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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
Mongin: Ministry to probe claim of Sarawak buying Kalimantan fresh fruit bunches
KUCHING (July 12): The Ministry of Plantation Industries and Commodities will investigate an allegation that oil palm fresh fruit bunches (FFB) from Kalimantan, Indonesia are being sold in Sarawak.
Indonesia set for B35 implementation
Indonesia aims to implement a 35% palm oil mix in biodiesel, known as B35, by the end of July to help absorb excess palm oil supply.
Casde: China cuts 21/22 edible oil outputs on lower oilseed imports
China has reduced its forecast for edible vegetable oil production for the current marketing year as imports for oilseeds have declined, the monthly update to China’s Agriculture Supply and Demand Estimates (Casde) showed on Tuesday.
PM's Turkiye visit will further boost local palm oil exports
KUALA LUMPUR: The Ministry of Plantation Industries and Commodities (MPIC) is confident that bilateral ties with Ankara will be further enhanced with the recent visit by Prime Minister Datuk Seri Ismail Sabri Yaakob to Turkiye.
Steep slump in palm oil, commodities a relief from inflation for India
MUMBAI: India’s policy makers and consumers will be cheering a steep slump in commodities, especially palm oil, which could bring about a few months of “surprisingly low†food inflation.
Red palm oil to only be produced by cooperatives: Minister
Jakarta (ANTARA) - Cooperatives and Small and Medium Enterprises (SMEs) Minister Teten Masduki stated that red palm cooking oil could only be produced by cooperatives to protect the community business.
Indonesia to enact mandatory B35 biodiesel program as global CPO prices fall
The Energy and Mineral Resources Ministry is to start implementing the mandatory 35 percent biodiesel (B35) program for all biofuels by the end of July amid the global decline in crude palm oil (CPO) prices. Dadan Kusdiana, the ministry’s renewables director general, explained that the B35 biodiesel program was part of the government's efforts to boost the domestic use of palm oil to help raise CPO prices.
'How will import duty cut on two edible oil varieties help boost supply'
Amid demands for reducing import duty on rice bran oil and olive pomace oil, the government has asked edible oil associations to explain how the move will help boost domestic availability.
Ukrainian SFS exports hit record high, but demand drops
Ukraine's sunflower seed (SFS) exports have increased sharply since March following the Russian invasion that resulted in disruption to the country's seed crushing and sunflower oil (SFO) exports, but a further increase is in question because of cooling demand and falling prices.
