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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
Fitch Ratings Publishes Palm Oil Ratings Navigator Companion
21/07/2022 (Hellenic Shipping News) - Fitch Ratings has published a report providing additional descriptions of the key rating factors in the Palm Oil Navigator, which gives guidance on applying the concepts of the Corporate Rating Criteria to issuers in the sector.
Economists raise 2022 export forecasts after Malaysia's record 2Q showing
20/07/2022 (The Edge Markets), Kuala Lumpur - Malaysia's exports rose 38.8% year-on-year in June to RM146.16 billion, driven by strong demand for electrical and electronic (E&E) products, petroleum products, liquefied natural gas as well as palm oil and palm-oil based agriculture products, prompting economists to raise their full year 2022 export forecasts even as they caution of the possibility of slower growth momentum in the second half of 2022.
What is super normal profit?
21/07/2022 (New Strait Times) - IN micro economic theory, there is a term called supernormal profit. The term itself defines what it is — profit above the normal level.
Domestic trade minister urges industry players to reduce cooking oil price as world’s crude palm oil price is down
21/07/2022 (Malay Mail) - The country’s industry players are urged to reduce the price of cooking oil in tandem with the drop in the world’s crude palm oil price from its highest level since two months ago.
Cooking oil prices expected to fluctuate according to CPO prices
21/07/2022 (New Straits Times), Kajang - The price of bottled cooking oil is expected to fluctuate according to Crude Palm Oil (CPO) prices.
Industry players urged to reduce cooking oil price as world’s crude palm oil price is down
21/07/20222 (The Sunday Daily) - KUALA LUMPUR: The country’s industry players are urged to reduce the price of cooking oil in tandem with the drop in the world’s crude palm oil price from its highest level since two months ago.
Palm oil plunge 5% tracking crude, soyoil prices
22/07/2022 (Hellenic Shipping News) - Malaysian palm oil futures tumbled more than 5% on Thursday, tracking losses in crude futures and rival edible oils, while traders booking profits after recent gains also weighed on sentiment.
Zero-Waste Mills: Overcoming Sustainability Challenges
20/07/2022 (CSR Wire) - As one of the most significant industrial sectors, particularly in the Indonesian economy, it’s crucial that the palm oil industry incorporates sustainability into its operations. In every step of Musim Mas’ vertically integrated production, we continuously look into ways to sustainably meet the world’s palm oil demand. At our 15 mills with plantations, we effectively reuse, recover, and recycle all materials during production, effectively operating 100% zero-waste mills.
MPIC: Many parties undertaking R&D to boost oil palm production
21/07/2022 (The Borneo Post) - Several parties are actively pursuing research and development (R&D) on advanced technologies to enable the viable harvesting of tall oil palm trees, according to the Ministry of Plantation Industries and Commodities (MPIC).
