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OILS & FATS
14-12-2022

MPOB concerned about EU agreement to ban palm oil, says palm oil, products are deforestation-free

13/12/2022 (The Star Online), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is concerned about the European Union’s (EU) agreement to ban the import of several products which include palm oil, beef, soy, coffee, cocoa and timber.

OILS & FATS
14-12-2022

EU ban on palm oil products concerning, says MPOB

13/12/2022 (Free Malaysia Today), Petaling Jaya - The Malaysian Palm Oil Board (MPOB) has expressed concern regarding the European Union’s (EU) agreement to ban the import of several products including palm oil, beef, soy, coffee, cocoa and timber.

OILS & FATS
14-12-2022

EU's latest ban to add to administrative burden, high output costs to Malaysian palm oil sector

13/12/2022 (News Straits Times), Kuala Lumpur - KUALA LUMPUR: The new European Union (EU) import ban may affect the palm oil industry especially smallholders, said the Malaysian Palm Oil Board (MPOB).

MARKET DEVELOPMENT
14-12-2022

Malaysia's palm oil stocks down 4.98 pct month on month in November

13/12/2022 (Xinhua Net), Kuala Lumpur - Malaysia, the world's second-largest palm oil producer, saw its palm oil stocks slip 4.98 percent from the previous month to 2.29 million tonnes in November, official data showed Tuesday.

OILS & FATS
14-12-2022

MPOB: Malaysia’s palm oil is deforestation-free but EU ban may impact smallholders

13/12/2022 (The Edge Markets) - The Malaysian Palm Oil Board (MPOB) said while the country’s palm oil and palm oil products are deforestation-free, higher administrative and production costs as a result of due diligence following the new European Union (EU) import ban may impact the industry, especially the smallholders.

MARKET DEVELOPMENT
14-12-2022

Malaysia end-Nov palm oil stocks fall for the first time in six months

13/12/2022 (The Edge Markets), Kuala Lumpur - Malaysia's palm oil stocks at the end of November fell for the first time in six months as production slumped amid a slight pick-up in exports, data from the nation's palm oil board showed on Tuesday (Dec 13).

MARKET DEVELOPMENT
14-12-2022

INDONESIA TO SET DEC 16-31 PALM OIL REFERENCE PRICE AT $871.99/T -OFFICIAL

13/12/2022 (Successful Farming) - Indonesia plans to set the crude palm oil reference price for Dec. 16-31 at $871.99 per tonne, deputy coordinating minister of economic affairs Musdhalifah Machmud said on Tuesday, up from $824.32 per tonnes for Dec. 1-15.

OILS & FATS
13-12-2022

Government support vital for ESG in palm oil industry

12/12/2022 (The Star Online) - GOVERNMENT support in terms of strong policy and allocation of funds will help to further improve palm oil sustainability practices and requirements for the Malaysian Sustainable Palm Oil (MSPO) certification.

OILS & FATS
13-12-2022

China’s eased COVID-19 policy means opportunities for Indonesia

12/12/2022 (Jakarta Post) - Indonesian officials, business executives and economists have expressed confidence that China’s eased coronavirus restrictions will increase bilateral trade and investment.

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