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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
Key factors driving CPO prices up
14/02/2023 (The Star Online), Petaling Jaya - Crude palm oil (CPO) stocks which rose 3% month-on-month to 2.27 million tonnes at end-January, may get some respite in the near-term due to key factors that will drive up the commodity’s price.
Proposed palm oil exports ban will imperil smallholders’ income
13/02/2023 (The Malaysian Reserve) - THE proposed ban on palm oil exports to the European Union (EU) may bring unexpected dire consequences to the industry, experts said.
India seen coping with Indonesia curbs on palm oil exports
13/02/2023 (Reuters), Mumbai - Indonesia's plans to restrict palm oil exports are unlikely to create a shortage in top consuming market India, where stocks have risen to a record high following aggressive imports in the past three months, industry officials said.
Indonesia's plans to restrict palm oil exports are unlikely to hit India
13/02/2023 (Economic Times) - Indonesia's plans to restrict palm oil exports are unlikely to create a shortage in top consuming market India, where stocks have risen to a record high following aggressive imports in the past three months, industry officials said.
Research houses neutral on plantations due to rising CPO inventory, lower demand
13/02/2023 (Free Malaysia Today), Kuala Lumpur - Research houses are retaining their “neutral” calls on the plantation sector after data revealed Malaysia’s crude palm oil (CPO) stocks increased 3% month-on-month (m-o-m) to 2.3 million tonnes at the end of January.
Indonesia and Malaysia move to secure palm oil exports amid talks of EU deforestation ban
13/02/2023 (Food Ingredients First) - With aims to secure a steady flow of palm oil exports from Asia toward the EU, Indonesia and Malaysia are sending a joint delegation to Europe to gather more information and present their views on the bloc’s future policy regarding the commodity. A new ban on deforestation-linked commodities may block future imports of palm oil from the two countries.
Palm oil extends losses to a third day as rival oil drags
14/02/2023 (Hellenics Shipping News) - Malaysian palm oil futures dropped for a third day on Monday after rival oils turned negative and dragged on sentiment for palm despite strong export data.
Indonesia, Malaysia to send palm oil mission to EU
Indonesia and Malaysia have agreed to step up efforts to fight discrimination against palm oil and protect the industry by sending a mission to the European Union, which has issued a new policy to block the sale of palm oil.
Malaysia end-Jan palm oil stocks rise as strong imports offset output loss
Malaysia's palm oil inventories at the end of January rose for the first time in three months, as a surge in imports helped cushion a fall in production and exports, data from the nation's palm oil board showed on Friday.
