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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
Oil sinks after record 19mn-barrel US crude build
US crude prices fell to an 18-year low and Brent lost more than 6% on Wednesday after the United States reported its biggest weekly inventory build on record, while global demand is expected to fall to quarter-century lows due to the coronavirus pandemic
Policy on tariff rationalisation for FY 2020-21
The Ministry of Commerce has tabled major proposals for rationalisation of customs tariff including elimination of fifth schedule of Customs Act, introduction of zero slab and removing additional customs duty and regulatory duties in phased manner starting from next budget for 2020-21.
Palm oil prices up on higher rival oils and crude, slowing exports weigh
Malaysian palm oil futures climbed for the third day on Thursday, tracking higher oil, but gains were capped by a drop in exports due to the coronavirus-driven lockdowns
World oil demand forecast to suffer biggest drop ever
Global demand for oil will fall this year by the most ever due to the economic lockdowns enforced around the world to contain the coronavirus pandemic, the International Energy Agency said Wednesday
Plantation sector experts concerned over May CPO exports
Plantation experts are concerned over crude palm oil (CPO) exports from May onwards, as many nations are still battling against the COVID-19 pandemic, with no vaccine in sight to date.
As palm oil for biofuel rises in Southeast Asia, tropical ecosystems shrink
Europe has recently amended regulations to limit future imports of palm oil for biofuels. But rising demand in Indonesia, Malaysia and China could make up for this market shift in Southeast Asia, where roughly 90% of the world’s palm oil is produced
Palm oil mills must comply with environmental regulations
The Malaysian Palm Oil Board (MPOB) will issue a reminder to palm oil mills on compliance with environmental regulations to prevent river pollution.
Malaysian palm oil edges up
Malaysian palm oil futures recouped early losses on Tuesday supported by the prospect of a lower-than-expected fall in exports between April 1-15, although concerns over rising stockpiles due to slowing demand capped gains.
There's no palm oil alternative
a few news reports in a couple of international media recently about a startup based in New York that is ready to go big in producing synthetic palm oil as an alternative to natural palm oil
