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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm oil to end bounce below 5,048 ringgit, correction incomplete
Palm oil may end its bounce below a resistance at 5,048 ringgit per tonne and resume the drop from the Oct. 21 high of 5,220 ringgit.
Palm rebounds on tight supply concerns, rival oil strength
Malaysian palm oil futures rebounded on Monday as rainy season disrupted production of the versatile vegetable oil, with strength in rival oils supporting the market.
The World’s Most Consumed Edible Oil Is Facing a Supply Crunch
Palm oil production in Malaysia is on course for its weakest showing in five years as planters grapple with the worst-ever labor shortage in the second-biggest grower, and the low yields are likely to last through March.
EU banks play 'major role' in deforestation, report finds
Among these are soy giant SLC Agricola, which the report accuses of clearing 30,000 hectares of forest in the Amazon and Olam International, charged with razing 40,000 hectares of rainforest in Gabon between 2012 and 2017 to create rubber and palm-oil plantations.
MPIC continues to monitor anti-palm oil campaign
The Ministry of Plantation Industries and Commodities (MPIC) has continued to take the anti-palm oil campaign in the west seriously and is constantly monitoring the legal developments that could have a negative impact on the Malaysian palm oil industry.
Malaysian Ambassador offers support in uplifting Lanka’s rural communities
Ambassador of Malaysia to Sri Lanka, Tan Yang Thai, recently met with a delegation from the Palm Oil Industry Association Sri Lanka (POAISL), to discuss the benefits of a collaborative approach towards uplifting Sri Lanka’s rural communities.
Palm oil ends 2pc lower on China regulation fears
The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange closed down 105 ringgit, or 2.07%, to 4,966 ringgit ($1,194.90). It touched a record high of 5,220 ringgit per tonne earlier in the session.
Sime Plantation plans biogas power plant partnership
The venture will be undertaken with the largest grid-connected palm oil mill effluent biogas developer in Malaysia, Cenergi SEA Bhd’s wholly owned subsidiary Cenergi RE Sdn Bhd.
CPO futures lower on China action, India's price control rumours
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives erased Wednesday’s gains to end lower today weighed down by market talk of the Chinese government cracking down on speculative bets in the futures market in general, a dealer said
