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MARKET DEVELOPMENT
01-07-2022

Licences of palm oil millers will be revoked if they refuse to resume operations, says Wee Jeck Seng

30/06/2022 (The Star Online), Petaling Jaya - Palm oil millers that have stopped buying fresh fruit bunches (FFB) risk having their operating licence suspended, says the Plantation Industries and Commodities Ministry.

MARKET DEVELOPMENT
01-07-2022

Palm oil millers warned of licence suspension after halting operations

30/06/2022 (Free Malaysia Today), Petaling Jaya - Palm oil millers who ceased operations due to the sharp fall in edible oil prices have been issued letters of reminder to continue operations or face action for failing to comply with the terms of their licences.

MARKET DEVELOPMENT
01-07-2022

MPOB issues letter of reminder after palm oil manufacturers stop ops

30/06/2022 (The Star Online), Kuala Lumpur - The government through the Malaysian Palm Oil Board (MPOB) today issued a letter of reminder to palm oil manufacturers following the cessation of operations after the sharp fall in edible oil prices.

MARKET DEVELOPMENT
01-07-2022

Palm oil climbs as Indonesia considers raising biodiesel mandate

01/07/2022 (The Edge Markets), Singapore - Palm oil resumed an advance as top producer Indonesia considers a plan to increase its biodiesel mandate, a move aimed at slashing its fuel import costs and soaking up bulging edible oil stockpiles.

MARKET DEVELOPMENT
01-07-2022

Malaysia must make known its palm oil sustainability initiatives - experts

01/07/2022 (The Edge Markets), Kuala Lumpur - Malaysia must make known its palm oil sustainability initiatives - experts

MARKET DEVELOPMENT
01-07-2022

Palm oil audit hopes to clean up â€˜very dirtyâ€™ Indonesian industry

30/06/2022 (Eco Business) - Activists have welcomed the Indonesian governmentâ€™s announcement to carry out a nationwide audit of all palm oil companies operating here, in response to a shortage of cooking oil that has wracked the worldâ€™s top producer of palm oil.

MARKET DEVELOPMENT
01-07-2022

UMB to prioritise improving FFB yields

30/06/2022 (The Star Online), Petaling Jaya - United Malacca Bhd (UMB) is aiming for higher fresh fruit bunch (FFB) for the financial year 2023 (FY23), supported by better yields, palm tree age profile and an increase in mature area in its oil palm estates in Kalimantan, Indonesia.

MARKET DEVELOPMENT
01-07-2022

Palm oil set for steepest monthly decline since 2008 financial crisis

30/06/2022 (Business Recorder) - Malaysian palm oil futures firmed on Thursday ahead of June export data, but worries over declining shipments and rising production set the contract for its biggest monthly slump since the 2008 financial crisis.

MARKET DEVELOPMENT
01-07-2022

Sâ€™wak oil palm plantation owners seek help from ministry to resolve labour shortage

30/06/2022 (The Borneo Post), Bintulu - This was disclosed by Sarawak Oil Palm Plantation Owners Association (Soppoa) chief executive officer Dr Felix Moh Mee Ho in a statement today.

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