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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
CPOPC holds webinar: 'Almost 70pc of imported palm oil is used for Vanaspati, blended cooking oil manufacturing'
LAHORE: "Almost 70 percent of palm oil imported in Pakistan is used for Vanaspati and blended cooking oil production, and the share of sustainable palm oil has gradually increased in past few years. The Certified Sustainable Palm Oil (CSPO) has shown significant growth over the years and currently consists of 42 percent of the total oil imports to Pakistan".
Proposed taxes to weigh on plantation firms
KUALA LUMPUR: Malaysian plantations are faced with two new government tax initiatives, which could weigh heavily on their earnings, says RHB Research.
Timely increase in windfall profit tax value
THE government under Budget 2022 has proposed to increase the threshold price for crude palm oil (CPO) windfall profit tax (WPT) structure for local plantation companies.
Palm Heads For Second Monthly Gain On Tight Supply Concerns
Malaysian palm oil futures were on track for a second straight monthly gain amid concerns about tight supply as prices rose on Friday after two sessions of falls in a row.
Palm gains for second month in a row
JAKARTA: Malaysian palm oil futures posted a second straight monthly rise in October amid concerns about tight supply, with prices tracking gains in rival vegetable oils on Friday after two consecutive sessions of losses.
MPIC: Budget 2022 focuses on targeted development of agri-commodity sector
KUALA LUMPUR (Oct 30): The Ministry of Plantation Industries and Commodities (MPIC) opined that Budget 2022 focuses on a more targeted development of the agricultural commodity sector.
Correction in sight in 2022 for palm oil prices, says Fitch
KUALA LUMPUR (Oct 29): Fitch Solutions Country Risk and Industry Research expects crude palm oil prices to average RM4,200 per tonne in 2021, compared with its previous forecast of RM3,800 a tonne.
Discriminating against M'sian palm oil on food labels now an arrestable offence, says Deputy Minister
KUALA LUMPUR: An amendment was passed by Dewan Rakyat to make it an arrestable offence to "discriminate against or boycott" Malaysian palm oil, says Datuk Rosol Wahid.
MPIC committed to applying technology to boost oil palm, rubber yield — deputy minister
KUALA LUMPUR (Oct 28): The Ministry of Plantation Industries and Commodities (MPIC) remains committed to boosting oil palm and rubber yields through the application of technologies such as the satellite navigation system and smart irrigation.
