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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
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.
MPIC seeks more funding to enhance environmental preservation efforts
31/07/2022 (New Straits Times), Kuala Lumpur - The government needs to allocate more funding under Budget 2023 for a more concerted effort towards environmental preservation.
India’s palm oil imports from Malaysia to remain stable in 2H22 — IVPA
KUALA LUMPUR (July 28): The Indian Vegetable Oil Producers’ Association (IVPA) estimated India’s palm oil imports from Malaysia to remain stable in the second half of the year (2H22), making up about 55% of the country’s total palm oil imports despite Indonesia’s move to accelerate palm oil exports.
Ongoing efforts to counter Western anti-palm oil narratives
KUALA LUMPUR: The Plantation Industries and Commodities Ministry has launched a campaign to correct bias and misinformation, and to counter anti-palm oil narratives by the West.
China's expansion of palm oil imports to boost Indonesia's export values, says minister
JAKARTA, July 28 (Xinhua): China's pledge to increase crude palm oil (CPO) imports from Indonesia would significantly help boost the latter's export values and raise the price of fresh fruit bunches (FFB), Indonesia's coordinating minister for maritime affairs and investment said on Wednesday.
Indian, Malaysian bodies ink pact to promote palm oil
To improve acceptance of Malaysian palm oil among Indian consumers The Indian Vegetable Oil Producers’ Association (IVPA) and the Malaysian Palm Oil Council (MPOC) have signed a memorandum of understanding (MoU) to further cooperation between the two organisations to promote the use of palm oil.
Dayak oil palm association concerned over sale of ‘fake’ oil palm seedlings
MIRI (July 28): 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.
Palm oil may test resistance at 4,085 ringgit
SINGAPORE: Palm oil may test a resistance of 4,085 ringgit per tonne, a break above which could lead to a gain to 4,269 ringgit.
Palm extends gains for third day on soy oil strength
Malaysian palm oil futures posted gains for a third straight session on Thursday as soy oil climbed on concerns over tight soybean harvest and market participants resumed bargain-hunting.
