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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm slips over 1% on weaker soyoil, bearish MPOB data
Rimbunan Sawit expects bumper crop in FY2024, FFB production to grow 40%
30/04/2024 (The Edge Malaysia), Kuala Lumpur - Rimbunan Sawit Bhd is expecting around 40% increase in its fresh fruit bunches (FFB) production for the current financial year ending Dec 31, 2024 (FY2024) and is anticipating higher crude palm oil (CPO) prices for the year due to growing demand.
India's Adani Wilmar posts Q4 profit jump on strong edible oil demand
01/05/2024 (Reuters), Bengaluru - India's Adani Wilmar (ADAW.NS), opens new tab reported a 67.5% rise in its fourth-quarter profit on Wednesday, helped by higher demand for its edible oil and softer raw material costs.
Palm oil extends gains for 2nd session but higher output estimates cap rise
29/04/2024 (XM), Kuala Lumpur - Malaysian palm oil futures rose for a second consecutive session on Monday, underpinned by strength in rival Dalian and Chicago oils, although estimates of higher output capped gains.
Palm planters seek replanting tax incentive
29/04/2024 (The Star Online), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) has called for government support in the form of a replanting tax incentive in efforts towards addressing the financial barrier to replanting old age palm trees nationwide.
MPOC committed to advancing palm oil industry, supporting smallholders
29/04/2024 (New Straits Times), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) is firmly committed to advancing the national palm oil industry and supporting smallholders in Malaysia.
An Explainer: What Drives the Cost of Cooking Oil
29/04/2024 (Farmers Review Africa) - Have you ever wondered what’s driving the cooking oil prices in South Africa? Understanding these dynamics can provide valuable insights into not only the global economy, but also the cost of a pantry staple we can’t do without! Let’s take a closer look at some of the factors that affect cooking oil prices, with Morne Botes, the Commercial Director of Southern Oil, as our guide.
Japan Airlines launches program to turn cooking oil into sustainable aviation fuel
29/04/2024 (Aerotime Hub) - Japan Airlines announced that it had launched a pilot program in Yokohama City to turn used cooking oil into sustainable aviation fuel (SAF) on its flights.
Ageing oil palm trees: MPOA calls for govt incentives to speed up replanting
27/04/2024 (The Edge Malaysia), Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) said there is an urgent need to accelerate replanting to address the issue of ageing oil palm trees, and urges the government to provide replanting tax incentives to support such efforts.
Palm oil rebounds from two-day fall, eyes weekly loss
26/04/2024 (New Straits Times), Singapore - Malaysian palm oil futures rebounded from a two-day fall on Friday amid declining yields and ample domestic demand, although sell-offs in Dalian rivals capped gains.