for both environmental and health-related concerns. Hence, if you’re unsure whether to get rid of it or consume palm oil, let’s help you decide.
Centre asks provinces to share ghee, oil data
23/02/2023 (Dawn), Karachi - Amid looming shortages in Ramazan due to a host of reasons mainly restrictions on palm oil imports, the PMLN-led coalition government has directed provincial governments to provide monthly ghee and cooking oil consumption data and the number of mills in operations.
Adopt similar green funding
26/02/2023 (Daily Express) - RECENTLY, the United States enacted a law called the Inflation Reduction Act allocating USD374 billion in green incentives to tackle the climate crisis. The implementation of this law is intended to trigger a boom in clean energy, creating thousands of jobs.
