Archived News
12-04-2023
Palm rise to one-week closing high on tight supply outlook
11/04/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures gained for a second session on Tuesday to hit a one-week closing high, lifted by expectations of tightening supply and as traders speculated about changes to Indonesia’s export policy.
11-04-2023
Palm oil may test support at 3,740 ringgit
10/04/2023 (Business Recorder) - Palm oil may test a support at 3,740 ringgit per tonne, a break below which could open the way towards a range of 3,683-3,718 ringgit.
11-04-2023
CPO futures close higher after MPOB reports lower stocks of palm oil
10/04/2023 (Malay Mail), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today on the back of lower palm oil stocks in the country.
11-04-2023
Malaysia's palm oil stocks down 21.08% in March
10/04/2023 (The Star Online), Kuala Lumpur - Malaysia's total palm oil stocks fell 21.08 per cent to 1.67 million tonnes in March from the 2.12 million tonnes recorded the month before.
11-04-2023
Malaysia end-March palm oil stocks fall to nine-month low
10/04/2023 (The Edge Markets), Kuala Lumpur = Malaysia's palm oil inventories at the end of March fell 21.08% from the previous month to 1.67 million tonnes, data by the nation's palm oil board showed on Monday (April 10).
11-04-2023
UK entry into CPTPP, eliminating palm oil import tariff a triumph, says former member of European Parliament
10/04/2023 (The Edge Markets), Kuala Lumpur = Palm oil is highly efficient and productive than other oils per acre, which makes it cost-effective and environmentally beneficial, said John Longworth, a former member of the European Parliament.
11-04-2023
Palm oil snaps three days of losses to rise on March stocks data
10/04/2023 (Business Recorder), Jakarta - Malaysian palm oil futures closed a touch higher on Monday, snapping three days of losses after a report showed a sharp drop in stocks last month, though weak exports in the April 1-10 period limited gains.
11-04-2023
VEGOILS-Palm oil drops for fourth session, output data awaited
09/04/2023 (Nasdaq), Jakarta - Malaysian palm oil futures dropped for a fourth session on Monday, as market participants awaited March output data and export figures for the first ten days of April, due later in the day.
11-04-2023
VEGOILS-Palm oil drops for fourth session ahead of output data
10/04/2023 (Nasdaq), Jakarta - Malaysian palm oil futures dropped for a fourth session on Monday due to the absence of fresh destination buying, which hurt market sentiments, despite a tighter supply situation at origins.
10-04-2023
CPO futures likely to see volatile trading next week
08/04/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a volatile mode next week, as investors wait for reports by the Malaysian Palm Oil Board (MPOB) and the United States Department of Agriculture (USDA).
10-04-2023
Proving oil palm plantations are sustainable
07/04/2023 (The Star Online) - THE palm oil industry has always received much flak for its role in deforestation around the world.
10-04-2023
VEGOILS-Palm oil falls on weaker rivals but set for weekly rise
07/04/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures eased on Friday for a second session tracking weakness in Dalian rival oils, although the contract is set for a weekly rise on expectations of tightening supply.