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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
Supply, price of cooking oil to stabilise once labour shortage resolved
15/01/2023 (The Star Online), Johor Bahru - The supply of cooking oil and pricing issues are expected to stabilise after the plantation industry players have resolved the problem over foreign labour shortage.
Vegetable Oil Is Gaining Traction As A Biofuel
17/01/2023 (Yahoo Finance) - Interest in biofuels has exploded in recent years, and as governments pursue both energy security and lower emissions, that interest is only rising. Following a flurry of new climate policies worldwide, energy companies are looking to reduce their emissions while ensuring the stability of their legacy businesses. Meanwhile, countries around the world are looking for energy sources that can be secured domestically. The U.K. and Mexico are two such countries, with both of them now looking to vegetable oil as a potential energy source for heating and transport.
Strategy to fight anti-palm oil lobby with Indonesia will put pressure on EU
16/01/2023 (New Strait Times), Bangi - The strategic cooperation with Indonesia to fight the anti-palm oil lobby will be able to put pressure on the European Union (EU), said Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Ahmad Parveez Ghulam Kadir.
Beware unexpected effects of palm oil export ban, say experts
15/01/2023 (Free Malaysia Today), Petaling Jaya - A veiled threat of a ban on palm oil exports to the European Union may well backfire, bringing with it unintended consequences, say economists.
EXPLAINER-Why Malaysia is considering a ban on palm oil exports to the European Union
14/01/2023 (New Straits Times), Kuala Lumpur - Malaysia, the world's second-largest palm oil producer, on Thursday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions on the edible oil due to concerns over deforestation.
Strategy to fight anti-palm oil lobby will put pressure on EU
16/01/2023 (The Borneo Post), Bangi - BANGI: The strategic cooperation with Indonesia to fight the anti-palm oil lobby will be able to put pressure on the European Union (EU), said Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Ahmad Parveez Ghulam Kadir.
EXPLAINER: Why is Malaysia threatening to stop selling palm oil to the EU?
15/01/2023 (News EU) - Malaysia has said it could stop exporting palm oil to the European Union in response to the bloc passing a new law designed to protect forests by heavily regulating the sale of the product.
Environmentalists lambast Indonesia-Malaysia palm oil pledge over deforestation concerns
15/01/2023 (The Straits Times), Jakarta - Environmentalists have criticised Indonesia and Malaysia’s pledge to fight “discrimination” against palm oil, saying it puts the countries’ commitment to halting deforestation into question.
Indonesia palm oil export curbs and biodiesel plans to hit world vegoil supplies
14/01/2023 (The Star Online), Singapore/Jakarta – A move by top palm oil exporter Indonesia to restrict shipment and boost domestic biodiesel consumption is set to squeeze global vegetable oil supplies already undercut by lower output in Southeast Asia and Latin America.
