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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
India examining proposal to raise palm oil import tax
18/10/2022 (Reuters), Mumbai /New Delhi - India is examining whether there is a need to raise palm oil import taxes, government and trade sources said, as part of efforts by the world's biggest vegetable oil importer to help millions of its farmers reeling from lower oilseed prices.
Unilever engaging with palm oil supplier accused of abuses
18/10/2022 (The Edge Markets), London/Jakarta/New York - Unilever is working with an Indonesian palm oil supplier accused of land-rights abuses and environmental harm to try to fix the problems highlighted by campaign groups and address the grievances of local communities.
Mosta recommends RM60m strategic fund to enhance oil palm sustainability and tech enhancements
18/10/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Oil Scientists and Technologists Association (Mosta) has proposed the establishment of a strategic fund to incentivise productivity improvements, technological developments and innovations across the oil palm industry, including the use of biomass for energy supply.
Sustainability pledges help Indonesia produce palm oil with less deforestation
18/10/2022 (Mongabay), Jakarta - Sustainability commitments and greater scrutiny of supply chains is helping bring down deforestation rates associated with palm oil in Indonesia, a new analysis suggests.
VEGOILS-Palm oil climbs to six-week high on weak ringgit, supply woes
17/10/2022 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a third consecutive session to its highest in six weeks on Tuesday, helped by the decline in the ringgit and concerns over global edible oil supply.
Palm jumps to highest close in almost seven weeks
19/10/2022 (Hellenics Shipping News) - Malaysian palm oil futures jumped on Tuesday to their highest close in almost seven weeks, helped by a weakening ringgit and concerns over global edible oil supply.
Making Sabah a global oil palm heavyweight
17/10/2022 (Daily Express) - A POLICY initiative will be put in place to protect the resilience of the palm oil sector and set Sabah up as a global leader in sustainable palm oil, said Chief Minister Datuk Seri Hajiji Noor.
Palm rises for second day
18/10/2022 (Business Recorder), Jakarta - Malaysian palm oil futures recovered from early losses on Monday to close higher for a second straight session, as stronger US soyoil lent support amid disappointing export data.
Palm oil may rise into 3,958-4,001 ringgit range
18/10/2022 (Business Recorder), Singapore - Palm oil may break a resistance at 3,924 ringgit per tonne, and rise into 3,958-4,001 ringgit range.
