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Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
When choosing palm oil, go for gold not light yellow
22/12/2022 (Philstar Global), Manila - Some of the best and most well-loved Filipino snacks and dishes are often deep-fried — from kwek-kwek and lumpiang shanghai to fried fish and lechon kawali. Hence, a kitchen essential is present in almost every Filipino household: a bottle of oil.
Palm oil neutral in 3,861-3,945 ringgit range
21/12/2022 (Business Recorder), Singapore - Palm oil looks neutral in a range of 3,861-3,945 ringgit per tonne, and an escape could suggest a direction.
Bursa opens higher, tracking Wall Street's rally
22/12/2022 (The Edge Markets), Kuala Lumpur - Bursa Malaysia rebounded to open slightly higher on Thursday (Dec 22), tracking Wall Street's rally overnight amid improving consumer confidence, said an analyst.
Study: Soybean oil for biofuels has limited impact on food prices
22/12/2022 (Biodiesel Magazine) - Whether buying Christmas presents, purchasing a new car or shopping for food, everyone’s feeling the pinch of inflation. Grocery prices have increased 21 percent (from January 2020 to August 2022), and retail fat and oil prices have increased 30 percent — soybean oil being a key ingredient for frying, baking, margarine, cooking oils and salad dressings. Pair that with soy oil used for biofuel production, which has quadrupled over the past decade, and it’s no wonder soy oil is a hot topic right now. But a new study only adds to evidence that U.S.-grown soybeans are well suited for people looking to cook, fuel up or find other sustainable solutions.
No palm oil ban by EU
21/12/2022 (Free Malaysia Today) - I would like to clarify the statement made by the Malaysian Palm Oil Board (MPOB) on the European Union’s (EU) legislative proposal “on the making available on the Union market as well as export from the Union of certain commodities and products associated with deforestation and forest degradation”.
Sustainable palm oil communities of Sabah and Sarawak
21/12/2022 (Borneo Post Online) - CONVERSATIONS about Malaysian palm oil involving Borneo Malaysia – Sabah and Sarawak – can often veer into misinformation. The overarching narrative in these conversations usually focuses on illegal logging, foreign labour, and commercial profiteering.
Palm oil climbs to 12-day closing high on flood-led supply woes
22/12/2022 (Hellenic Shipping News) - Malaysian palm oil futures jumped on Wednesday to hit a 12-day closing high as concerns over flood-related supply disruptions in the world’s second-largest producer lifted prices.
INDONESIA PALM OIL FUND LOWERS 2023 INVENTORY FORECAST
21/12/2022 (Successful Farming), Jakarta - Indonesia's palm oil fund (BPDPKS) revised down its estimate of crude palm oil inventory by the end of 2023 to 4.37 million tonnes as the country expands its mandatory biodiesel blending programme, the agency's data showed on Wednesday.
Will edible oil be cheaper after palm oil prices drop? Find out what the experts say
21/12/2022 (PKB News) - The Malaysia exchange fell 1.5 percent, while the Chicago exchange is currently up 0.3 percent, sources familiar with the matter said.
