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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
Russia raises quota for sunflower oil exports
Russia has increased the quota for its exports of sunflower oil and sunflower meal, the government said today, citing sufficient domestic supplies.
Soybean oil price slashed by Tk14 a litre, palm oil by Tk6
The commerce ministry has cut the prices of bottled soybean oil by Tk14 and palm oil by Tk6 per litre.
FDA to Set Up Tracing System for Palm Oil Adulteration
The Food and Drugs Authority (FDA) will soon trace culprits who mix and contaminate palm oil with Sudan IV Dye, popularly known as “Suudiiâ€, in the palm oil value chain.
Youths willing to ‘get dirty’ with proper incentives and support
Incentives should be provided to attract more youths to “get dirty†by working at palm oil plantations, says the Felda Malaysia Youth Council.
Price of cooking oil will be based on market palm oil prices, says Annuar
14/07/2022 (The Star Online), Petaling Jaya - Industry players have agreed that the prices of cooking oil will be based on the current market of palm oil prices, says Tan Sri Annuar Musa.
Industry agrees to reduce cooking oil prices in stages
14/07/2022 (The Sun Daily), Putrajaya - The palm oil industry has agreed in principle to make adjustments to reduce prices of cooking oil in stages, based on the current market price of crude palm oil, said Special Task Force on Jihad Against Inflation chairman Tan Sri Annuar Musa.
Retail price of bottled palm oil in Thailand reduced by up to ฿5
14/07/2022 (Thai PBS World) - Retail prices of one-litre bottles of palm oil at department stores and super markets have reduced from 69-70 baht to 64-65 baht, in response to a request from the Internal Trade Department.
Freeze on Indonesian workers bad news for plantation sector
14/07/2022 (Free Malaysia Today), Petaling Jaya - With oil palm plantations entering the seasonal peak production period from August to October, Indonesia’s temporary freeze on workers entering Malaysia could not have come at a worse time.
CPO prices to remain elevated for the rest of 2022- Research house
14/07/2022 (New Straits Times), Kuala Lumpur - Crude palm oil (CPO) prices are expected to remain elevatedin the second half of this year (H2 2022) on supply concerns and improved demand outlook, according to MIDF Research.
