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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Sustainable palm oil certification to be expanded to downstream sector
18/07/2023 (Antara News), Jakarta - The Indonesia Sustainable Palm Oil (ISPO) certification will be expanded to the downstream sector, the Industry Ministry said.
Indonesia sticking with domestic palm oil sale rules ahead of B35 implementation
17/07/2023 (The Business Times) - INDONESIA has no plan to change rules mandating palm oil exporters sell a portion of their output to the domestic market, a senior official said on Monday (Jul 17), as the country prepares for full nationwide implementation of its B35 programme.
VEGOILS-Palm oil trades in tight range, strong July exports underpins
16/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures traded in a tight range on Monday, underpinned by a surge in July exports so far.
Palm oil edges up as bigger July exports support
Malaysian palm oil futures ticked up on Monday after trading in a tight range, with a surge in July exports so far lifting the market.
India imports 155,058 tonnes of palm oil from Malaysia in June
NEW DELHI: India imported 155,058 tonnes of palm oil from Malaysia in June.
Complete permit formalities before Nov, palm oil producers told
Jakarta (ANTARA) - The Ministry of Environment and Forestry has urged all palm oil companies who are based in forest areas to fulfill all licensing requirements before November 2, 2023.
Palm oil price forecast as the El Nino weather event takes shape
Palm oil prices have drifted upward this month as investors focus on Indonesia’s export restrictions and El Nino trends. Malaysia’s palm oil was trading at MYR 3,902 on Monday, higher than the year-to-date low of MYR 3,200. Still, the price remains sharply lower than the pandemic high of MYR 7,104.
"CPO prices to spike on Russian move to suspend Russia-Ukraine grains corridor"
KUALA LUMPUR: Crude palm oil (CPO) prices are expected to spike in the near term as a knee-jerk reaction to Russia's move to suspend a humanitarian corridor to deliver key Ukrainian grains to global markets, hours before the agreement expires.
India’s June palm oil imports rise 56% to 3-month high – trade body
India’s palm oil imports jumped 56% to a three-month high in June, as buyers took advantage of a dip in prices to increase purchases, a leading trade body said.
