Archived News
24-09-2018
Palm oil seen to be in range bound trade next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives will likely remain in range-bound trading at between RM2,130 and RM2,170 next week, as traders may adopt a wait-and-see attitude, amid the ongoing trade tensions between the United States (US) and China, a dealer said.
21-09-2018
Malaysian palm oil/Vegoils: Market factors to watch Friday Sept 21
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Sept 21.
21-09-2018
Malaysian palm oil price hits 3-year low on rising output, stocks outlook
KUALA LUMPUR: Malaysian palm oil futures fell to a three-year low on Thursday, weighed down by expectations of rising production and end-stocks in producer nations Indonesia and Malaysia.
21-09-2018
Indonesia aims to coax, not compel, exporters to convert dollar
JAKARTA: Indonesia's finance minister said the government aims to "persuade" exporters to keep earnings onshore and convert them into rupiah, rather than make this mandatory, amid confusion over a plan floated this week to support the ailing currency.
21-09-2018
European vegoils-Palm oil easier on bearish production and stocks outlook
ROTTERDAM: Palm oil on the European vegetable oils market was lower on Thursday, following the weaker trend in Malaysian palm oil futures, which eased on expectations of increased production and growing palm oil stocks in both Malaysia and Indonesia.
21-09-2018
Indonesia halts new palm oil plantation development
JAKARTA: Indonesia's president has signed a moratorium on all new palm oil plantation development, an official said Thursday, in a move hailed by environmentalists.
21-09-2018
Commodities: Palm oil hits three-year low
KUALA LUMPUR: Malaysian palm oil futures fell to a three-year low on Thursday, weighed down by expectations of rising production and end-stocks in producer nations Indonesia and Malaysia.
21-09-2018
Teresa Kok and Shafie Apdal discuss sustainable palm oil and timber industries
KOTA KINABALU: The Sabah government will try to get all palm oil planters in the state to apply for the Malaysian Sustainable Palm Oil (MSPO) Certification by December 2019
21-09-2018
Inside China's strategy in the soybean trade war
The executive from one of China's biggest soybean crushers sat on a panel at a Kansas City agricultural exports conference, listening to an expert beside him explain why China would remain dependent on U.S. soybeans to feed its massive hog herds.
20-09-2018
Palm oil/Vegoils: Market factors to watch Thursday Sept 20
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 20.
20-09-2018
Malaysian palm oil price falls to 2-month low on inventories outlook
KUALA LUMPUR: Malaysian palm oil futures hit their lowest in nearly two months on Wednesday, tracking declines in related edible oils and as traders expect higher stockpiles in producer nations
20-09-2018
Palm oil may revisit July 25 low of 2,140 ringgit
SINGAPORE (Sept 20): Palm oil may revisit its July 25 low of 2,140 ringgit per tonne, as it has broken a support at 2,162 ringgit. The support is identified as the 86.4 percent retracement of the uptrend from 2,140 ringgit to 2,303 ringgit. It is the last barrier towards 2,140 ringgit.