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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Six of seven KK marts comply with new cooking oil ceiling price
08/08/2022 (The Star Online), Kota Kinabalu - Six of seven premises in the city here have complied with the government's new ceiling price for cooking oil that came into effect Monday (Aug 8).
Zuraida wants Margma to develop MSPO-like certification for rubber gloves industry
08/08/2022 (The Edge Markets), Kuala Lumpur - Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin wants the Malaysian Rubber Glove Manufacturers Association (Margma) to develop a certification for the rubber gloves industry to combat forced labour in the industry.
Two local men held for divertng 30,000 litres of diesel
08/08/2022 (The Sun Daily), Kota Bharu - Two local men aged 39 and 41 have been detained for the suspected misappropriation of about 30,000 litres of diesel using a palm oil tanker in Kuala Krai at 7 pm, yesterday.
CPO futures likely to see profit-taking activities next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trend lower next week on profit-taking activities.
CPO futures close higher, tracking soybean oil gains on CBOT
KUALA LUMPUR (Aug 5): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, tracking gains on the Chicago Board of Trade (CBOT), a dealer said.
China’s soy crushing rates hit year-to-date low in August as negative margins force run cuts
The operating rate at soybean crushing plants in China slumped to a year-to-date low of 53.5% at the start of August amid prolonged negative crush margins and replacement margins, prompting crushers to reduce soybean purchases and cut operating rates at plants, leading to a fall in soybean prices, market sources said Aug. 5
Edible oil processors want Tk20 a litre hike in soybean oil
Edible oil processors in Bangladesh have proposed the government raise the price of soybean oil by Tk 20 per litre, according to processors and officials of the Bangladesh Trade and Tariff Commission (BTTC).
Don’t hoard cooking oil, Annuar warns producers and sellers
SERDANG: Cooking oil producers and sellers have been told to avoid hoarding or rationing the commodity once a controlled maximum price at RM34.70 per five-kilogramme bottle comes into effect tomorrow.
Edible oil-oilseeds prices broke last week due to fall in foreign countries
New Delhi, Aug 7 (Language) Due to the fall in the prices of edible oils in the foreign markets last week, almost all including mustard, groundnut, soybean oil-oilseeds and cottonseed, crude palm oil (CPO), palmolein oil in the oil-oilseeds markets across the country. Edible oilseeds prices recorded a loss. Rest of the oil and oilseeds prices remained unchanged.
