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MARKET DEVELOPMENT
16-12-2022

CPO futures ends higher for second day

14/12/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher for the second consecutive day as demand for the commodity improved on better market sentiment.

OILS & FATS
16-12-2022

INDIA EYES RECORD RAPESEED CROP AS HIGH PRICES PROMPT FARMERS TO PLANT MORE

15/12/2022 (Successful Farming) - Rapeseed output in India is likely to rise to a record high in 2023 as higher prices have encouraged farmers to plant the main winter oilseed on nearly 9% more area than a year ago, trade and industry officials said.

OILS & FATS
16-12-2022

RSPO faces challenges of post-pandemic palm oil

15/12/2022 (China Dialouge) - With the way the environment is being destroyed, the way climate change is happening, the way we travel, the way we consume, it’s just a matter of when the next pandemic will happen.”

OILS & FATS
16-12-2022

Report Warns Biodiversity In Africa And Latin America At Risk From Oil Palm Expansion

15/12/2022 (India Education Diary) - The study highlights how sustainability commitments, which play an important role in preventing the destruction of tropical rainforest, fail to protect nature in tropical grassy and dry forest habitats such as the Llanos in Colombia, Beni savanna in northern Bolivia, and Guinean and Congolian savannas in West and Central Africa.

MARKET DEVELOPMENT
15-12-2022

Food inflation: Tight grain, oilseed supplies to keep prices elevated

14/12/2022 (Reuters), Singapore - Drought or too much rain, the war in Ukraine and high energy costs look set to curb global farm production again next year, tightening supplies, even as high prices encourage farmers to boost planting.

MARKET DEVELOPMENT
15-12-2022

India’s palm oil from Malaysia imports see big jump in November

14/12/2022 (Malay Mail), New Delhi - India’s palm oil purchases in November saw a big jump to reach 75 per cent of the country’s overall monthly edible imports.

MARKET DEVELOPMENT
15-12-2022

Crude palm oil (CPO) prices are expected to remain between RM3,500-RM3,900 in 2023/24

14/12/2022 (New Straits Times), Kuala Lumpur - Crude palm oil (CPO) prices are expected to remain range bound in 2023 as supply improvements will be relatively balanced with a rise in demand, according to RHB Research.

OILS & FATS
15-12-2022

Palm oil imports to top buyer India surge on discount to rivals

14/12/2022 (The Edge Markets), Mumbai/Benggaluru - Palm oil imports to India, the world’s biggest buyer, rose in November by 29% from the previous month, as steep discounts to rivals soyoil and sunflower oil made purchases lucrative for local refiners, a trade body said on Wednesday.

MARKET DEVELOPMENT
15-12-2022

India’s palm oil imports see big jump in November

14/12/2022 (The Sun Daily), New Delhi - India’s palm oil purchases in November saw a big jump to reach 75 per cent of the country’s overall monthly edible imports.

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