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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
Malaysia's palm oil giant FGV swings to profit in Q1 earnings
31/05/2022 (Channel News Asia), Kuala Lumpur - Malaysian palm oil planter FGV Holdings reported on Tuesday it swung to a profit in the first quarter, helped by higher crude palm oil prices and improved sales volume.
Substantial hike in prices of edible oil, ghee at Utility Stores
01/06/2022 (The News), Karachi - The prices of edible oil and ghee have been increased at the Utility Stores throughout the country.
Easing the pain of scarce dollar in edible oils sector
01/06/2022 (Business Daily Africa) - The Kenyan shilling has hit a new record low of Sh121 to the US dollar this month. Pressure has been mounting on the shilling due to an unfavourable export to import ratio. Demand for imports has risen since the Covid-19 pandemic.
Indonesia could issue palm oil export permits today, official says
30/05/2022 (The Edge Markets), Jakarta - Indonesia's trade ministry has received a number of palm oil export permit requests that could be granted within the day, senior ministry official Veri Anggriono said on Monday.
Malaysia's palm oil association expects 52,000 migrant workers to enter by year-end
30/05/2022 (Channel News Asia), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) is expecting about 52,000 migrant workers to arrive by the end of the year but warned that it would be too little, too late for output to rebound in the world's second-largest producer.
Indonesia aims to issue first palm oil export permits since ban
30/05/2022 (The Malay Mail) - Indonesia has received its first requests for palm oil export permits following the lifting of a ban a week ago, some of which could be granted today, a senior official said, signaling a calibrated resumption of shipments amid protracted delays.
BRIN creates fruit coating solution from palm oil derivative products
30/05/2022 (Antara News), Jakarta - Agriculture and Crop Research Organization's Agroindustry Research Center at the National Research and Innovation Agency (BRIN) created a coating solution to maintain freshness and increase shelf life of fruits by utilizing palm oil derivative products.
Palm oil may seek support around 6,220 ringgit
30/05/2022 (Business Recorder), Singapore - Palm oil may seek a support around 6,220 ringgit per tonne, as suggested by a retracement analysis.
TH Plantations’ Q1 earnings surge 44pc on higher average prices
30/05/2022 (The Malay Mail) - TH Plantations Bhd (THP) boosted its net profit by 44 per cent to RM21.59 million for the first quarter ended March 31, 2022, from RM14.97 million a year earlier on higher revenue from its oil palm plantations.
