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CPO price forecast to climb for rest of the year
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Malaysian palm oil extends losses amid China tariff fears, weak demand
VEGOILS-Palm ends two-day rise tracking weaker Chicago soyoil
27/06/2023 (Nasdaq), Jakarta - Malaysian palm oil futures reversed early gains on Tuesday, tracking rival edible oils lower, but a weaker ringgit and slow production in the world's second-largest producer capped losses.
MPOB spraying pesticides from helicopters to control bagworms at oil palm plantations
26/06/2023 (New Straits Times), Rompin - The Malaysian Palm Oil Board (MPOB) is using helicopters to spray Bacillus thuringiensis (Bt)-based biopesticides to control bagworm (ulat bungkus) infestations in oil palm plantations nationwide.
Indonesia plans to hike biodiesel mandate in next few years
26/06/2023 (Channel News Asia), Kuala Lumpur - Indonesia plans to raise its mandatory palm oil-based biodiesel blending to 40 per cent in the next few years, but for now will keep it unchanged at 35 per cent, the country's energy minister said on Monday.
VEGOILS-Palm ends higher on rival oils movement
26/06/2023 (Nasdaq), Jakarta - Malaysian palm oil futures closed higher on Monday after sliding during the midday break on higher rival oils.
Towards self-sufficiency in edible oil
26/06/2023 (Financial Express) - Changing dietary patterns and a shift towards a more oil-rich diet have led to increased demand for edible oils in India. The consumption of palm oil, in particular, has witnessed substantial growth; it is widely used due to its low cost, versatility, and high yield.
Palm oil producers see red despite record output
26/06/2023 (Free Malaysia Today), Petaling Jaya - Crude palm oil (CPO) output in Malaysia in the first quarter of this year was at a four-year high, but a sharp drop in price has left net profits for the big producers at record lows.
Malaysia-UK collaboration will advance palm oil industry: Council
25/06/2023 (The Sun Daily), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) is confident that collaboration between United Kingdom (UK) research institutions and Malaysian producers will bolster sustainability and drive industry advancements in the palm oil industry.
Indonesia to Reroute Palm Oil Export to Africa Following EUDR
24/06/2023 (Jakarta Globe), Jakarta - Indonesia is mulling diverting its Europe-bound palm oil exports to Africa after the European Union (EU) launched the anti-deforestation law that is detrimental to the Southeast Asian country’s top commodity.
Indonesia mulls diverting palm oil exports to Africa over EUDR
24/06/2023 (Antara News), Jakarta - With European nations implementing the European Union Deforestation-Free Regulations (EUDR), the government is thinking of gradually diverting Indonesia’s palm oil exports to Africa, Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, has said.
