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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
VEGOILS-Palm oil jumps 3% to one-week high on lower stocks forecast
KUALA LUMPUR, Dec 7 (Reuters) - Malaysian palm oil futures hit a one-week high in their second consecutive day of gains on Tuesday, as industry surveys pointed to tightening November production and inventory.
Indonesia court rejects bid to reinstate palm oil permits in Papua
JAKARTA (Reuters):An Indonesian court on Tuesday (Dec 7) rejected a bid by two companies to reinstate permits for palm oil plantations in its easternmost region of Papua, in what was seen as a test of the government's pledge to halt such land conversions to contain deforestation.
Posco International sets up holding company in Singapore to bolster palm oil biz
Posco International Corp., the trading arm of South Korean steel giant Posco, said Wednesday it has set up a holding company in Singapore to further expand its palm oil business overseas.
CPO futures hit one-week high on worries over lower output
KUALA LUMPUR (Dec 7): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives hit a one-week high on Tuesday on concerns over weaker output ahead of a key crops report due this week.
MPIC: Malaysia awaits consideration from source countries for foreign workers
KUALA LUMPUR (Dec 7): Malaysia is now awaiting consideration from source countries, namely Indonesia, in relation to the mechanism to bring in foreign workers for the oil palm plantation sector, said the Ministry of Plantation Industries and Commodities (MPIC).
Council of Palm Oil Producing Countries must use latest technologies to counter anti-palm oil propaganda, says minister
JAKARTA, Dec 4 — Strategies devised to debunk myths surrounding palm oil must leverage today’s technological advancements, including the cyber platform where news travels fast, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
Indonesia’s Palm Oil Exports, Production Seen Up Next Year- Gapki
Indonesian production of crude palm oil is expected to improve next year, Togar Sitanggang, the vice chairman of the southeast Asian nation’s palm association (GAPKI) said.
Bursa lower in early trade
KUALA LUMPUR (Dec 6): The FBM KLCI turned lower after a positive start in line with negative sentiment on Wall Street, given the ongoing worries over the Omicron Covid-19 variant.
China-Malaysia Ties: Foreign ministers discuss cooperation, sustainable development
The foreign ministers of China and Malaysia met on Saturday, discussing the pandemic, trade and the Belt and Road Initiative.
