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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
Positive outlook backed by strong CPO prices
The prospects of IOI Corp Bhd remain positive for the remainder quarters of its financial year ending June 30, 2022 (FY22), thanks to strong crude palm oil (CPO) prices.
How palm oil is inflating India's edible oil import bill
Value of palm oil import exceeds the value of total edible oil imports in Oil Year 2017-18 and Oil Year 2018-19.
Malaysia expects to benefit from use of drones in palm oil industry within 3 years
KUALA LUMPUR (Nov 24): Malaysia will be able to take full advantage of the use of drone technology in the palm oil sector within the next three years, said Minister of Plantation Industries and Commodities Datuk Zuraida Kamaruddin.
EU’s alleged palm oil discrimination proceeding to be held in Jan 2022, says Zuraida
KUALA LUMPUR, Nov 24 — A dispute proceeding against European Union’s (EU) alleged discrimination against palm oil will be held at the end of January 2022, according to Minister of Plantation Industries and Commodities (MPIC) Datuk Zuraida Kamaruddin.
Hap Seng Plantations’ 3Q net profit more than doubles to RM52.93m on higher palm oil prices
KUALA LUMPUR (Nov 24): Hap Seng Plantations Holdings Bhd’s net profit for the third quarter ended Sept 30, 2021 more than doubled to RM52.93 million from RM25.08 million a year ago, driven by higher crude palm oil (CPO) and palm kernel (PK) prices.
First palm oil-based renewable diesel plant to be built in Brazil
Palm oil producer Brazil Biofuels (BBF) and Vibra Energia, the main fuel distributor in Brazil, entered an agreement to unlock the construction of the first hydrotreated vegetable oil (HVO) plant in the country, local media has reported.
Indian farmers hold soybeans as demand stabilises
While harvest was complete some time ago, many of India's farmers are holding onto to soybeans instead of selling them to oilseed processors, hoping for an increase in prices.
Beneficial rains for Argentina’s soybeans do not cancel La Nina risks –Braun
Argentina’s core grain belt is on pace for better rainfall this month than has been seen in many recent Novembers, but with La Nina in action and planting still in progress, the country’s soybean crop remains at risk of a third consecutive disappointment.
FGV passionate about changing Malaysian palm oil narrative — CEO
KUALA LUMPUR (Nov 24): FGV Holdings Bhd is passionate about changing the narrative for Malaysian palm oil by taking a holistic view and approach towards sustainability to ensure that environmental, social and governance (ESG) considerations continue to take the centre stage in all of oil palm plantation company FGV’s undertakings, according to FGV group chief executive officer (CEO) Mohd Nazrul Izam Mansor.
