Archived News

SINGAPORE (June 27): Palm oil may be rangebound between RM2,150 and RM2,398 per tonne in the third quarter, as suggested by a triangle, the wave pattern and a projection analysis.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday June 27.

PARIS: A ban on palm oil due to fears it may cause deforestation could displace rather than halt global biodiversity losses as it would likely increase output of other oil crops to meet rising vegetable oil demand, an international survey showed on Tuesday.

KUALA LUMPUR: Malaysian palm oil futures saw their sharpest fall in a week on Tuesday evening, snapping two sessions of gains, due to slowing demand.

BEIJING -- China is harnessing soybeans as a weapon in its escalating trade conflict with the U.S., eliminating import tariffs on the key commodity from five countries to diversify its supply base.

PARIS: Palm oil production has "decimated" animal and plant life in Malaysia and Indonesia, and threatens pristine forests in central Africa and South America, a leading international conservation group warned Tuesday.

Does your lipstick threaten the future of one of our closest living relatives, the orangutan? Is that slobbering slice of pizza you're having in front of the World Cup on TV worth the life of a tiger?

OCBC maintains bearish outlook for palm oil prices in 2H as supplies expected to rise in 3Q amid lacklustre demand, analyst Barnabas Gan says in report on Tuesday

Malaysian palm oil futures reversed earlier losses to chart a second straight session of gains at the close of trade on Monday, as the market's outlook of falling output supported prices.

JAKARTA, June 26 (Xinhua) -- The European Union has adjourned its ban on some Indonesian crude palm oil (CPO) exports, allowing the country to ratchet up shipments of the commodity abroad, an Indonesian minister said on Tuesday.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday June 26.

Malaysian palm oil futures reversed earlier losses to chart a second straight session of gains at the close of trade on Monday, as the market's outlook of falling output supported prices