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CPO prices seen at RM4,400-RM4,600 on tighter supply
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
Palm slips over 1% on weaker soyoil, bearish MPOB data
Palm oil rebounds on strong demand outlook and weaker ringgit
19/09/2022 (The Malaysian Reserve) - PALM oil bounced back after slumping for two days on expectations of a rise in purchases by top consumers and as a weaker Malaysian currency made the tropical oil cheaper for overseas buyers.
Palm oil reverses early gains
20/9/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures reversed early gains to fall for a third straight session on Monday, as expectations of higher production in September outweighed strong demand.
Palm oil may retest support of 3,686 ringgit
20/9/2022 (Business Recorder), Singapore - Palm oil may retest a support of 3,686 ringgit per tonne, a break below which could be followed by a further drop into 3,542-3,608 ringgit.
Indonesia Still Considering Purchases of Russian Oil, Minister Says
19/09/2022 (The Diplomat) - Indonesia remains open to buying cheap oil “from anywhere,” including Russia, in order to keep the domestic price of fuel under control, the country’s energy minister said on Friday.
CPO futures trading may recover slightly
19/09/2022 (The Star Online) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives may see some trading recovery this week amid the current attractive price levels.
Analysis: Asian farmers plant to boost palm oil output, seedling shortage slows pace
19/09/2022 (Reuters) - Farmers across Asia are busy planting trees to boost palm oil production but nurseries are struggling to keep up with demand for sprouts and seedlings, risking a delay in the industry's recovery from the COVID-19 pandemic.
Palm oil's implications on the United Nations Sustainable Development Goals
16/09/2022 (Phys.org) - From the second half of the twentieth century onwards, there has been an exponential increase in the production of palm oil, which has proven to be very versatile; so much so that it has become a common ingredient in many food products, such as margarine, biscuits, bread, cakes, chocolate, ice cream and non-food products such as detergents and cosmetics. Palm oil has also historically been used as a lubricant for machinery and its use as a biofuel in the energy sector has been growing particularly rapidly.
Engage smallholder oil palm farmers in sustainability criteria, says Solidaridad
16/09/2022 (The Edge Markets), Kuala Lumpur - Smallholder oil palm farmer’s inclusion in sustainability criteria is critical as their contribution to palm oil production is expected to grow, said international civil society organization Solidaridad.
CPO futures trading may recover slightly next week
17/09/2022 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives may see some trading recovery next week amid the current attractive price levels.
