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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
Demand for Malaysian palm oil to remain strong, says Zuraida
24/07/2022 (Free Malaysia Today), Kuala Lumpur - The demand for Malaysia’s palm oil will continue to rise globally despite Indonesia’s decision to waive its palm oil export levy to cut bloated stockpiles, says plantation industries and commodities minister Zuraida Kamaruddin.
What are EU's options in palm oil row with Malaysia and Indonesia?
24/07/2022 (Times of Oman), Brussels - The World Trade Organization (WTO) could soon rule on two cases brought against the European Union over its decision to phase out the import of unsustainable palm oil by 2030.
‘Show MyKad, buy cooking oil’ an idea still
24/07/2022 (The Star Online), Petaling Jaya - There is yet to be a decision by the Domestic Trade and Consumer Affairs Ministry on the use of MyKad for the purchase of subsidised cooking oil.
Group lauds move to adjust unsubsidised cooking oil price
22/07/2022 (New Strait Times), Alor Star - The Consumers Association of Kedah (Cake) today lauded the move to adjust the retail price of unsubsidised cooking oil according to Crude Palm Oil (CPO) price movements.
Food sector to lead strong palm oil demand in 2022, says Zuraida
20/07/2022 (The Star Online), Kuala Lumpur - The demand for palm oil is expected to stay strong in 2022, especially in the food sector, with the reopening of economic sectors and international borders, says Datuk Zuraida Kamaruddin.
Malaysia says China's 2022 total palm oil imports likely lower
19/07/2022 (Channel News Asia), Kuala Lumpur - Malaysia's commodities minister on Tuesday (Jul 19) warned that its palm oil exports to China will continue to be affected by global economic challenges and overall imports in the world's second-largest buyer will likely decline.
China likely to increase Malaysian palm oil imports despite adversities
19/07/2022 (The Sun Daily), Kuala Lumpur - The Ministry of Plantation Industries and Commodities (MPIC) is optimistic that China will increase its palm oil imports despite the current global challenges.
Indonesia’s palm oil exports set to soar 60% in price blow
20/07/2022 (Free Malaysia Today), Jakarta - Palm oil shipments from Indonesia, the world’s biggest supplier, may surge more than 60% in second half of the year from the first six months as the government ramps up exports to reduce bloated inventories.
United Plantations 2Q earnings up 36% amid strong palm oil prices
20/07/2022 (The Edge Markets), Kuala Lumpur - United Plantations Bhd net profit for the second quarter ended June 30 (2QFY22) grew 36% to RM184.63 million from RM135.79 million a year ago, amid elevated crude palm oil (CPO) prices.
