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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
India’s quest for food self-sufficiency goes beyond palm oil
NEW DELHI • Reducing dependence on imported edible oils is part of India’s larger quest for food self-sufficiency.
VEGOILS-Palm oil falls on weaker crude but hopes of higher exports limits losses
KUALA LUMPUR, June 15 - Malaysian palm oil futures fell on Monday, weighed by weaker crude prices, although hopes of a dramatic rise in June 1-15 exports limited losses
Oil palm: Telangana taps its potential
Hyderabad: With increased irrigation facilities in the State and the government encouraging farmers to diversify from traditional farming patterns, oil palm cultivation could be the next big thing happening in the agriculture sector in Telangana. Currently, oil palm is being grown in Nalgonda, Suryapet, Khammam and Bhadradri districts of the State with a cumulative area coverage of around 45,000 acres, producing around 30,000 tonnes of crude palm oil.
MPOB orders oil palm mill in Kluang to stop work for causing pollution
KUALA LUMPUR (June 15): Malaysian Palm Oil Board (MPOB) has ordered an oil palm mill in Kluang, Johor that caused river pollution to halt its operation immediately until the date the Johor Department of Environment (DOE) lifts the suspension of its licence, said MPOB Director General Dr Ahmad Parveez Ghulam Kadir.
Digitalization Helps Boost Palm Oil Company amid COVID-19
TEMPO.CO, Jakarta - Indonesian palm oil company, PT Astra Agro Lestari, has recorded positive operational and financial performance amid the global COVID-19 pandemic, which has posed economic challenges worldwide.
CCP to start inquiry regarding high prices of cooking oil, ghee
Due to the decrease in international palm oil prices, some premium brands decreased their prices by a nominal Rs5 per kg, however the MoIP calculates that the actual reduction should have been at least Rs50 per kg.
Malaysia’s CPO exports to China face stiff competition from Indonesia
MALAYSIA’S palm oil exports to the Chinese market is likely to face fierce competition from Indonesia due to their competitive price point and higher crude palm oil (CPO) output
What does the return of palm oil trade mean for India-Malaysia ties?
Malaysia is expecting to see improved relations with India after resuming exports of palm oil to the South Asian power. India has signed contracts to purchase up to 200,000 tonnes of palm oil from Malaysia in June and July, resuming purchases after a four-month pause
Inflation to fall further in next fiscal year
The Pakistan Economic Survey 2019-20 noted that the falling crude oil prices will further ease inflationary pressures and the government expects it to enter single- digit in next fiscal year (FY21).
