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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
Edible oil price heats up despite significant global drop
The price of palm and soybean oil has dropped drastically by at least Tk200-250 per maund in the international market in the past two and a half months, but the commodity is still selling at a higher rate in the domestic market.
Sime Darby man named chairman of palm oil board
KUALA LUMPUR: The ministry of plantation and commodities has appointed Sime Darby Plantation Bhd group managing director Helmy Othman Basha as chairman of the Malaysian Palm Oil Board (MPOB) from Feb 1.
Barn owls for pest control
IN advocating sustainability, the Malaysian Palm Oil Green Conservation Foundation (MPOGCF) has joined up with the Barn Owl and Rodent Research Group (BORG), Universiti Sains Malaysia (USM), to use owls to control rats in plantations.
Malaysia palm oil, rubber farmers file EU petition contesting deforestation law
15/03/2023 (Channel News Asia) - Malaysian palm oil and rubber smallholders on Wednesday filed a petition to the European Union to protest against a new law preventing imports into the bloc of commodities linked to deforestation risks.
VEGOILS-Palm oil snaps 3-day losing streak as export demand surges
15/03/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures snapped a three-day losing run on Wednesday on bargain buying amid strong demand for exports.
Palm oil may bounce towards 4,089 ringgit
15/03/2023 (Business Recorder), Singapore - Palm oil may bounce towards a resistance at 4,089 ringgit per tonne, following its stabilization around a support of 3,994 ringgit. The support is identified as the 61.8% retracement of the uptrend from 3,728 ringgit to 4,425 ringgit, standing as a key barrier towards 3,728 ringgit.
Malaysia, Britain discuss strategic cooperation
15/03/2023 (The Star Online), Putrajaya - Malaysia and the United Kingdom are examining ways to strengthen bilateral ties while looking into potential areas for strategic cooperation in a number of areas, including security, trade and investment, green technology, and the digital economy.
UMS, company to conduct research on palm oil waste
15/03/2023 (The Borneo Post), Kota Kinabalu - Universiti Malaysia Sabah’ (UMS) Engineering Faculty and Gamalux Oils Sdn Bhd yesterday signed a Letter of Intent (LoI) to conduct research on palm oil waste material namely, ‘De-Oiled Bleaching Earth (DOBE)’.
Eco campaigners go ape over UK’s latest Brexit deal
15/03/2023 (Independent) - Britain is preparing to sign off on a post-Brexit trade deal that campaigners say will encourage further destruction of nature, threaten the habitat of orangutans in Malaysia and make a mockery of the government’s claims of being committed to tackling deforestation abroad.
