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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm retreats from 21-month high on stock outlook, weak exports
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Sarawak premier tells oil palm planters mechanised harvesting can solve labour shortage
05/09/2023 (Malay Mail), Kuching - Sarawak Premier Tan Sri Abang Johari Openg today urged the oil palm plantation sector to look at mechanisation, particularly at harvesting, to overcome the labour shortage.
India’s Erratic Monsoon Could Hurt Soybean Crop and Drive Up Edible Oil Imports
06/09/2023 (GRO Intelligence) - India’s monsoon has delivered erratic rainfall across many of the country’s major crop-producing regions. Soybeans, India’s biggest oilseed crop, could especially suffer from the adverse conditions and possibly force the world’s No. 1 vegetable oil importer to seek out additional edible oil supplies.
Edible oil prices may not rise during festive season due to good supply
05/09/2023 (Business Standard) - Prices of edible oils may not rise during the upcoming festive season as international supply is good, said executives of leading fast-moving consumer goods (FMCG) companies.
Govt’s subsidised cooking oil affects sales, says FFM
05/09/2023 (The Edge Malaysia), Kuala Lumpur - The government’s subsidy for the vast amount of repackaged cooking oil in the market have affected sales, said FFM Bhd chief executive officer Jeremy Goon.
Palm oil closes down due to weaker rivals oils
Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and Zhengzhou Commodity Exchanges.
Palm oil buying lifts India's August edible oil imports to record -dealers
MUMBAI, Sept 4 (Reuters) - India's edible oil imports in August rose 5% to a record 1.85 million metric tons as refiners purchased more than 1 million tons of palm oil for the second consecutive month to build stocks for upcoming festivals, four dealers told Reuters.
Singapore supports use of palm oil in sustainable aviation fuel production
{JAKARTA] PALM oil should be included as feedstock for the production of sustainable aviation fuel (SAF), said Acting Transport Minister Chee Hong Tat.
Sabah needs to introduce attractive investment policies
KOTA KINABALU (Sept 4): The state government needs to be more proactive, especially to introduce policies which are more attractive and competitive to attract Foreign Direct Investment (FDI), if it aspires to develop its palm oil downstream industry.
COLUMN-Funds buy CBOT corn and soybeans amid poor finish to US crop -Braun
NAPERVILLE, Illinois, Sept 4 (Reuters) - The second half of August was exceptionally dry in the U.S. Corn Belt, likely trimming yields for corn and especially soybeans due to their reliance on late-season moisture. Speculators responded by boosting their bullish Chicago soybean bets, which they have held for more than three years, and easing bearishness in corn futures.
