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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Establishment of TCDA crucial for development of palm oil industry – Proforest
01/11/2022 (Business Ghana) - Ghana has developed a number of initiatives to promote the palm oil industry under the African Palm Oil Initiative (APOI) which has been evolved to Africa Sustainable Commodity Initiative (ASCI)
Mechanisation in Malaysia’s oil palm plantation sector addresses dependency on foreign labour, says deputy minister
01/11/2022 (Malay Mail) - The development of mechanisation in the oil palm plantation sector needs to be improved within three to five years as the best alternative in reducing the dependence on foreign labour, which has become increasingly critical recently.
Indonesia extends palm oil export levy waiver up to ref price of $800/T
01/11/2022 (Hellenic Shipping News) - Indonesia said on Monday it has extended until the end of this year its policy of waiving a palm oil export levy, unless the palm oil reference price breaks $800 per tonnes, the economic ministry said.
Ongoing supply risk, improving demand brightens prospects for CPO prices — IOI CEO
31/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) prices are expected to be continuously supported by supply constraints and its price competitiveness against other edible oils in 2023, amid unfavourable geopolitical development in Russia and Indonesia’s palm oil export friendly policies, according to a senior executive in the sector.
VEGOILS-Palm rises over 4% after Russia pulls out of Black Sea export corridor
31/10/2022 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures jumped more than 4% on Monday, rebounding from last week's losses after Russia withdrew from a Black Sea export deal, which may hurt global grain and sunflower oil supplies.
Palm ends higher after Russia pulls out of Black Sea export corridor
31/10/2022 (Business Recorder) - KUALA LUMPUR: Malaysian palm oil futures closed higher on Monday, rebounding from last week’s losses after Russia withdrew from a Black Sea export deal, jeopardising global grain and sunflower oil supplies.
Foreign labour shortage needs to be resolved soon, says National Recovery Council
31/10/2022 (The Edge Markets), Kuala Lumpur - The shortage of foreign workers needs be resolved soon, with arrivals of foreign labour into Malaysia being too few compared to the amount of levies already paid at RM713,890 for the approved quota of 467,223, said the National Recovery Council.
Stocks splutter, euro falls ahead of euro zone inflation data
31/10/2022 (The Edge Markets), London - Europe's stocks and main currencies fell on Monday ahead of upcoming euro zone inflation data, Fed, BOE and RBA rates hikes later in the week and as Russia's withdrawal from a Ukrainian grain transit pact sent wheat and corn prices higher.
A withdrawal from a grain deal could impact the growing global hunger crisis
31/10/2022 (Egypt Independent) - Russia’s decision to pull out of the UN-brokered agreement that guaranteed safe passage for ships carrying vital grain exports from Ukraine has sparked “grave concerns” over global food supply at a time when the world is already facing a growing hunger crisis.
