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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
Palm falls on weak rival oils, crude oil prices, April demand concerns
Indonesia’s 2022 palm oil levy collection seen at 68.18 trln rupiah
Indonesia’s palm oil export levy collection in 2022 is estimated at 68.18 trillion rupiah ($4.76 billion), down from last year’s 71.6 trillion rupiah, said Eddy Abdurrachman, head of the palm oil fund agency.
Govt working to address fertiliser price hike to help oil palm smallholders, says Deputy Commodities Minister
KAMPAR: The spike in oil palm fertiliser prices is a worldwide issue, says Datuk Seri Dr Wee Jeck Seng (pic).
Cooking oil: Govt urged to collect sales tax on basis of $750 per ton price
KARACHI: M Bashir Janmohammed, Chairman, Pakistan-Malaysia Business Council (PMBC) has urged the federal government to collect the sales tax on the basis of price US$750 per ton to curtail the smuggling of Iranian edible oil in the country.
Moves to help oil palm smallholders, says Wee
IPOH: Several discussions are being held by the relevant ministries to help oil palm smallholders, says Datuk Seri Dr Wee Jeck Seng.
Tapping technology to boost palm oil yields
LETTERS: We are all well aware that our nation is on the road to recovery following the devastating impact of the Covid-19 pandemic, which not only claimed many lives, but also battered the economy.
Palm Oil Prices to Decline Gradually as Output Rises
Fitch Ratings expects higher output over the next year to drive a gradual decline in crude palm oil (CPO) prices, which rose to a record of over USD1,900 per tonne (t) in Malaysia in early March 2022.
Oil palm planters can tackle rising operation costs by improving FFB yields — CGS-CIMB
KUALA LUMPUR (March 29): Oil palm planters can address rising operation costs, potentially between 10% and 15%, by improving their fresh fruit bunch (FFB) yields to reduce their production cost per tonne, CGS-CIMB Securities Sdn Bhd said.
MPIC ready to assist UK, Europe over edible seed oil crisis
PETALING JAYA: The Ministry of Plantation Industries and Commodities (MPIC) is prepared to assist the United Kingdom and Europe over their impending edible seed oil supply crisis.
CPO prices to moderate in 2022 on higher output
FITCH Ratings Inc expects a gradual decline in crude palm oil (CPO) prices on higher output, and assumes an average benchmark price of US$1,000 (RM4,220) per tonne in 2022, US$700 per tonne in 2023 and US$600 per tonne thereafter.
