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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
Palm oil rebounds on bargain-buying
15/02/2023 (Business Recorder), Jakarta - Malaysian palm oil rose on Tuesday, snapping three days of losses, as traders sought bargain amid firmer rival oil prices and higher exports.
Edible oil imports in Jan 2nd highest; record shipments of cooking oils in Nov-Jan
15/02/2023 (The Economic Times) - India's edible oil imports rose 33 per cent in January to 16.61 lakh tonnes, the highest since September 2021, driven by higher imports of sunflower oil, according to industry body SEA. Import of vegetable oils (edible and non-edible oils) in January rose 31 per cent to 16,61,750 tonnes from 12,70,728 tonnes in the same month last year.
High Olive Oil Prices Drive Consumers to Alternatives Cooking Oils
15/02/2023(Market Watch) - Olive oil prices are moving to record highs, driving consumers and businesses to alternative cooking oils like sunflower and rapeseed, as dry weather in Spain and Italy slashes output for the luxury food.
Analysis: Govt adopts another ill policy over scarcity of cheap cooking oil
15/02/2023 (The Jakarta Post) - The government has decided to increase the portion of domestic market obligation (DMO) of crude palm oil (CPO), the raw material of cooking oil, and slow down CPO exports to reign in the recent hike of government-sponsored, simple-packaged cooking oil Minyakita. The antimarket policy has irked industry players as it will again punish them more.
Research houses neutral on plantation due to rising CPO inventory, lower demand
14/02/2023 (New Straits Times), Kuala Lumpur - Research houses are retaining their neutral calls on the plantation sector after data revealed that Malaysia's crude palm oil (CPO) stocks increased three per cent month-on-month (m-o-m) to 2.3 million tonnes at the end of January, while exports fell 23 per cent m-o-m and two per cent year-on-year (y-o-y) to 1.14 million tonnes in Jan 2023.
A century of resilient palm oil industry
14/02/2023 (The Malaysian Reserve) - FROM a humble start over a century ago, Malaysia is now the second-largest producer of palm oil and a major exporter globally.
Dekel Agri-Vision sees record month for palm oil extraction and prices
14/02/2023 (Morning Star) - Dekel Agri-Vision PLC on Tuesday said January was a record month for crude palm oil extraction and prices at its Ayenouan palm oil project in the Ivory Coast.
How to revitalise the oilseeds sector
14/02/2023 (The Hindu Business Line) - Burdened by massive import of vegetable oil amounting to 13-14 million tonnes and valued at over $14 billion to meet chronic domestic shortage, the government is keen to boost domestic production and reduce the dependence on imports.
VEGOILS-Palm oil opens higher on higher exports, stronger rival oils
13/02/2023 (Nasdaq), Jakarta - Malaysian palm oil futures rebounded on Monday, helped by higher exports and stronger rival oils, while market participants monitored Indonesian exports policy.
