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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
SEA to sign pact with Thai palm oil industry to boost bilateral trade
28/08/2023 (The Hindu Business Line) - The Solvent Extractors’ Association of India (SEA) will sign a memorandum of understanding (MoU) with the Thai Palm Oil Crushing Mills Association next month to foster cooperation and mutually beneficial trade opportunities between Indian importers and refiners and Thai producers and exporters of crude palm oil.
DPM Fadillah Yusof receives courtesy call from Quanzhou mayor
28/08/2023 (Malay Mail), Kuala Lumpur - Deputy Prime Minister cum Plantation and Commodities Minister Datuk Seri Fadillah Yusof received a courtesy call from Mayor of Quanzhou Municipal People’s Government, Cai Zhansheng, at his ministry in Putrajaya today.
Hope Croatia will open door to CPO exports to EU: DPR
29/08/2023 (Antara News) - Deputy Speaker of the House of Representatives (DPR), Lodewijk F. Paulus, has expressed the hope that Croatia will become an entry point for Indonesia's crude palm oil (CPO) exports into the European Union (EU).
VEGOILS-Palm dips on weaker Malaysian exports, but rival oils limit losses
28/08/2023 (Nasdaq), Singapore - Malaysian palm oil futures dipped on Monday following reports of lacklustre exports this month, although gains in competing edible oils limited the downward trend.
Effects of windfall profit levy on the palm oil industry
28/04/2023 (The Star Online) - THE sustainable palm oil production in Malaysia is the consequence of many people’s long years of suffering and sacrifice. This obvious land-based, capital-intensive, risky and long-haul business had survived world wars, the Great Recession, the Great Depression, as well as numerous natural disasters.
Food could get pricier again if El Nino hits sugar and palm oil
26/08/2023 (The Star Online), Manila - While consumer price inflation (CPI) has tapered off compared with the spikes seen in 2022, shoppers are faced with more expensive food than before the Covid pandemic.
CPO futures seen marching towards RM4,130 per tonne next week
26/08/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to maintain their upward trajectory next week due to the robust and persistent demand for palm oil, particularly from China.
Malaysia produces 32pc world’s palm oil
26/08/2023 (Daily Express) - MALAYSIA accounts for 32 per cent of the palm oil produced globally and earned RM137.89 billion from its palm oil exports last year.
Higher CPO prices to support SDP H2 earnings
25/08/2023 (The Star Online), Petaling Jaya - Analysts are split on the prospects of Sime Darby Plantation Bhd (SDP), with some citing their concerns on the planter’s earnings for the first half of financial year 2023 (1H23), which are below consensus estimates.
