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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
India’s July palm oil imports may surge to 10-month high
06/07/2022 (Free Malaysia Today), Mumbai - India’s palm oil imports in July are set to jump to the highest in 10 months because of a hefty correction in prices and as Indonesia allows more exports of the tropical oil, four dealers told Reuters.
Indonesia mulls more frequent setting of crude palm oil reference price
06/07/2022 (The Edge Markets), Jakarta - Indonesia is considering setting its crude palm oil (CPO) export reference price every two weeks instead of monthly, a senior Trade Ministry official said on Wednesday (July 6), aiming to adjust quicker to fast-changing international market prices.
CPO price expected to remain under pressure
06/07/2022 (Free Malaysia Today), Kuala Lumpur - Crude palm oil (CPO) prices are expected to remain under pressure in the near term and trade in the RM4,000-RM5,000 per tonne range.
Insight - The path to decarbonisation with certified sustainable palm oil
06/07/2022 (The Star Online) - THE urgency to decarbonise has never been greater. While crude palm oil prices are projected to trade at a healthy RM5,000 per tonne in the first half of 2022, palm oil’s climate impact – deforestation, draining of peat swamps, land clearance by burning, biodiversity loss – is less rosy.
Oil palm smallholders eager to shift to agroforestry
06/07/2022 (New Straits Times), Kota Kinabalu - Oil palm smallholders in Tongod district are keen to shift to agroforestry (cultivation of fruit and rubber trees), said Forever Sabah in a statement today upon the completion of a two-year pilot project.
Palm oil downstreaming main key in agro-based industries: Ministry
06/07/2022 (Antara News) - Expert staff of the Industry Ministry Andi Rizaldi stated that the program to downstream the palm oil sector was an important key in the downstream policy of agro-based industries.
Palm oil sets nine-month low on strong exports, bloated reserves
06/07/2022 (The Edge Markets), Singapore - Palm oil plummeted to the lowest since September, taking its losses to 15% since Friday, on top producer Indonesia's move to boost exports after a temporary ban and expectations of a jump in Malaysian stockpiles.
Indonesia raises palm oil export quota as farmers face 'emergency'
05/07/2022 (The Star Online), Jakarta - Indonesia has raised the palm oil export quota in a bid to cut soaring inventories of the edible oil, a Trade Ministry official said on Tuesday, as a council member in a plantation area warned farmers faced an "emergency" due to tumbling prices.
Malaysia end-June palm oil stocks hit 7-month high as exports drop
05/07/2022 (The Star Online), Kuala Lumpur - Malaysia's palm oil inventories at end-June likely climbed to their highest levels in seven months, as exports plunged following top producer Indonesia's return to the export market, a Reuters survey showed on Tuesday.
