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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Indonesia on high alert as economic slowdown may further reduce tax revenue
The government is on high alert over a possible increase in tax shortfall this year as the economic slowdown is likely to continue until the end of the year.
Malaysia exempts export duty for palm kernel oil products for 9 months
KUALA LUMPUR, Sept 26 (Reuters) - Malaysia has exempted export duty for crude palm kernel oil and RBD palm kernel oil from Oct. 1 until June 30, 2020, in a bid to reduce stockpiles in the domestic market.
Teresa Kok to attend Mumbai conference, lead Malaysian delegation to East Africa
KUALA LUMPUR, Sept 26 — Primary Industries Minister Teresa Kok Suh Sim will share her views on trade as well as the challenges faced by Malaysia in exporting palm oil, particularly to India, at a vegetable oil and feeds conference in Mumbai this week.
Malaysian palm oil price up more than 1% after bullish price forecasts
KUALA LUMPUR: Malaysian palm oil futures rose more than 1% in afternoon trading on Thursday after bullish forecasts at an industry conference in India.
Reward companies doing more R&D on palm oil, urges Jomo
KUALA LUMPUR: Former Council of Eminent Persons member Jomo Kwame Sundaram has called for greater and more focussed efforts on research and development (R&D) in the oil palm industry, adding that companies involved in it should also receive tax incentives.
Palm oil export levies suspended to help producers cope with low prices
The government has decided to suspend an export tax imposed on crude palm oil (CPO) and its derivative products until next year to ease the financial burdens of palm oil producers amid a drop in CPO prices on the world market.
Indonesian agri businesses get a boost as government keeps zero palm oil export levy
SINGAPORE (Sept 25): Indonesian planters have gotten a reprieve, as the government on Tuesday announced that it will not be collecting palm oil levies for the rest of this year.
Haze: M’sian palm oil company named among 10 with LARGEST burnt land in Indonesia by Greenpeace
While the haze may be dissipating, its annual presence remains a source of worry and discontent for Malaysians.
India's palm oil imports could hit record on rising demand –analyst
MUMBAI, Sept 25 (Reuters) - India's palm oil imports in 2019/20 are likely to rise 2% from a year earlier to a record high as consumption in the world's biggest edible oil buyer will expand more rapidly than local supplies, a leading industry analyst said on Wednesday.
