|
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
Middle East conflict boosts demand for alternative fuels
Palm Oil Prices, Production to Drop in 2023: Gapki
05/11/2022 (Jakarta Globe), Bali - The Indonesian Palm Oil Association or Gapki has projected that palm oil prices would decline in 2023 amid forecasts of global economic recession. Palm oil production and consumption will also slightly drop next year.
CPO futures rebound to end higher on stronger soy oil prices
04/11/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives rebounded to end higher on Friday, lifted by better sentiment brought about by stronger soybean oil prices.
China lockdowns overshadow palm oil outlook despite output slowdown
04/11/2022 (The Edge Markets), Nusa Dua - The global outlook for palm oil remains uncertain, with strict pandemic policies in major importer China weighing on demand, while high energy prices and a slowdown in output provide support, leading industry analysts said on Friday (Nov 4).
Indonesia continues to promote palm oil as green product in EU
03/11/2022 (Antara News) - Nusa Dua, Bali - The Indonesian government has continued to promote palm oil as an eco-friendly commodity in the European Union (EU) and adhere to global standards for sustainable palm oil production.
Last year’s deforestation pledge is off to a slow start
05/11/2022 (The Sun Daily), Sao Paulo - One year after more than 140 countries pledged to halt all deforestation by 2030, little has been done to finance protections or pass new conservation laws, experts say.
China lockdowns overshadow palm oil outlook despite slow output
05/11/2022 (The Star Online), Nusa Jaya - The global outlook for palm oil remains uncertain, with strict pandemic policies in major importer China weighing on demand, while high energy prices and a slowdown in output provide support, leading industry analysts say.
‘Big Mistake’: Expert Slams Past CPO Export Ban
06/11/2022 (Jakarta Globe), Bali - Indonesia got criticisms at a recent international conference for banning palm oil export earlier this year as the policy was catastrophic, particularly to the developing economies reliant on Indonesian palm oil.
Sabah aspires to be global leader in sustainable palm oil production
03/11/2022 (The Star Online), Kota Kinabalu - Sabah aspires to be a global leader in sustainable palm oil production and efforts are being taken towards reaching this goal, says Datuk Seri Hajiji Noor.
Indonesia palm oil fund: 2022 crude palm oil output seen at 48.23 mln tonnes
04/11/2022 (Hellenic Shipping News) - Indonesia’s crude palm oil output is seen at 48.23 million tonnes this year and exports of palm oil products are estimated at 23.95 million tonnes, a presentation by the chairman of its palm oil fund agency showed on Thursday.
