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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 To Trade Between 3,500-5000 Rgt/T Until May- Analyst Mistry
19/12/2022 (Hellenic Shipping News) - Malaysian palm oil is expected to trade at between 3,500 and 5,000 ringgit per tonne from now until the end of May as stocks in the commodity’s top two producer countries deplete, leading industry analyst Dorab Mistry said.
Egypt, Malaysia in talks for $30mln palm oil production project
18/12/2022 (Zawya) - A Malaysian company is currently in talks with Egypt to establish a two-stage palm oil production project with investments totalling $30 million, the Middle East News Agency (MENA) cited the Egyptian Commercial Service’s (ECS) Head, Yahya Elwathik Bellah.
India raises base import price of palm oil, gold
16/12/2022 (Deccan Herald) - India raised the base import prices of crude palm oil and soy oil, gold and silver, the government said in a statement late on Thursday, as prices jumped in the world market.
Fadillah urged to address oil palm concern, unresolved issues
17/12/2022 (The Borneo Post), Miri - Deputy Prime Minister Dato Sri Fadillah Yusof should urgently address concerns and unresolved issues affecting all Dayak oil palm smallholders in Sarawak, said Sarawak Dayak Oil Palm Planters Association (Doppa) president Napoleon R. Ningkos.
Palm oil price cut by Tk 4, soybean Tk 5
16/12/2022 (The Daily Star) - The retail price of palm oil has been reduced by Tk 4 while soybean oil by Tk 5 a litre in the country.
Health Benefits Of Palm Kernel Oil
17/12/2022 (Nigerian Tribune) - Palm kernel oil, also referred to as palm oil, is an extract from the seed of palm fruit. It is an edible oil that is rich in saturated fats which does not contain carotenoids. Palm fruit is popularly known for its tremendous health benefit to the body. It has a wide range of applications, including nourished hair, soft skin, and healthy food. It is used for various snack products, wax, skincare and cosmetic products.
Premier: Palm oil sludge to raise commodity’s value, enable sustainable circular economy
15/12/2022 (The Borneo Post), Kuching - Palm oil sludge can be used for the solar panel industry, giving the industry the opportunity to be part of a sustainable circular economy, said Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg.
Tough time ahead for plantation sector, no more double-digit profit growth in 2023 — analysts
14/12/2022 (The Edge Markets), Kuala Lumpur - It is unlikely that plantation companies will continue to post double-digit profit growths in 2023, according to analysts, due to lower crude palm oil (CPO) prices, higher energy costs, and costlier raw material.
CPO futures ends higher for second day
14/12/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher for the second consecutive day as demand for the commodity improved on better market sentiment.
