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CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Malaysia end-Jan palm oil stocks seen flat as output, exports slump
07/02/2022 (The Edge Market) - KUALA LUMPUR : Malaysia's palm oil stockpile at the end of January likely stayed flat, as both production and exports in the world's second-largest producer plunged to an 11-month low, a Reuters survey showed on Monday.
VEGOILS Palm ends lower on weaker rival oils, higher supply view
07/02/2022 (Reuters) – JAKARTA : Malaysian palm oil futures pulled back from a record high to end lower on Monday, pressured by rival oils easing and expectations of stockpiles remaining slightly higher at the end of January.
Ministry committed in safeguarding industry
06/02/2022 (The Borneo Post) - KUALA LUMPUR: The Ministry of Plantation Industries and Commodities (MPIC) will continue to work hard to ensure the long-term interests of the palm oil industry are safeguarded as well as assist palm oil smallholders and other stakeholders.
Palm oil prices set by markets not diplomacy, Kok tells Wee
06/08/2022 (Free Malaysia Today) - PETALING JAYA: Former minister for primary industries Teresa Kok, has denied that the former Pakatan Harapan (PH) government’s poor relations with countries such as India and China had caused palm oil prices to drop at the time.
Palm oil treads water below recent highs, awaits clarity of Indonesia exports
04/02/2022 (The Edge Market) - SINGAPORE (Feb 4): Malaysian palm oil futures established a tight trading range on either side of RM5,550 per tonne on Friday (Feb 4) as market participants took stock of volatile global markets while still assessing the impact of Indonesia's new curbs on palm exports.
Palm oil drops most in 2 weeks as record high prices cut demand
PALM oil slumped the most in more than two weeks on weaker soybean oil and fossil fuel markets after data showed that the surge in prices to a record had reduced demand for the tropical oil from top importers.
Fears of a palm oil shortage are driving up food prices globally
Food prices continue to rise around the world, according to the United Nations’s Food and Agricultural Organization (FAO) index of food prices
Cooking oil debacle is palm oil conundrum
The government’s hasty decision to impose on palm oil producers domestic market obligation (DMO) that amounts to 20 percent of their export volumes for crude palm oil (CPO) and olein seems to have been prompted more by frustration over its inability to understand why cooking oil prices have risen more than 40 percent over the past year
Consumption of palm oil on the rise
Palm oil meets 52 per cent of the country's edible oil demand due to prices being lower whereas around 29.3 per cent is met by imported soybean oil, 15.6 per cent by locally crushed soybean and the remaining 3.1 per cent by local mustard oil, the report said.
