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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
Downstreaming of natural resources supports green economy: Ministry
07/12/2023 (Antara News), Jakarta - Director General of Budget of the Ministry of Finance Isa Rachmatarwata stated that downstreaming natural resources could support the realization of a green economy in Indonesia.
Powering a sustainable future
07/11/2023 (The Star Online), Petaling Jaya - The palm oil industry, a key backbone of Malaysia’s national economic growth, can play a major role in powering a sustainable future for the country.
VEGOILS-Palm oil falls to four-week low on weak rival oils
06/12/2023 (Nasdaq) - Malaysian palm oil futures fell for a fourth session on Wednesday to their lowest closing in more than four weeks, weighed down by weakness in rival vegetable oils despite expectations of declining inventories by end of November.
Olive oil scandal fires EU food safety doubts
06/12/2023 (China Daily) - The safety of Europe's food was called into question this week when police in Italy and Spain seized contaminated cooking oil being sold as high-end products.
Imported cooking oil safe for consumption – Kebs
06/12/2023 (Nation, Africa) – The Kenya Bureau of Standards (Kebs) has clarified that edible oil imported by the Kenya National Trading Corporation (KNTC) is safe for consumption.
Palm oil reserves seen rising to four-year high
06/12/2023 (The Star Online), Petaling Jaya - Palm oil stockpiles in Malaysia likely expanded for a seventh straight month to the highest level since April 2019 as production in the world’s second-biggest grower outstripped its exports of the tropical oil.
VEGOILS-Palm oil falls for third straight day on weak rival oils
05/12/2023 (Nasdaq), Jakarta - Malaysian palm oil futures extended declines to a third straight session on Tuesday, weighed down by weakness in rival vegetable oils in the Dalian and Chicago futures markets.
2023 a year of headwinds for Malaysia's major commodities
05/12/2023 (The Star Online), Kuala Lumpur - Malaysia’s major commodities suffered a setback in 2023 despite a weaker ringgit as it was overshadowed by demand deficits due to global economic uncertainties arising from the ongoing geopolitical tensions.
Bid to smuggle out cooking oil, petrol foiled
05/12/2023 (Daily Express), Semporna - Marine Police Force (MPF) on Sunday foiled an attempt to smuggle out cooking oil and petrol near the Kampung Kuala Bibang coastal areas.
