Bloomberg Survey: Malaysian palm oil stockpiles seen shrinking a sixth month to the lowest level in a year 🌴April stockpiles -4.7% m/m to 1.63m tons 🌴Output +4.3% m/m to 1.45m tons 🌴Exports -8.3% m/m to 1.21m tons MPOB will release official data May 10. More on Bloomberg Terminal

Malaysia is taking inspiration from China’s “Panda Diplomacy,” and is considering to gift orangutans to some of its trading partners, including the EU 🦧 bloomberg.com/news/articles/… via Bloomberg Politics #palmoil

Palm oil stockpiles in Malaysia surprisingly climbed to 1.74m tons in April after shrinking for five months. 🌴MPOB data shows production rose more than expected while exports dropped 🌴May 1-10 exports: AmSpec -14.8% m/m; ITS -14.2% m/m What's next for palm oil prices? 📈

Weather is rattling the rice market once more, driving prices of the food staple back to the cusp of 15-year highs after a period of calm. bloomberg.com/news/articles/… via Bloomberg Markets

BLOOMBERG SURVEY: Malaysian palm oil stockpiles probably rose a second month as production in the world’s No.2 grower surged the most in a year. 🌴May stockpiles +2.3% m/m to 1.78m tons 🌴Output +11.3% m/m to 1.67m tons 🌴Exports +14% m/m to 1.4m tons More on Bloomberg Terminal

Malaysian palm oil producer Johor Plantations and a shareholder expect to raise about $156 million in an IPO, putting the group on track to execute the country’s biggest listing in over two years. bloomberg.com/news/articles/… via Bloomberg Markets

Malaysia has set a net-zero goal by 2050, removing most subsidies on diesel this month and vowing to target gasoline next. bloomberg.com/news/articles/… via Bloomberg Green

Robots could help produce the world's most-consumed edible oil. Palm oil is used in everything from chocolates to soap, but farmers producing it say it's a "dangerous" and "dirty" job. Anuradha Raghu looks at how these robots work trib.al/5zNtYVi

It's great to see our robots featured in this Bloomberg story about labor shortages driving the production world's largest food oil. Our patented AI-powered autonomy and plant intelligence capabilities are the key solution - #autonomy #ai #agtech #robotics

BLOOMBERG SURVEY: Malaysian palm oil stockpiles likely hit a 4-month high in June as exports slumped. Output, however, fell the first time since Feb 🌴June stockpiles +4% m/m to 1.82m tons 🌴Exports -10% m/m to 1.24m tons 🌴Output -6% m/m to 1.6m tons More on Bloomberg Terminal

Johor Plantations is confident about appealing to European consumers thanks to its short, sustainability-certified supply chain, MD Mohd Faris Adli Shukery told Bloomberg. Shares rose as much as 10.7% on its Tuesday debut. bloomberg.com/news/articles/… via Bloomberg Green

BLOOMBERG SURVEY: Malaysian palm oil stockpiles rose to a 5-month high in July, as production rebounded and outweighed a surge in exports. 🌴Stocks +1.1% m/m to 1.85m tons 🌴Output +13% m/m to 1.83m tons 🌴Exports +25% to 1.52m tons -- highest level since Sept 2021 By eko listiyorini

The Bursa Palm Oil Conference kicks off in Kuala Lumpur today. Palm oil production will be closely watched especially after floods in Malaysia submerged farms in several areas. Here's what the Malaysian Palm Oil Board DG Ahmad Parveez Ghulam Kadir has to say: bloomberg.com/news/articles/…

From the Philippines to Senegal, billions of people are finding it easier to feed their families now that rice prices have plunged off 15-year highs bloomberg.com/news/articles/… via Bloomberg Markets

Coconuts get pricier as poor weather drives global shortage bloomberg.com/news/articles/… via Anuradha Raghu

Hotpot diplomacy 🍲🍲

Malaysia’s palm oil industry is grappling with a dwindling labor pool as workers increasingly shun physically demanding jobs at plantations, a trend that threatens to exacerbate production woes in the major grower bloomberg.com/news/articles/…