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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
Mosta recommends RM60m strategic fund to enhance oil palm sustainability and tech enhancements
18/10/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Oil Scientists and Technologists Association (Mosta) has proposed the establishment of a strategic fund to incentivise productivity improvements, technological developments and innovations across the oil palm industry, including the use of biomass for energy supply.
Sustainability pledges help Indonesia produce palm oil with less deforestation
18/10/2022 (Mongabay), Jakarta - Sustainability commitments and greater scrutiny of supply chains is helping bring down deforestation rates associated with palm oil in Indonesia, a new analysis suggests.
VEGOILS-Palm oil climbs to six-week high on weak ringgit, supply woes
17/10/2022 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a third consecutive session to its highest in six weeks on Tuesday, helped by the decline in the ringgit and concerns over global edible oil supply.
Palm jumps to highest close in almost seven weeks
19/10/2022 (Hellenics Shipping News) - Malaysian palm oil futures jumped on Tuesday to their highest close in almost seven weeks, helped by a weakening ringgit and concerns over global edible oil supply.
Making Sabah a global oil palm heavyweight
17/10/2022 (Daily Express) - A POLICY initiative will be put in place to protect the resilience of the palm oil sector and set Sabah up as a global leader in sustainable palm oil, said Chief Minister Datuk Seri Hajiji Noor.
Palm rises for second day
18/10/2022 (Business Recorder), Jakarta - Malaysian palm oil futures recovered from early losses on Monday to close higher for a second straight session, as stronger US soyoil lent support amid disappointing export data.
Palm oil may rise into 3,958-4,001 ringgit range
18/10/2022 (Business Recorder), Singapore - Palm oil may break a resistance at 3,924 ringgit per tonne, and rise into 3,958-4,001 ringgit range.
CPO seen at RM3,400 to RM4,000
17/10/2022 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade with a downward bias this week, given the country’s large stockpile, says palm oil trader David Ng.
CPO futures end marginally higher on Oct 17
18/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives recouped earlier losses to end marginally higher on Monday (Oct 17), as sentiment turned bullish amid the ongoing escalation between Ukraine and Russia, said palm oil trader David Ng.
