|
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
Indonesia palm oil firms to get bigger export quotas under new rules
28/06/2022 (The Star Online), Jakarta - Indonesian palm oil companies will be offered larger export quotas under new plans to adjust rules on local cooking oil sales, officials said on Tuesday, part of government efforts to improve domestic distribution after a months-long price crisis.
Indonesia to road test 40% palm oil mix biodiesel at end-July
28/06/2022 (The Edge Markets), Jakarta - Indonesia is planning to start road test for vehicles powered by 40% palm-biodiesel, or B40, at the end of July, says Dadan Kusdiana, director general of new and renewable energy at the Energy and Mineral Resources Ministry.
CPO futures close higher for second consecutive day on June 28
28/06/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed recent losses to close higher for a second consecutive day on Tuesday (June 28), as the market is cautious following news that millers have halted production due to declining prices, dealers said.
Govt calls on palm oil millers to resume operations
28/06/2022 (Free Malaysia Today), Bangi - The government has urged palm oil millers who have ceased their milling operations due to the fall in edible oil prices to resume operations immediately.
Malaysia's palm oil millers halt production as CPO prices plummet
27/06/2022 (The Edge Markets), Kuala Lumpur - Some palm oil millers in Malaysia, the world's second largest producer, have temporarily halted production following a dramatic plunge in prices of the edible oil, a senior official from a miller's association said on Monday.
CPO futures close higher on June 27, tracking soybean oil gains on CBOT
27/06/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday (June 27), tracking soybean oil gains on the Chicago Board of Trade (CBOT), a dealer said.
Palm oil rebounds on China demand optimism
28/06/2022 (The Star Online), Kuala Lumpur - Palm oil posted its biggest advance in two months on bargain hunting and optimism that Chinese demand will improve, although investors remained cautious as crop prices have crashed to the levels before Russia’s invasion of Ukraine.
Zuraida: Malaysia has 'golden opportunity' to engage EU on palm oil
27/06/2022 (New Straits Times), Kuala Lumpur - The Russia-Ukraine war and weather uncertainties offer a "golden opportunity" for Malaysia to engage with the European Union and fill the gap in the global cooking oil supply.
Malaysia wants cordial ties with EU for palm oil benefit
27/06/2022 (New Straits Times) - Malaysia wants to foster a cordial engagement with the European Union (EU) in search of a win-win solution that can benefit the palm oil industry at large.
