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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 set for second straight weekly jump on global supply fears
[KUALA LUMPUR] Malaysian palm oil futures extended gains on Friday (Apr 15), setting them on course for a second consecutive weekly jump, as concerns over tightening global edible oil supplies lingered in the wake of Russia's invasion of Ukraine.
CPO futures market due for profit taking
KUALA LUMPUR • The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to witness profit-taking activities next week after its recent strong performance.
Edible oil prices: Even record imports fail to arrest hike
Despite record imports of soybean oil in the first quarter, consumers are having to pay an additional Tk 36-38 for every litre of non-bottled soybean oil over the price set by the government.
Malaysia offers UK way out of cooking oil crisis caused by Russia
MALAYSIA has offered to help ease a crisis in cooking oil supplies for the UK by selling it controversial palm oil. The war in Ukraine has led to a shortage of sunflower and vegetable oil for cooking, hitting food producers, restaurants and retailers across Britain and Europe.
Palm rises to one-month high as Argentina strike raises supply worries
Malaysian palm oil futures rose on Thursday to their highest level in a month, as a trucker strike in Argentina threatened to hammer supplies in a global edible oil market that is already squeezed by the Russian-Ukraine conflict.
MPOB, MPOC and MPOCC will be highly synergised if they are placed under one roof — Zuraida
KUALA LUMPUR (April 14): Collaboration between the Malaysian Palm Oil Board (MPOB), Malaysian Palm Oil Council (MPOC) and the Malaysian Palm Oil Certification Council (MPOCC) will allow these organisations to streamline their missions and create greater synergy rather than for them to work in silos.
Sunflower oil imports may fall to 80,000 tonnes in April
According to BV Mehta, executive director, SEA, “India had imported around 127,000 tonnes of sunflower oil from Ukraine, 73,500 tonnes from Russia and 11,900 tonnes from Argentina. These consignments had left for India before the conflict began between the two countries and no shipment from Ukraine took place in April.â€
UPDATE 2-France's Avril to expand sunflower crushing to cut import reliance
PARIS, April 14 (Reuters) - French oilseed group Avril said on Thursday it plans to build additional sunflower seed crushing capacity to cut its reliance on imports, as the war in Ukraine reduced shipments of sunflower oil and meal from the European Union's main suppliers.
Industry minister evaluates bulk cooking oil data collection system
Jakarta (ANTARA) - Industry Minister Agus Gumiwang Kartasasmita evaluated a data collection system for the distribution of subsidized bulk cooking oil called the Bulk Cooking Oil Information System (SIMIRAH).
