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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
DPM: Malaysia, Indonesia agree to send palm oil mission to EU
09/02/2023 (New Straits Times), Jakarta - Malaysia will formulate strategies with Indonesia for a mission to the European Union (EU) to find out and give feedback on the bloc's policy development on palm oil, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Palm oil retreats from one-month high on profit-taking
10/02/2023 (Hellenic Shipping News) - Malaysian palm oil futures retreated from a one-month high on Thursday as traders booked profits, while losses in rival edible oils due to higher-than-expected U.S. supplies added pressure.
Presco posts record N83.1bn annual revenue as Russia-Ukraine War spurs palm oil boom
09/02/2023 (Premium Times) - Oil palm producer Presco Plc logged its peak turnover since 2011 as Russia-Ukraine war disrupted the global supply chain of sunflower oil, details of the firm’s 2022 financials have shown.
Indonesia Hands-over CPOPC Chair to Malaysia
09/02/2023 (Tempo.Co) - Indonesia has officially handed over the leadership of the Council of Palm Oil Producing Countries (CPOPC) to Malaysia for 2023. The hand-over ceremony took place at the Hotel Mandarin Oriental in Jakarta on Thursday, February 9.
Malaysia weighs trade curbs to fight EU’s anti-palm oil policies
08/02/2023 (Free Malaysia Today), Putrajaya - Malaysia, the world’s second-biggest palm oil producer, is weighing a range of trade curbs to strike back against what it calls unfair policies from the European Union that block market access for the tropical oil.
Fighting EU’s anti-palm oil policies
09/02/2023 (The Star Online), Kuala Lumpur - Malaysia, the world’s second-biggest palm oil producer, is weighing a range of trade curbs to strike back against what it calls unfair policies from the European Union (EU) that block the market access of the tropical oil.
Indonesia's Pertamina targets 5% increase in 2023 oil and gas lifting
07/02/2023 (The Star Online), Jakarta - Indonesia's state energy company Pertamina is targeting oil and gas lifting in 2023 of around 900,000 barrels of oil equivalent per day (boepd), up 5% from the previous year, chief executive Nicke Widyawati told a parliamentary hearing on Tuesday.
Global health craze for coconut oil spurs Philippine output push
08/02/2023 (The Malaysian Reserve) - THE Philippines, which vies with Indonesia as the top producer of coconut oil, is embarking on an ambitious programme to boost output, betting on booming demand for the commodity used in food, lipsticks and biofuels.
Indonesia to suspend some palm oil export permits: Officials
07/02/2023 (The Sun Daily), Jakarta - Indonesia will suspend some palm oil export permits to secure domestic supply amid rising cooking oil prices ahead of upcoming Islamic festivals, senior cabinet minister Luhut Pandjaitan said on his official Instagram account on Monday.
