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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
Palm oil rallies 10% as market prepares for Indonesia export ban
27/04/2022 (The Edge Markets) - Palm oil jumped 10% while rival soybean oil hit a fresh record high as traders prepare for the start of Indonesia’s export halt.
Future-proofing palm oil from western propaganda
27/04/2022 (The Malaysian Reserve) - THE notoriety of developed economies against palm oil — the most produced, consumed and traded edible oil — all in favour of protecting the soybean trade (the second most-produced edible oil) is well-known.
Indonesia widens export ban to include crude palm oil
27/04/2022 (Aljazeera) - Indonesia the world’s biggest edible oils shipper, will widen an export ban to include crude palm oil, adding to uncertainty in a market that’s suffered dizzying price swings and threatening to worsen global food inflation.
Indonesia widens export ban to include crude and refined palm oil
27/04/2022 (Free Malaysia Today), Jakarta - Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil, among other products, its chief economic minister said today, leaving markets in shock over the latest policy reversal.
Russia's invasion of Ukraine heats up cooking oil prices in global squeeze
26/04/2022 (NPR), Istanbul - For months, Istanbul restaurant Tarihi Balikca tried to absorb the surging cost of the sunflower oil its cooks use to fry fish, squid and mussels.
Export Ban Only Affects Cooking Oil Raw Material Until Dometic Price Falls Below $1 A Liter
27/04/2022 (Jakarta Globe), Jakarta - The government has decided to ban only the export of refined, bleached, deodorized, or RBD, palm olein, which is the raw material for cooking oil, starting on Thursday until the domestic cooking oil price fall below $1 per litter, Coordinating Minister for Economic Affairs Airlangga Hartarto said late on Tuesday.
THE notoriety of developed economies against palm oil — the most produced, consumed and traded edible oil — all in favour of protecting the soybean trade (the second most-produced edible oil) is well-known.
Malaysia not a nation to be fooled around with – Zuraida tells EU on palm oil
MINISTER of Plantation Industries and Commodities (MPIC) Datuk Zuraida Kamaruddin Zuraida (picture) has proposed for Malaysia and Indonesia to proactively pursue their legal recourse filed with the World Trade Organisation (WTO) against the EU’s restrictions on palm oil biodiesel.
Indonesian rupiah rises after crude palm oil excluded from export ban
BENGALURU (April 26): The Indonesian rupiah rebounded on Tuesday from heavy losses in the previous session after the country said crude palm oil shipments were excluded from the planned export ban on the vegetable oil.