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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
Sarawak adds three source countries for palm workers
17/04/2023 (The Star Online), Kuching - Oil palm plantation companies in Sarawak are now allowed to recruit foreign workers from several other countries other than Indonesia.
Indonesia sets up task force to improve governance in its palm oil sector
17/04/2023 (Channel News Asia), Jakarta - Indonesia has formed a new task force to improve governance in the palm oil plantation sector, aiming to ensure companies comply with rules including on tax payments, its deputy finance minister said on Monday.
Domestic Trade Ministry: Subsidised cooking oil quota remains at 60,000 tonnes per month
17/04/2023 (The Borneo Post Online), Putrajaya - The 60,000-tonne quota for subsidised cooking oil remains for now, the Ministry of Domestic Trade and Cost of Living (KPDN) said today.
VEGOILS-Palm rebounds on low Indonesia stockpiles
17/03/2023 (Nasdaq), Jakarta - Malaysian palm oil futures rebounded on Monday, underpinned by data showing a sharp drop in Indonesia's February inventories, and a weaker Malaysian ringgit.
Palm rebounds on low Indonesia stockpiles
17/04/2023 (Business Recorder), Jakarta - Malaysian palm oil futures recovered on Monday, on the back of a sharp drop in Indonesia’s February inventories, and a weaker Malaysian ringgit.
Palm oil may test resistance zone of 3,729-3,740 ringgit
17/04/2023 (Business Recorder), Singapore - Palm oil may test a resistance zone of 3,729-3,740 ringgit per tonne, a break above which could lead to a gain to 3,797 ringgit.
Domestic Trade Ministry sec-gen says ready to cooperate in cooking oil subsidy probe
16/04/2023 (The Star Online), Petaling Jaya - The Domestic Trade and Cost of Living Ministry is ready to cooperate with any party related to the alleged overpayment of RM9mil in cooking oil subsidies, says its secretary-general Datuk Azman Mohd Yusof.
Govt needs to approve additional subsidised cooking oil quota to ensure supply
15/04/2023 (The Star Online), Putrajaya - The government has to approve an additional quota of subsidised cooking oil for operational purposes and to ensure sufficient supply in the market, says the Domestic Trade and Cost of Living Ministry.
Ministry sec-gen says ‘not a suspect’ in cooking oil graft probe
16/04/2023 (Malay Mail), Kuala Lumpur - The secretary-general of the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) has clarified that he is not a suspect in the ongoing investigations into the alleged overspending on cooking oil subsidies last year.
