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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
Indonesia launches corruption case over palm oil exports
JAKARTA (April 19): Indonesian authorities have opened a corruption case linked to the issuance of palm oil export permits, naming four suspects including a Trade Ministry official and palm oil company executives, the attorney-general said on Tuesday (April 19).
Cargill Suspends Palm Oil Purchases From Malaysia’s Sime Darby
Cargill Inc., one of the word’s biggest agricultural traders, stopped buying palm oil products from Sime Darby Plantation Bhd. after the U.S. said it found indicators of forced labor in the Malaysian grower.
CPO futures end higher, tracking soybean oil gains on CBOT
KUALA LUMPUR (April 18): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday (April 18), tracking gains in the soybean oil on the Chicago Board of Trade, as well as higher crude oil prices.
Egypt's exports to Malaysia hit $126.7M, joint projects in palm oil production to be established
CAIRO - 18 April 2022: Egypt’s exports to Malaysia hiked 35 percent during 2021, amounting to about $126.7 million, compared to about $94 million in 2020, according to the Minister of trade and Industry Nevine Gamea.
US soybean crush hit a record high for March: NOPA
The US soybean crush in March reached a record for the month at 181.76 million bushels (4.95 million mt), a National Oilseed Processors Association report said April 18.
Indonesia Jan-Feb biodiesel output at 1.4 mln KL – association
JAKARTA, April 18 (Reuters) - Indonesia's production of palm-based biodiesel in January and February stood at 1.4 million kilolitres, Paulus Tjakrawan, vice chairman of the Indonesian Biofuel Producers Association (APROBI) said on Monday.
Ferrero overlooks Sime Darby Plantation's sustainable palm oil production
KUALA LUMPUR (April 17): While the knee-jerk reaction on the part of multinational corporations like Ferrero to stop buying palm oil products from Sime Darby Plantation Bhd (SDP) is regrettable, they seem to have overlooked the fact that SDP is the largest producer of Roundtable on Sustainable Palm Oil (RSPO)-certified sustainable palm oil globally.
Soppoa: S’wak palm oil industry needs other source countries for workers
KUCHING (April 16): Sarawak Oil Palm Plantation Owners Association (Soppoa) is urging the government to allow the hiring of workers from other countries aside from Indonesia.
CPO futures record best weekly gains of the year due to supply worries
KUALA LUMPUR (April 15): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives improved further on Friday to close the week with the best weekly gains of the year amid worries over the tight supply outlook for the global vegetable oils market.
