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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Palm oil stock likely grew 2.8% at end-March
07/04/2022 (The Star Online), Petaling Jaya - Malaysia’s palm oil inventory grew 2.8% month-on-month (m-o-m) to 1.56 million tonnes at end-March due to higher output, estimates CGS-CIMB Research.
Malaysia’s palm oil can benefit from Ukraine-Russia crisis
THE Ukraine-Russia crisis can restore and increase Malaysia’s palm oil exports as well as expand to new markets.
Malaysia’s end-March palm oil stocks seen edging up on rising production: survey
Malaysia's palm oil production is expected to have risen by 17% on the month to 1.34 million mt in March pushing month-end stocks higher, a S&P Global Commodity Insights survey showed April 7.
Explained: Indonesia’s palm oil crisis
The world’s largest producer and exporter of palm oil is facing domestic shortages, leading to price controls and export curbs. What explains this situation, and what are the implications for India?
MPIC wants to form business venture with Pakistan
THE Ministry of Plantation Industries and Commodities (MPIC) has invited businesses in Pakistan to enter into more joint ventures with Malaysia, mainly in the development of downstream products.
India’s import bill for edible oil likely to jump by $2 billion
India has contracted 45,000 tonne of sunflower oil from Russia and another 20,000 tonnes of sunflower from Argentina for the current month at $2100 per tonne. The ongoing conflict between Russia and Ukraine has pushed up edible oil prices sharply in the March quarter.
Soybean oil demand spikes in Japan following COVID-19
TOKYO, JAPAN — As the economy recovers from COVID-19 measures, demand for soybean oil in Japan is spiking with less people cooking at home, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).
CPO futures end lower on concerns over rising production
KUALA LUMPUR (April 7): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday on concerns over rising production, said a dealer.
VEGOILS-Palm falls for second day on higher output forecast
KUALA LUMPUR, April 7 (Reuters) - Malaysian palm oil futures fell for a second straight session on Thursday, as industry group Malaysian Palm Oil Association (MPOA) forecast a bigger-than-expected rise in March production.
