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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
Indonesia reduces palm oil exports to ensure supply at home
06/01/2023 (The Star Online), Jakarta - Indonesia, the world’s biggest palm oil producer, will cut its overseas shipments of the commodity, as it tightens a policy requiring companies to keep more supply at home.
KPDN busts syndicate involves in misappropriating diesel using oil palm tankers
06/01/2023 (The Sun Daily), Ipoh - The Ministry of Domestic Trade and Cost of Living (KPDN) busted a syndicate involved in misappropriating subsidised diesel using palm oil tankers with the arrest of five men, including three foreigners, in a raid at a premises in the Silibin Industrial Area yesterday.
Ready to support red cooking oil pilot project: SOEs Ministry
07/01/2023 (Antara News), Jakarta - State-Owned Enterprises Minister Erick Thohir has said that his ministry is ready to support a pilot project to produce red palm cooking oil as part of efforts to develop an alternative to regular cooking oil.
Interest in East Coast career prospects
08/01/2023 (Daily Express), Kota Kinabalu - Widening career prospects in Sabah’s East Coast are catching the attention of learning institutions.
Malaysia, Indonesia eye expansion of trade
08/01/2023 (Xinhua Net) - Malaysia aims to boost bilateral trade with neighboring Indonesia including cross-border investments in a number of key sectors, a Malaysian official said on Sunday.
CPO futures end lower on weaker soybean oil price
07/01/2023 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended yesterday’s losses to end lower today, following weakness in the Chicago Board of Trade soybean oil futures, said a dealer.
Malaysia's end-Dec palm oil stocks seen falling to four-month low
Malaysia's palm oil inventories at end-December likely shrank to the lowest in four months as production and exports slowed, a Reuters survey showed on Thursday.
MPOB to hold Palm Oil Economic Review and Outlook Seminar 2023 on Jan 12
The Malaysian Palm Oil Board (MPOB) is organising the Palm Oil Economic Review and Outlook Seminar 2023 next Thursday (Jan 12) to disseminate information regarding the performance of the Malaysian oil palm industry in 2022, market prospects and price outlook for 2023 as well as the latest market developments in the industry.
Palm oil slips for second session
Malaysian palm oil futures fell for a second consecutive session on Thursday as rival oils weakened, but a likely drop in December inventories helped limit losses.
