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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
Canola’s course may be set in Brazil, Indonesia
13/10/2022 (The Western Producer) - Producers who want to know where canola prices are heading this winter should pay close attention to Brazil’s soybean crop, says an analyst.
Policy to protect palm oil
13/10/2022 (The Star Online), Kota Kinabalu - A policy initiative will be put in place to protect the resilience of the palm oil sector while making Sabah a global leader in sustainable palm oil production, said Chief Minister Datuk Seri Hajiji Noor.
Policy initiative to make Sabah palm oil world leader, says Hajiji
12/10/2022 (The Star Online), Kota Kinabalu - A policy initiative will be put in place to set Sabah up as a global leader in sustainable palm oil, says Chief Minister Datuk Seri Hajiji Noor (pic).
Malaysian downstream palm oil players urged to look into opportunities in Cambodia
12/10/2022 (New Straits Times), Kuala Lumpur - Malaysian downstream palm oil players who are keen to tap overseas markets have been urged to look into opportunities in Cambodia, which recently ushered in the 65th anniversary of diplomatic relationship with Malaysia.
High inventory weigh down CPO futures prices on Oct 11
12/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives snapped last week’s winning streak and finished easier on Tuesday (Oct 11), after an official crop report showed that the inventory level is high, palm oil trader David Ng said.
Sabah to achieve Roundtable on Sustainable Palm Oil standard standard
12/10/2022 (The Borneo Post), Kota Kinabalu - A policy initiative will be put in place to protect the resilience of the palm oil sector and setting Sabah up to become a global leader in sustainable palm oil production, said Chief Minister Datuk Seri Panglima Hajiji Noor.
Malaysia's CPO output to be flat in 2022
12/10/2022 (New Straits Times), Kuala Lumpur - Malaysia's crude palm oil (CPO) production is expected to be relatively flat compared to the 2021 production of 18.1 million tonnes, Affin Hwang Capital said.
MPOA urges govt to revise windfall, state sales taxes for East Malaysian oil palm growers
12/10/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Association’s (MPOA) chief executive Joseph Tek Choon Yee has urged the East Malaysian states and federal governments to revise the state sales tax (SST) and windfall profit levy (WPL), respectively, that are imposed on East Malaysian oil palm growers.
Weaker ringgit lifts CPO futures on Oct 12
13/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives reversed Tuesday’s losses and ended higher on Wednesday (Oct 12), as the weaker ringgit supported demand, making Malaysia’s palm oil more competitive.
