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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
Gov't tries to calm jitters on cooking oil supply
19/05/2022 (Korea Joongang Daily) - Korea will not run out of cooking oil, the government vowed, despite worries after Indonesia suspended palm oil exports.
'Prioritise domestic food consumption to secure supply chain'
19/05/2022 (The New Straits Times), George Town - The government has been urged to draw up a constructive masterplan on food security without further delay to secure the national food supply chain.
CPO futures end higher
19/05/2022 (The Edge Markets) - The benchmark crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher on Wednesday on the expectation of stronger exports in coming weeks owing to the palm oil export ban in Indonesia, said a dealer.
Amazon palm oil: sustainable fuel or deforestation driver?
18/01/2022 (China Dialogue) - Oil palm, known as dendezeiro in Brazil, can produce up to ten times more vegetable oil per hectare than other crops. But it is regularly condemned as harmful to the biodiversity of tropical forests in Asia, Africa and Latin America. Now, its cultivation looks set to advance in the Brazilian Amazon.
Felcra aims to add 50,000 hectares of oil palm plantation over the next 5 years
19/05/2022 (The Edge Markets), Kuala Lumpur - Felcra Bhd aims to add 50,000 hectares of oil palm plantation land over the next five years to ensure the sustainability and viability of the company as well as to grab the opportunity from the high demand for palm oil exports.
Palm oil may retest support at 5,984 ringgit
18/05/2022 (Business Recorder), Singappore - Palm oil may retest a support at 5,984 ringgit per tonne, a break below which could open the way towards 5,843 ringgit.
Indonesia hopes new programme will help lower cooking oil prices
18/05/2022 (Reuters), Jakarta - Indonesia's trade minister on Wednesday said he expected prices of cooking oil would stabilise after a programme to distribute subsidised supplies reaches 10,000 locations across the country.
Uranus Oil: Revitalizing Used Cooking Oil And Generating Bio-Diesel
18/05/2022 (Outlook India) - This start-up made headlines for recycling cooking oil in an eco-friendly manner. This is a renewable energy startup that gained recognition by accumulating used cooking oil from households, restaurants, and vendors. Uranus Oil is acquiring it for a modest price and serving biodiesel production companies at large. It helps prevent the reuse of unhealthy oil by street vendors. It even keeps disposal of the used oil through drains and supports the nationwide cleaning drives; most restaurants based in Chennai and its suburbs are preferring their used oil to be sold to the startup, which collects it from their doorstep.
MPOB: Malaysia worried about continual changes in benchmark standards for sustainable palm oil
17/05/2022 (The Edge Markets) - Malaysia is worried that the benchmark standards keep on changing and are difficult to comply with, especially for smallholders, as it continues to address sustainability aspects and corrects the negative perception and allegations towards its palm oil, the Malaysian Palm Oil Board (MPOB) said.
