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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
Cooking oil: Govt looking at implementing two-tier pricing system
05/04/2023 (The Star Online), Kuala Lumpur - The government is studying to implement a two-tier pricing mechanism to control the market price of cooking oil for domestic consumption.
Palm oil rise 2% to near three-week closing high
Malaysian palm oil futures jumped on Tuesday, hitting their highest closing levels in nearly three weeks, as traders covered positions following a surge in crude prices.
Malaysia and China signs partnership to stabilize palm oil supply chain
Malaysia said on Sunday, April 2, that the country has signed a memorandum of understanding with a Chinese government-backed trade association to enhance palm oil trade and cooperation.
Consider rising cost of CPO production when reviewing windfall profit levy: MPOA
KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) has urged the government to take into consideration the rising cost of production of crude palm oil (CPO) when determining the revised price of the windfall profit levy.
Palm oil may gain further to 3,963 ringgit
A retracement analysis on the downtrend from 4,425 ringgit reveals a break above the key barrier of 3,853 ringgit. The breaks increased the chance of a gain into 3,963-4,072 ringgit range. However, time is against bulls.
Funds retain bullish CBOT soy bets and curb bearishness in corn
SPECULATORS reduced bullish views in Chicago-traded soybeans last week as last month’s sell-off was bottoming.
Brazil ready to supply Argentina with soybeans for the its crushing industry
Brazil has enough potential to supply up to half of the soybeans that Argentina will import to keep its industrial park running in the face of the historic drought that ravaged the 2022/23 crop in the country, which is usually the largest exporter of soy oil and soy meal in the world.
Ahmad Maslan: Govt to improve levy collection mechanism, review palm oil windfall profit threshold
03/04/2023 (Malay Mail), Kuala Lumpur - The government will improve the levy collection mechanism and is prepared to review the windfall profit threshold by taking into consideration palm oil production cost, said Deputy Finance Minister I Datuk Seri Ahmad Maslan today.
Wee Jeck Seng proposes revenue from windfall tax to be used to help B40 oil palm smallholders
03/04/2023 (The Star Online), Kuala Lumpur - Windfall tax collected from the palm oil industry should be used to assist oil palm smallholders who are hard pressed, says Datuk Seri Dr Wee Jeck Seng.
