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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Nigeria’s palm oil price highest in world market- Experts
Price of Nigeria’s palm oil is over 200 % highest above the global market, The Nation can authoritatively report.
GRAINS-Soybeans hit over 4-year high on strong China demand
SYDNEY, Oct 26 (Reuters) - U.S. soybean futures rose for a sixth consecutive session on Monday to a more than four-year high on the back of strong Chinese demand.
DuPont Nutrition & Biosciences has set example for sustainable palm oil
As part of its campaign to advance the responsible production of palm oil, the World Wildlife Fund (WWF) recently published over 30 case studies documenting industry efforts to transition to 100 per cent sustainable palm oil. The DuPont Nutrition and Biosciences (DuPont N&B) business was featured as a case study contributing to WWF’s mission.
The Sustainable Palm Oil Revolution
Malaysia is the second largest exporter of palm oil and home to some of the world’s oldest rainforests
Edible oil prices cut by Tk 2 a litre
Edible oil processors yesterday agreed to cut the prices of loose soybean and palm oil by Tk 2 per litre at mill gates to give some relief to consumers amid the rising prices of essential items
Europe needs laws to stop import of deforestation-linked products, lawmakers say
The European Parliament on Thursday called for the European Union to introduce laws to prevent the import of commodities and products linked to deforestation and human rights abuses.
Oil price higher, boosted by US stimulus hopes
Oil prices ticked up on Thursday, boosted by the possibility of an economic stimulus package in the United States, but struggled to recover fully from the previous session's losses when higher U.S. gasoline inventories signalled a deteriorating demand outlook as coronavirus cases soar.
No forced labour issue here, say companies
Issues over incidences of forced labour in the country have already been dealt with, either through government policies or through individual company proactive initiatives
Slowing global CPO production
The global palm oil production going into next year will likely be hampered by the labour shortage issues in Malaysia and poor yield growth in Indonesia, caused by low fertiliser application in the second half of 2018-2019.
