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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
Palm oil plummets as Indonesian exports set to 'flood' market
KUALA LUMPUR/SINGAPORE (July 4): Palm oil slumped more than 7% to the lowest close since December after top producer Indonesia announced an increase in export quotas in an attempt to cut bloated domestic inventories.
Analysts mixed on plantation sector's outlook
KUALA LUMPUR (July 4): Analysts are mixed on the plantation sector in view of the impact of supply concerns due to the prolonged war in Ukraine, Indonesia’s proposed palm oil export quota hike and excessive inventories.
Kedah consumers' association: Make public price-setting mechanism on unsubsidised cooking oil
ALOR STAR: "The global crude palm oil price has been plunging since last month, but the price of bottled cooking oil has increased. So, will the retail price of unsubsidised cooking oil become cheaper soon?"
Palm oil may stabilize around 4,588 ringgit
SINGAPORE: Palm oil may stabilize around a support at 4,588 ringgit per tonne, and test a resistance at 4,742 ringgit thereafter.
Russia reduces sunflower oil export tax sharply to support exports
Sanctions-hit Russia has reduced its sunflower oil export tax sharply after changing the formula it uses for calculating it to support shipments while its rouble currency hovers near multi-year highs, the agriculture ministry said on Saturday.
Subsidised cooking oil sufficient so far, says Jeck Seng
BENTONG: The subsidised cooking oil quota of 55,000 metric tonnes per month or 660,000 metric tonnes a year has been sufficient so far, says Deputy Plantation Industries and Commodities Minister Datuk Seri Dr Wee Jeck Seng (pic).
Audit on edible oil producers
PETALING JAYA: Comprehensive audits of cooking oil manufacturers and repackaging premises will be carried out nationwide in a move to tackle the exploitation of subsidies and irregularities in supply, says Datuk Seri Ismail Sabri Yaakob.
Malaysian palm oil exporters may face stiff competition in coming months, says PublicInvest
KUALA LUMPUR (July 4): PublicInvest Research has maintained its “neutral†rating on the plantation sector and said Malaysian palm oil exporters may be facing stiffer competition in the coming months as Indonesia has proposed to raise palm oil export quotas last Friday due to excessive palm oil inventories in the world’s largest producing country.
Let's play our part in promoting palm oil's many health benefits
LETTERS: With all the discrimination against palm oil and its products, I want to share the health benefits it has.
