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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
69 Sustainable Oil Palm Growers Cooperatives nationwide as of February 2022
KUDAT (April 5): As of February this year, 69 Sustainable Oil Palm Growers Cooperatives (KPSM) have been established throughout the country, said Deputy Minister of Plantation Industries and Commodities, Datuk Seri Dr Wee Jeck Seng.
Palm extends gain on crude oil strength, tight stock outlook
Malaysian palm oil futures climbed for a second straight session on Tuesday, lifted by strength in crude oil futures and as surveys indicated tight end-March inventories in the world’s second largest producer.
Indian farmers hold back record rapeseed crop, limiting oil supplies
NIWAI, India (April 5): India has harvested a record rapeseed-mustard crop, but crushing could lose momentum in the coming months as many farmers are holding back from selling to oilseed processors in the hope prices will rally further.
Palm oil may rise into 5,855-5,966 ringgit range
SINGAPORE: Palm oil may gain more into a range of 5,855-5,966 ringgit per tonne, as suggested by a projection analysis. Market is still under a consolidation phase.
Bumper earnings seen for plantation firms
PETALING JAYA: The plantation sector is likely to see record earnings for the January to March quarter as crude palm oil (CPO) prices stay elevated.
Edible oil gets 24/7 policing in Indonesia as price soars
(April 4): Indonesia’s police will be deployed for a 24-hour surveillance of cooking oil production and distribution as rising food prices become a key political issue in the country.
India's March palm oil imports jump as Ukraine sunflower oil supply ceases : dealers
Palm oil imports rise 21% in March to 5,50,000 tonnes India's palm oil imports jumped 21% in March from the previous month as traders moved to secure alternatives to sunflower oil that can no longer be bought from Ukraine, four dealers told Reuters.
Malaysia end-March palm oil stocks tick up as output, exports rise
KUALA LUMPUR (April 4): Malaysia's palm oil stockpile is pegged to tick up at the end of March, as a rise in exports and plummeting imports offset growing production, a Reuters survey showed on Monday.
CPO futures end higher on April 4, in sync with soybean oil performance
KUALA LUMPUR (April 4): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher, tracking gains in the Chicago Board of Trade soybean oil prices, said a dealer.
