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CPO price forecast to climb for rest of the year
Malaysian palm oil extends losses amid China tariff fears, weak demand
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Indonesia wants crude palm oil exports to be routed via exchange from June
INDONESIA, the world’s biggest palm oil exporter, plans to require crude palm oil exports to go through a futures exchange in order to create the country’s own benchmark price, the head of its commodity futures regulator said on Thursday (Mar 2).
B35 Policy Contributes to Rise in CPO Reference Prices
TEMPO.CO, Jakarta - The Indonesian Trade Ministry announced that the reference price for crude palm oil (CPO) products (March 1-15) had increased to US$889.77 per metric ton, which is an increase of US$9.74 (1.11 percent) compared to the previous period.
Palm oil ends at highest since Nov on flooding woes
KUALA LUMPUR: Malaysian palm oil futures jumped to a more-than-three-month peak on Thursday, underpinned by flooding woes, a weaker ringgit, and as traders assessed the impact of India’s removal of duty-free import quotas for sunflower oil.
Argentina soy crop estimate to be cut again, says major exchange
BUENOS AIRES, March 2 (Reuters) - The Buenos Aires grains exchange said on Thursday it plans to cut its estimate for Argentina's soybean crop for the 2022/23 cycle for the fourth time as the country struggles with the ongoing impact of drought and high temperatures.
India scraps 2023/24 duty-free import quota on sunflower oil
ndia has decided to scrap a duty-free imports quota of 2 million tonnes of crude sunflower oil for the next fiscal starting from April 1, the government said on Wednesday, as the world’s biggest importer of vegetable oils tries to support local oilseed farmers.
VEGOILS-Palm rebounds as heavy rains continue to hit production
01/03/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose on Wednesday after a near 2% drop in the previous session, as heavy rains in the world's second-largest producer added to supply restraints.
‘Duty-free import of palm oil is hurting domestic mustard market’
02/03/2023 (The Indian Express) - AFTER CONSUMERS, farmers are complaining about the prices of edible oil. Except, their grievances pertain to the price of the commodity being too low.
Tanzania discovers high yielding palm oil seeds poised to boost production
01/03/2023 (Farmers Review Africa) - Tanzanian research institutes have discovered new high yielding palm oil seeds that is set to boost the cultivation of the trees and production of the edible oil in the country.
Palm oil falls over 2pc on slow pace of exports
01/03/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended early losses on Tuesday on lacklustre exports and rising production, but were set for an 8.4% monthly gain as flood risk warnings raised concerns about output disruptions.
