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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
DA probing palm oil smuggling
21/04/2022 (GMA News Online) - The Department of Agriculture (DA) said Thursday it has been investigating the alleged smuggling of palm oil, an issue raised by House committee on ways and means chairman Representative Joey Salceda.
No standards on what the remediation fees should comprise of, says Sime Darby Plantation
21/04/2022 (The Edge Markets), Kuala Lumpur - World's largest producer of certified sustainable palm oil Sime Darby Plantation Bhd (SDP) said one of the issues surrounding remediation fees is that there is no information available on what the standard components should be.
Suppliers warn ‘just days left’ to tackle oil shortages, as government drags feet on palm decision
21/04/2022 (The Grocer) - Major suppliers have warned they have “just days†of sunflower oil supplies left, as emergency talks called on the government to relax rules on the controversial use of palm oil as a substitute.
Indonesia president wants thorough probe of palm oil graft allegations
20/04/2022 (The Star Online) - Indonesian President Joko Widodo said on Wednesday he wanted a thorough investigation of alleged breaches of rules for issuing palm oil export permits after the government's policy failed to help contain surging cooking oil prices.
CPO futures snap three-day winning streak to end lower
20/04/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped a three-day winning streak to close lower on Wednesday on profit-taking as well as concerns over weaker export performance, a dealer said.
Indonesian trade official, palm oil execs charged in cooking oil crisis
19/04/2022 (Mongabay), Jakarta - Indonesian prosecutors have charged a top trade ministry official and three palm oil executives in connection with a scarcity of cooking oil that has driven up process and caused public unrest.
Indonesia probes Wilmar staff, trade ministry in palm oil corruption case
20/04/2022 (The Straits Times), Jakarta - Indonesia has detained suspects including the commissioner of a Wilmar International unit and a senior trade ministry official as part of a corruption case involving palm oil exports.
SD Plantation shares to still thrive despite Ferrero, Cargill setbacks?
20/04/2022 (New Straits Times), Kuala Lumpur - The impact on Sime Darby Plantation Bhd's share price from Italian confectionary giant Ferrero and Cargill Inc bans of the former's palm oil is just a knee-jerk reaction, analysts said.
Won't hesitate to probe anyone involved in cooking oil case: AGO
20/04/2022 (Antara News), Jakarta - Attorney General Sanitiar Burhanuddin has said that he will not hesitate to legally process anybody, including ministerial-level officials, in connection with the recent case of cooking oil shortage.
