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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
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
FBM KLCI inches higher at midday
04/08/2022 (The Star Online), Kuala Lumpur - Bursa Malaysia climbed higher at midday as broader market sentiment was positive and select index-linked stocks lifted.
India's July soyoil imports jump to record on duty free buying-dealers
03/08/2022 (Reuters), Mumbai - India's soyoil imports in July more than doubled from a month ago to a record high as refiners ramped up purchases to take advantage of New Delhi's move to allow duty free imports of the vegetable oil to calm all-time high prices, five dealers said.
GDP growth gains speed in 2Q on record exports
04/08/2022 (The Star Online), Jakarta - Indonesia’s economy likely accelerated last quarter, buoyed by strong exports and private consumption, but a slowdown in China and the threat of a global recession pose significant risks in coming months, a Reuters poll has found.
Malaysia says ready to help India meet palm oil demand
04/08/2022 (Channel News Asia), Kuala Lumpur - Malaysia said on Thursday it was ready to help India meet its palm oil demand in view of potentially erratic supply from top supplier Indonesia.
Upstream business crucial in planters’ 2Q earnings
04/08/2022 (The Star Online) - KUALA LUMPUR: How plantation companies perform financially in the second quarter of this year (2Q22) will depend on their exposure to the upstream business in Malaysia and Indonesia, says Hong Leong Investment Bank (HLIB).
Insight - Indian state bets big on oil palm to cut US$19bil vegoil imports
04/08/2022 (The Star Online) - PULLARAO Daravathu and thousands of fellow farmers from Telangana in India’s south are busy planting oil palms as their home state aims to add more area under the crop within four years than the entire country has in decades.
Envoy: EU never imposed ban
04/08/2022 (New Straits Times), Kuala Lumpur - The European Union (EU) has never imposed a ban on palm oil exports from Malaysia, a top EU diplomat clarified on Monday.
Zuraida: Putrajaya cannot compel profitable palm oil exporters to sell cheaper domestically
03/08/2022 (The Edge Markets) - The government has no legal provisions that can be enforced on oil palm plantation companies that earn large profits from palm oil exports so that they supply a certain quantity of palm oil for domestic consumption at a cheap price.
Indian state bets big on oil palm to cut US$19bil vegoil imports
03/08/2022 (The Star Online), Sathupally, India - Pullarao Daravathu and thousands of fellow farmers from Telangana in India's south are busy planting oil palms as their home state aims to add more area under the controversial crop within four years than the entire country has in decades.
