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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
Palm falls on weak rival oils, crude oil prices, April demand concerns
Government strives to ensure continued supply of cooking oil: Minister
05/03/2022 (Antara News), Palembang - Coordinating Minister for Economic Affairs Airlangga Hartanto emphasized that the government had persistently endeavored to ensure continued supply of cooking oil in the community to address the current dearth.
Record cooking oils are latest threat to surging food inflation
04/03/2022 (The Edge Markets) - Prices of cooking oils, used in thousands of products from chocolate to margarine and instant noodles, are on a tear and that means shoppers need to brace for more expensive groceries.
Increased revenue from high palm oil demands a boost to post-Covid recovery, says minister
04/03/2022 (New Straits Times) - The increased revenue from the growing demands for palm oil will greatly help the country's recovery from the effects of the Covid-19 pandemic, said the Ministry of Plantation Industries and Commodities.
Malaysia's end-February palm oil stocks seen at 10-month low as exports rise
04/03/2022 (The Edge Markets), Kuala Lumpur - Malaysia's palm oil stockpile at end-February likely plunged to its lowest in 10 months, as production shrank for a fourth consecutive month while exports jumped, a Reuters survey showed on Friday (March 4).
Palm oil slumps on demand destruction and food inflation worries
04/03/2022 (The Edge Markets) - Palm oil retreated on concerns about demand destruction from record high prices, although expectations of shrinking stockpiles in second-biggest grower Malaysia and escalating tension in the Black Sea region curbed losses.
04/03/2022 (The New Straits Times) - KUALA LUMPUR: The increased revenue from the growing demands for palm oil will greatly help the country's recovery from the effects of the Covid-19 pandemic, said the Ministry of Plantation Industries and Commodities.
Focus on improving yields, palm oil players advised
03/03/2022 (The Sun Daily), Petaling Jaya - Palm oil players should focus on increasing yields and not hectarage as a way out of the unusual crude palm oil (CPO) supply crunch which has seen CPO futures contract hitting an all time high of RM8,163 per metric ton (pmt), according to Inter-Pacific Securities head of research Victor Wan.
CPO futures rebound to end higher
03/03/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to end higher on Thursday on expectation of increasing demand on the back of the Russia-Ukraine crisis, dealers said.
Massive palm oil rally is starting to turn away buyers in India
03/03/2022 (The Edge Markets), New Delhi - The blistering rally in palm oil is starting to turn away customers in India, the world’s biggest importer.
