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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’s 2022 Palm Oil Exports Seen At 34.67 Mln Tonnes – Palm Oil Fund
27/12/2022 (Hellenic Shipping News) - Indonesia’s 2022 palm oil exports are estimated at 34.67 million tonnes, down from last year’s 37.78 million tonnes, partly due to a temporary export stoppage in April, the chief executive of its palm oil fund (BPDPKS) said.
RSPO keeps trade doors open, says Bek-Nielsen
27/12/2022 (The Edge Markets) - IF the Roundtable on Sustainable Palm Oil (RSPO) were a person, it would be on the cusp of adulthood as it turned 18 in April this year. Having been around for close to two decades, to what extent has the not-for-profit organisation achieved its vision to make sustainable palm oil the norm?
Malaysian palm oil futures surge on China optimism
28/12/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures surged more than 6% on Tuesday, its biggest one-day jump in three months, on demand optimism after key market China said it would further ease border controls for inbound travellers.
MPI falls in November amid global economic slowdown Oil refinery closures also had an impact
28/12/2022(Bangkok Post) - Thailand's Manufacturing Production Index (MPI) fell in November by 5.6% year-on-year to 95.11 points, the lowest in 15 months, as oil refineries were shut down for maintenance while a global economic slowdown began to affect exporters, say the Office of Industrial Economic (OIE).
There is no scientific evidence that palm oil is harmful
27/12/2022 (Sinar Harian) - Food labels generally give an overview of the ingredient content information of a product for consumer reference such as nutritional content, meal recommendations, serving steps and so on.
Companies draw up plans for net-zero
27/12/2022 (The Star Online) - WHILE there is a broad plan for the country to achieve net-zero – the target for the complete reduction in global emissions of carbon dioxide by 2050 – companies are also drawing up their strategies towards this end.
CBOT SOYBEANS GAIN ON EXPORT OPTIMISM
27/12/2022 (Successful Farming) - Chicago Board of Trade soybean futures inched higher on Tuesday, paring gains after earlier hitting a six-month high as traders weigh the impacts of China's lifted COVID lockdown measures and assess crop conditions in parched Argentina, analysts said.
EU continues import of palm oil presumed not associated with deforestation and forest degradation
26/12/2022 (Scand Asia) - The European Union in Malaysia drawed attention to Michalis Rokas, European Union Ambassador to Malaysia, expressing his views on EU’s decision not to ban import of palm oil. The statement was released by Free Malaysia Today.
RSPO faces challenges of post-pandemic palm oil
23/12/2022 (Eco Business) - “With the way the environment is being destroyed, the way climate change is happening, the way we travel, the way we consume, it’s just a matter of when the next pandemic will happen.”
