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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?
Malaysia's palm oil stockpile rose nearly 9.0pct in June, highest since November 2021
13/07/2022 (New Straits Times), Kuala Lumpur - Malaysia's palm-oil inventory level increased 8.8 per cent month-on-month to 1.66 million tonnes in June , the highest since November 2021 as total crude palm oil (CPO) production outweighed consumption mainly due to weaker exports.
Malaysia end-June palm oil stocks climb to seven-month high as exports drag
KUALA LUMPUR, July 12 (Reuters) - Malaysia's palm oil stocks at end-June rose to their highest in seven months as its exports were throttled by rival Indonesia's policies to boost its own shipments, industry regulator data showed on Tuesday.
China to Import More Palm Oil From Malaysia, Wang Yi Says
China, the world’s second-largest palm oil buyer, will increase its purchases of the tropical oil from Malaysia, Bernama reported, citing Chinese Foreign Minister Wang Yi.
GFP-SPO introduced as reference across palm oil certification schemes
KUALA LUMPUR (July 12): The Global Framework of Principles for Sustainable Palm Oil (GFP-SPO) can be used as a common reference across different certification schemes applied primarily to palm oil production which anchored the United Nations Sustainable Development Goals (UN SDGs) as its base.
Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains
KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session on Tuesday, as traders weighed top producer Indonesia’s plan to raise its biodiesel mandate against declining exports and lower-than-expected production.
Palm oil neutral in 4,090-4,267 ringgit range
SINGAPORE: Palm oil looks neutral in a range of 4,090-4,267 ringgit per tonne, and an escape could suggest a direction.
Mongin: Ministry to probe claim of Sarawak buying Kalimantan fresh fruit bunches
KUCHING (July 12): The Ministry of Plantation Industries and Commodities will investigate an allegation that oil palm fresh fruit bunches (FFB) from Kalimantan, Indonesia are being sold in Sarawak.
Indonesia set for B35 implementation
Indonesia aims to implement a 35% palm oil mix in biodiesel, known as B35, by the end of July to help absorb excess palm oil supply.
Casde: China cuts 21/22 edible oil outputs on lower oilseed imports
China has reduced its forecast for edible vegetable oil production for the current marketing year as imports for oilseeds have declined, the monthly update to China’s Agriculture Supply and Demand Estimates (Casde) showed on Tuesday.
