PALM OIL NEWS 2022


KOTA KINABALU, Aug 29 — Medium-sized oil palm producers in the state will soon adopt sustainable practices under the Malaysian Sustainable Palm Oil (MSPO) and Roundtable on Sustainable Palm Oil (RSPO) certification standards.

This comes after the first meeting of the Koperasi Lestari Penanam Sawit Sabah Berhad (Klass), a cooperative to assist the producers get group accreditation under the two certification standards.



KUALA LUMPUR (Aug 24): The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives extended gains to close higher on Wednesday, spurred by positive market sentiment.

Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the local market was influenced by the bullish momentum in the Chicago Board of Trade (CBOT) soybean oil futures overnight and a mid-session flurry in China’s vegetable oil futures.

SUMBER: NEW STRAITS TIMES, MS 23
24 OGOS 2022