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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
CPO futures to extend winning streak next week
30/07/2022 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is projected to extend its uptrend next week after a three-day winning streak on optimism over the outlook for oil and vegetable oils.
Dayak oil palm association concerned over sale of ‘fake’ oil palm seedlings
28/07/2022 (The Borneo Post), Miri - Dayak Oil Palm Planters Association (Doppa) is worried that smallholders may be duped into purchasing inferior quality seedlings by some unscrupulous nurseries profiteering from the high demand.
Govt in talks with industry to lower price of cooking oil
31/07/2022 (The Star Online), Alor Gajah - Negotiations are being held with palm oil industry players to devise the best formula to quickly reduce supply prices.
Record palm oil prices propel Kulim’s 2021 results to new heights
31/07/2022 (The Sun Daily), Petaling Jaya - Kulim (Malaysia) Bhd reported its best-ever financial results in 2021 on record palm oil prices and improved operational efficiencies from its ongoing transformation programme to become a leading agribusiness company.
Palm oil price rally helps Kulim post best ever results in FY21
31/07/2022 (The Edge Markets), Kuala Lumpur - Kulim (M) Bhd, which is understood to be mulling an initial public offering (IPO), delivered its best ever set of financial results with a profit before tax and zakat of RM433.81 million for the financial year ended Dec 31, 2021 (FY21), thanks to record palm oil prices.
M'sia ready to help Indonesia address high palm oil inventories, says Zuraida
29/07/2022 (The Star Online), Kuala Lumpur - Malaysia is ready to assist Indonesia in dealing with its high palm oil inventories, says Datuk Zuraida Kamaruddin.
CPO futures rises to 3-week high
29/07/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rose to a three-week high on Friday as rising prices of oil and competing vegetable oils boosted demand.
Malaysia to aid Indonesia clear palm oil inventories
29/07/2022 (Free Malaysia Today) - Malaysia is ready to assist Indonesia in dealing with its high palm oil inventories, said plantation industries and commodities minister Zuraida Kamaruddin.
