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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
Minister supports initiative of red cooking oil production
03/12/2022 (Antara News), Jakarta - Trade Minister Zulkifli Hasan voiced his support for the cooperative-based red cooking oil (3M) production plan whose pilot project kicked off in Langkat, Deli Serdang and Asahan districts, North Sumatra.
Prices of edible oil, red lentil rise
02/12/2022 (New Age) - The prices of edible oil and red lentil increased on the kitchen markets in the Dhaka city while other essential commodities, including rice, atta and sugar, remained pricey over the week.
Despite rise in CPO value, cooking oil price cap unchanged
01/12/2022 (Free Malaysia Today), Petaling Jaya - Despite a rise in crude palm oil (CPO) prices in November, the government’s ceiling price for bottled cooking oil will remain unchanged for the next month.
Current cooking oil prices to remain unchanged until Jan 7
01/12/2022 (The Sun Daily), Putrajaya - The retail prices of cooking oil for the period Dec 8, 2022 to Jan 7, 2023 will remain unchanged said Domestic Trade and Consumer Affairs Ministry’s (KPDNHEP) secretary-general Datuk Azman Mohd Yusof.
Indonesia sets crude palm oil reference price at $824.32 a tonne for Dec. 1-15
02/12/2022 (Hellenics Shipping News) - Indonesia set reference price of its crude palm oil (CPO) at $824.32 per tonne for Dec. 1-15 shipments, Trade Ministry regulation showed on Wednesday.
'Sabah still wants 40 per cent net revenue from federal govt'
01/12/2022 (New Straits Times) - KOTA KINABALU: The Sabah government said the state is still demanding the 40 per cent net revenue derived by the federal government from the state and claims that say otherwise are a misunderstanding.
Awaiting China’s full recovery
02/12/2022 (The Jakarta Post) - Southeast Asian countries have high expectations that China will soon win its fight against COVID-19. A fully recovered China matters to nations in the region, if not the whole world, because it is a main driver of global economic growth.
Ban on GMO soyabean: govt, importers take divergent positions
01/12/2022 (Business Recorder), Islamabad - The APSEA (All Pakistan Solvent Extractors’ Association) patron-in-chief, Shehzad Ali Khan while briefing the National Assembly Standing Committee on National Food Security meeting, said that they are importing oil seed and its powder used in poultry feed.
Sarawak trade up 55% to RM141.2 bln for Jan-Aug 2022: Awang Tengah
01/12/2022 (The Sun Daily), Kuching - Sarawak’s total external trade for the first eight months of this year rose 55 per cent to RM141.2 billion compared with RM91.1 billion for the same period last year.
