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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 curb on Malaysian palm oil import disrupts trade flow
India’s halt on Malaysian palm oil imports has disrupted global edible oil trade flows, with Indonesia diverting supplies to feed India, Malaysia rushing to tap markets left behind by Jakarta, and India substituting palm with other oils.
Palm oil company introduces technology into its operations
Publicly listed palm oil plantation company, Astra Agro Lestari, has introduced technology advancement into its operations through digital-based applications assisting data gathering and supervisory measures.
Kim Loong buys oil palm plantation land in Sabah for RM92.5m
Kim Loong Resources Bhd has purchased four pieces of oil palm plantation land in Sabah for RM92.54 million cash, or RM32,500 per acre.
B20 implementation can improve air quality, says Teresa Kok
Implementing the B20 biodiesel programme could improve air quality especially in areas facing traffic congestion like the Klang Valley with its 7.2 million inhabitants, says Primary Industries Minister Teresa Kok.
Malaysia develops world’s first human-elephant conflict resolution mechanism
The world’s first publicly available human-elephant conflict (HEC) resolution mechanism is being developed with the partnership of the academia with the public and private sectors in the country.
Explained: India’s ‘imported’ food inflation
The United Nations Food and Agriculture Organisation’s (FAO’s) food price index — which is a measure of the change in international prices of a basket of major food commodities with reference to a base period (2002-04 = 100) — touched 182.5 points in January 2020, the highest since the 185.8 level of December 2014.
Malaysian palm oil falls
Malaysian palm oil futures slid on Tuesday, as demand from second largest buyer China fell due to the coronavirus outbreak, while forecasts of higher February output further pressured prices.
Exclusive: Machine lubricants leave bad taste for palm oil producers, buyers
The palm oil industry, long accused of large-scale deforestation, is bracing for another hit to its business: machinery lubricants seeping into the world’s most consumed edible oil during processing.
Palm oil rises
Malaysian palm oil futures gained for a second straight session on Monday, underpinned by bargain buying and data indicating a slower rate of decline in February exports amid hopes that Chinese demand will recover from the effects of coronavirus.
