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CPO prices seen at RM4,400-RM4,600 on tighter supply
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
Palm slips over 1% on weaker soyoil, bearish MPOB data
Expanding palm oil stockpile to dampen CPO prices
20/09/2022 (The Edge Markets) - THE Malaysian palm oil inventory, which is likely to have surpassed two million tonnes for the first time in two years, is expected to add further downward pressure on crude palm oil (CPO) prices that have fallen from their peak in April this year.
Indonesia trimming palm oil stocks with discounts, India sales
20/09/2022 (The Star Online), JAKARTA/MUMBAI (Reuters) - Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.
Malaysia's 1H palm product exports reach RM71b
20/09/2022 (The Edge Markets), Miri - Malaysia’s palm product export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion.
Use oil palm biomass as feedstock for "green" jet fuel: Transport Minister
20/09/2022 (New Straits Times), Singapore - Malaysia hopes that oil palm biomass will be accepted as a feedstock for the production of sustainable aviation fuel (SAF) given the rising demand for the use of the jet fuel alternative worldwide.
Stronger exports, soybean oil performance lift CPO futures at the close on Sept 20
20/9/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil futures contract on Bursa Malaysia Derivatives ended higher on Tuesday (Sept 20), thanks to stronger exports which lifted the market, coupled with the strength in soybean oil trading on the Chicago Board of Trade.
Palm products export for January-June reaches RM71.02b
20/09/2022 (The Sun Daily) - Malaysia’s palm products export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion recorded during the period.
Tariff commission for palm oil price at Tk133 per litre, sugar Tk84 per kg
20/09/2022 (The Business Standard News) - Bangladesh Trade and Tariff Commission (BTTC) has recommended setting the price of palm oil at Tk133 per litre and the price of sugar per kg, considering the price situation of the world market and import cost.
MIDF Research raises Malaysia's 2022 exports, imports growth projection
20/09/2022 (The Edge Markets), Kuala Lumpur - MIDF Research has raised its 2022 growth projection for the country’s exports and imports to 22.4% and 29.5% respectively.
EU hopes for trade pact with Indonesia within two years
20/09/2022 (Malay Mail), Jakarta - The European Union hopes to strike a free-trade agreement with Indonesia within two years despite disputes with South-east Asia’s largest economy over palm oil and nickel, the bloc’s trade commissioner said today.
