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MARKET DEVELOPMENT
23-11-2023

Boustead Plantations returns to the black

Boustead Plantations Bhd (BPlant) aims to cut cost, boost productivity through mechanisation, and replant less productive oil palm stands to counter potential risks in the palm oil market.

MARKET DEVELOPMENT
23-11-2023

RSPO marks two decades of impact, reaffirms partnerships for next 20

The Roundtable on Sustainable Palm Oil (RSPO) marked a special milestone at its Annual Roundtable conference (RT2023), to reflect on nearly two decades of impact made possible via the collaborative efforts of its members and partners.

MARKET DEVELOPMENT
22-11-2023

Ensure palm oil goods continue to enter EU once new law takes effect next year

21/11/2023 (New Straits Times), Kuala Lumpur - As the European Union (EU) deforestation rule (EUDR) approaches its December 2024 compliance deadline, all hands must be on deck to ensure that palm oil products may continue to enter the EU market after the rule takes effect, said RHB Investment Bank Bhd (RHB IB).

MARKET DEVELOPMENT
22-11-2023

Fitch sees significantly lower crude palm oil prices in 2024

21/11/2023 (The Edge Malaysia), Kuala Lumpur - Fitch Ratings expects average crude palm oil (CPO) prices to be significantly lower in 2024, based on expectations of a higher output of palm and other vegetable oils, due mainly to favourable weather conditions amidst a transition in global weather patterns.

MARKET DEVELOPMENT
22-11-2023

Indonesia Reports Declining Palm Oil Exports to China, India

21/11/2023 (Jakarta Globe) - Jakarta. Indonesian palm oil exports to China and India are facing a decline, according to data from the industry association released on Tuesday.

MARKET DEVELOPMENT
22-11-2023

RSPO to launch new palm oil tracing system in 2024

21/11/2023 (Channel News Asia), Jakarta - The Roundtable on Sustainable Palm Oil (RSPO) said on Tuesday it is developing a new system to trace the origin and environmental credentials of the commodity in response to demands by global buyers for proof of sustainability beyond certification.

OILS & FATS
22-11-2023

Govt must hike duty differential between crude & refined palm oil to 15 per cent: Edible oil industry

21/11/2023 (The New India Express), New Delhi - Edible oil industry body SEA has expressed concern that the rise in imports of refined palm oil is affecting domestic refiners and demanded that the government should increase the duty differential between crude and refined palm oil to 15 per cent from 7.5 per cent to check inward shipments.

MARKET DEVELOPMENT
22-11-2023

VEGOILS-Palm extends gain on low production, robust China demand for soyoil

21/11/2023 (Nasdaq), Singapore - Malaysian palm oil futures rose for a second session on Tuesday, buoyed by low production and signs of an increase in Chinese soy demand, although easing exports capped the gains.

MARKET DEVELOPMENT
21-11-2023

Palm rises on support from rival oils

Malaysian palm oil futures traded higher on Wednesday, extending gains for a third consecutive session, supported by the strength in Chicago and Dalian rival oils.

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PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 27 Nov 2024

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PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 27 Nov 2024 | Carian Terperinci

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PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 27 Nov 2024

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