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MARKET DEVELOPMENT
10-08-2022

Indonesia lowers export tax threshold on crude palm oil to $680/T â€“ministry

09/08/2022 (Reuters) - Indonesia on Tuesday lowered its threshold for applying export tax on crude palm oil to a reference price of $680 per tonne, down from $750 per tonne previously, according to a finance ministry regulation.

MARKET DEVELOPMENT
10-08-2022

Marked increase in palm oil exports and palm-oil based products from Jan-June this year

09/08/2022 (New Straits Times), Kuala Lumpur - Palm oil exports and palm oil-based products rose by 55.2 percent to RM67.48 billion between January and June this year from RM43.47 billion during the corresponding period in 2021.

MARKET DEVELOPMENT
10-08-2022

Minister: Mâ€™sia palm oil exports rise by 55.2 pct from Jan-June 2022

09/08/2022 (Borneo Post Online), Kuching - Malaysiaâ€™s palm oil and palm-oil based products export rose by 55.2 per cent between January and June this year to RM67.48 billion, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.

MARKET DEVELOPMENT
10-08-2022

Malaysiaâ€™s palm oil potential remains intact despite softening CPO prices: MPIC

09/08/2022 (The Sun Daily) - Malaysiaâ€™s palm oil potential remains intact despite softening crude palm oil (CPO) prices, and its prospects will remain bright in the second half of 2022 (2H 2022).

MARKET DEVELOPMENT
10-08-2022

Zuraida: Malaysia's palm oil potential remains intact despite softening CPO prices

09/08/2022 (The Edge Markets), Kuala Lumpur - Malaysiaâ€™s palm oil potential remains intact despite softening crude palm oil (CPO) prices, and its prospects remain bright in the second half of 2022 (2H22), according to Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.

MARKET DEVELOPMENT
10-08-2022

CPO price to trade range-bound in near term

09/08/2022 (The Star Online), Kuala Lumpur - The price of crude palm oil (CPO) could trade in a range-bound level after a steep correction from a peak in June, research house UOB Kay Hian Researchâ€™s (UOBKH) says.

MARKET DEVELOPMENT
09-08-2022

Palm climbs nearly 5% as rival oils strengthen

08/08/2022 (Hellenic Shipping News) - Malaysian palm oil futures jumped 4.9% on Monday, erasing some sharp losses recorded last week, as markets tracked gains in rival Dalian and Chicago oils.

MARKET DEVELOPMENT
09-08-2022

Weak ringgit has its strengths

08/09/2022 (The Star Online) - A weaker ringgit is not the main determining factor of export competitiveness and it does not always work in favour of export-oriented industries.

MARKET DEVELOPMENT
09-08-2022

CPO futures close higher on Aug 8, tracking soybean oil gains on CBOT

09/08/2022 (The Edge Markets) - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday (Aug 8), tracking gains on the Chicago Board of Trade (CBOT), a dealer said.

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