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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
House of the year, Malaysia: CIMB
By maintaining strong trading discipline and close ties with authorities, CIMB Malaysia has remained sure-footed through the market upheaval of early 2020 and, following a successful 2019, is well ahead of the market this year.
B20 biodiesel available throughout Malaysia by next June
THE national B20 biodiesel programme for the transportation sector — which was initially postponed at the beginning of the Movement Control Order in March — has recommenced to expedite the uptake of the local consumption of biodiesel.
Malaysia palm oil producers look to prisons, rehab centres to solve labour crunch
Malaysia's labour-reliant palm oil companies are looking to recruit recovering drug addicts and prisoners to solve a severe shortage of migrant foreign workers as the coronavirus pandemic shuts borders and hampers output of the edible oil.
Solidaridad Network : RSPO Members in Guatemala and Honduras adapt sustainable palm oil standards
RSPO members in Guatemala and Honduras created groups that, along with other actors, work together under the continuing oversight of RSPO representatives in Latin America.
Smallholders support Council of Palm Oil Producing Countries’ proposed global alliance to counter negative campaigns
Representatives that attended the Council of Palm Oil Producing Countries’ (CPOPC) latest forum have stated their support on efforts to establish a global alliance to counter negative campaigns or stigmatisation of palm oil.
Sime Darby Plantation provides second chance for parolees
Sime Darby Plantation Bhd (SDP) is looking into getting parolees to join the plantation industry due to a major shortage of workers following the COVID-19 pandemic.
Palm oil snaps 2-day losing streak
Malaysian palm oil futures ended higher on Tuesday, snapping a two-day losing streak and climbing as much as 3%, tracking sharp gains in rival soyabean oil, although concerns over rising September production lingered.
Palm Oil Growers Seek Prisoners to End Virus-Driven Labor Crunch
The coronavirus crisis has pushed the Malaysian palm oil industry into a labor crunch so severe that it’s turning to prisoners for help.
UPDATE 1-Indonesia to revamp palm oil levy to support biodiesel programme
Indonesia, the world's largest palm oil producer, plans to revise its palm oil export levy rules to allow higher collection when prices increase, a senior cabinet minister told Reuters, as part of moves to underpin an ambitious biodiesel programme.
