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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?
Palm oil prices to decline further, says Fitch
28/06/2022 (The Edge Markets) - Fitch Ratings expects higher global vegetable oil output to drive a decline in crude palm oil (CPO) prices to below US$1,000 (about RM4,399) a tonne (t) in the second half of 2022 (2H22) after averaging at around US$1,500/t in 1H22.
Malaysia urges palm oil mills to resume production despite price drop
28/06/2022 (The Edge Markets), Kuala Lumpur - Malaysian authorities on Tuesday (June 28) called on palm oil millers to resume production and buy oil palm fruits from farmers, after a plunge in prices of the edible oil prompted some companies to halt processing.
Higher vegetable oil output to push CPO prices down, says Fitch
28/06/2022 (New Straits Times), Kuala Lumpur - Fitch Ratings expects higher global vegetable oil output to drive a decline in crude palm oil (CPO) prices.
As CPO prices plunge, millers halt palm oil production
28/06/2022 (The Borneo Post), Kuching - Palm oil millers here have decided to temporarily halt production following a dramatic plunge in prices of crude palm oil
Indonesia palm oil firms to get bigger export quotas under new rules
28/06/2022 (The Star Online), Jakarta - Indonesian palm oil companies will be offered larger export quotas under new plans to adjust rules on local cooking oil sales, officials said on Tuesday, part of government efforts to improve domestic distribution after a months-long price crisis.
Indonesia to road test 40% palm oil mix biodiesel at end-July
28/06/2022 (The Edge Markets), Jakarta - Indonesia is planning to start road test for vehicles powered by 40% palm-biodiesel, or B40, at the end of July, says Dadan Kusdiana, director general of new and renewable energy at the Energy and Mineral Resources Ministry.
CPO futures close higher for second consecutive day on June 28
28/06/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed recent losses to close higher for a second consecutive day on Tuesday (June 28), as the market is cautious following news that millers have halted production due to declining prices, dealers said.
Govt calls on palm oil millers to resume operations
28/06/2022 (Free Malaysia Today), Bangi - The government has urged palm oil millers who have ceased their milling operations due to the fall in edible oil prices to resume operations immediately.
Malaysia's palm oil millers halt production as CPO prices plummet
27/06/2022 (The Edge Markets), Kuala Lumpur - Some palm oil millers in Malaysia, the world's second largest producer, have temporarily halted production following a dramatic plunge in prices of the edible oil, a senior official from a miller's association said on Monday.
