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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
No soybean oil in stores yet
Most of the groceries in the city are out of soybean oil, except for a few big shops in the essential commodity markets, even though the government raised its price to Tk198 on Sunday--a record price hike of Tk38 per litre of soybean oil.
Explainer: Why edible oil price is skyrocketing
The price of bottled soybean oil in Bangladesh has reached a record high of Tk198 per liter, stirring anger and dissatisfaction at the mass consumer level as the price was increased several times before the beginning of Ramadan as part of a tradition to bag extra profits. In the current volatile state of the oil market, low- and middle-income people are facing unbearable sufferings.
Tanzania plans to end sugar, edible oil imports by 2025
DAR ES SALAAM, May 9 (Xinhua) -- The government of Tanzania on Monday announced plans aimed at ending sugar and edible oil imports by 2025.
Palm oil supply curbs may hit Nepali manufacturers
KATHMANDU – Until a few years ago, Nepal imported no palm oil. Today, imports of this edible vegetable oil are valued in the billions, reaching Rs32 billion in the third quarter of this fiscal year.
How Africa is bearing the brunt of palm oil's perfect storm
08/05/2022 (City Press) - Djeneba Belem’s fried bean cake stall in Abidjan in the Ivory Coast is a world away from the war raging in Ukraine. But her business is now at the mercy of an unexpected consequence – the runaway palm oil prices.
Another 1.31 crore litres of palm oil reach Ctg port
06/05/2022 (The Business Standard) - A ship carrying 1.31 crore litres of palm oil on Friday arrived in the Chattogram port from Indonesia.
Palm oil falls 4% on likely higher April stockpile
06/05/2022 (Business Recorder) - Malaysian palm oil futures extended losses on Friday and looked set for their steepest weekly fall in seven, weighed down by surveys anticipating a rise in end-April inventories.
The world is running out of oil — vegetable oil
05/05/2022 (The Star Online) - It’s funny how we sometimes take the simple things in life for granted. Cooking oil is certainly one of them, though our appreciation for vegetable oil could soon reach new heights.
Bearish bias seen in crude palm oil market in near term
09/05/2022 (The Business Times) - THE crude palm oil (CPO) market continued to buoy higher owing to poor fundamentals, but is currently facing technical resistance that is preventing it from advancing further in the near term.
