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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
No more plantations in Papua, says Indonesia’s point man for palm oil
The Indonesian minister in charge of investments has declared there will be no new permits approved for oil palm plantations in the country’s Papua region
Cooking oil may become 10% cheaper
Cooking oil is likely to become up to 10 per cent cheaper in the next one week as global prices are falling because of coronavirus, industry executives said.
VEGOILS-Palm oil tracks soyoil higher, but higher output estimates cap gains
Malaysian palm oil futures firmed on Tuesday, supported by gains in rival soyoil, but falling exports and prospects of higher production amid the coronavirus outbreak capped gains.
Sabah’s move to develop palm oil downstream pays off
Initiatives by the Sabah Government to develop the downstream industries in the State, including the processing of palm oil products, have brought in benefits for the local people
Plantation stocks a defensive option
THE change in government will have little impact on the Malaysian palm oil sector as 93% of crude palm oil (CPO) production is exported yearly.
Sarawak Oil Palms seen with decent earnings growth prospects
Its sensitivity to crude palm oil (CPO) prices was a boon to earnings for the fourth quarter ended Dec 31, 2019 (4QFY19), given a 20% quarter-on-quarter (q-o-q) increase in the average selling price (ASP).
Vietnam contributes to ASEAN-US cooperation in trade, finance
Vietnam wants to have more cooperation projects with the US in order to deepen relations between the two countries and promoting ASEAN-US ties for peace, stability, cooperation and development in the region, a Vietnamese diplomat has said.
Positive steps to reduce landfill waste
In DOING its share for the environment by reducing waste in landfills, Sunway Resort Hotel and Spa has embarked on a food waste composting project and managed to compost 15,000 litres of food waste from its kitchen.
Bill Gates-led fund invests US$20 mil in synthetic palm oil startup
LONDON: Breakthrough Energy Ventures, helmed by Bill Gates, is leading an investment round of US$20 million for C16 Biosciences, a New York-based startup, which is working on making sustainable alternatives for palm oil.
