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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
Wheat extends fall, soybeans firm on export optimism
Chicago wheat fell for a third straight session on Friday, retreating further from a two-month high hit earlier this week as technical selling pressured the market, traders said.
Indonesia to reimpose local palm oil sales rule as it ends export ban
JAKARTA, May 22 (Reuters): Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world's biggest producer of the key edible oil reversed a ban on its export.
Indonesia Lifts Palm Oil Export Ban in Relief to Global Market
19/05/2022 (Bloomberg) - Indonesia, the world’s biggest shipper of edible oils, lifted a ban on palm oil exports in a move that will bring relief to the global market after the war in Ukraine choked off critical supplies.
Indonesia to lift ban on palm oil exports from Monday
19/05/2022 (Free Malaysia Today) - Indonesia will lift its ban on palm oil exports next week, President Joko Widodo said on Thursday, relieving pressure on the global vegetable oil market after prices spiked because of the suspension and the war in Ukraine.
Indonesia to lift palm oil export ban from Monday: Jokowi
19/05/2022 (The New Straits Times), Jakarta - Indonesia will lift its palm oil export ban from Monday, following improvements in the domestic cooking oil supply situation, President Joko Widodo said on Thursday.
CPO price may have peaked, correction imminent — Public Investment
19/05/2022 (The Edge Markets), Kuala Lumpur - Malaysian crude palm oil (CPO) prices may have peaked as production is seen picking up in Malaysia while demand is expected to be soft in the short term and as Indonesia’s ban on palm oil exports is anticipated to be short-lived, according to Public Investment Bank Bhd on Thursday (May 19).
Palm oil may test support at 5,984 ringgit
19/05/2022 (Business Recorder), Singapore - Palm oil may test a support at 5,984 ringgit per tonne, a break below which could open the way towards 5,843 ringgit.
Palm olein, RBP palm oil-laden containers: Factory owners concerned over delay in clearance at AzaKhel Dry Port
19/05/2022 (Business Recorder), Peshawar - Factory owners belonging to erstwhile Federally Administered Tribal (Fata) and Provincially Administered Tribal Areas (Pata) expressed concern over delay in clearance of palm olein and RBP palm oil-laden containers at AzaKhel Dry Port, Nowshera.
Miti: Malaysia’s total trade soared 21.3pc to RM231.4b in April 2022
19/05/2022 (The Malay Mail), Kuala Lumpur - Malaysia’s trade performance continued its upward momentum in April 2022 with total trade increasing 21.3 per cent year-on-year (y-o-y) to RM231.44 billion, marking the 15th consecutive month of double-digit growth.
