Archived News

PARIS, June 28 (Reuters) - Consultancy Strategie Grains has raised its forecast for this year’s European Union rapeseed harvest while trimming demand expectations, projecting reduced supply tightness next season.

Certification to the Roundtable on Sustainable Palm Oil (RSPO) standards bodes well for the future of smallholders and sustainable forestry, as environmentally conscious companies are increasingly turning to them.

PLANTATION companies on Bursa Malaysia posted stronger financial performance in the first quarter of 2021 (1Q21) driven by favourable prices of crude palm oil (CPO). The industry is also set to enjoy strong prices due to labour shortages and strong demand albeit at lower prices, according to MIDF Amanah Investment Bank Bhd.

Malaysian palm oil futures slipped on Thursday, declining for the third time in four sessions, after an industry group estimated a jump in production.

PLANTATION companies on Bursa Malaysia posted stronger financial performance in the first quarter of 2021 (1Q21) driven by favourable prices of crude palm oil (CPO). The industry is also set to enjoy strong prices due to labour shortages and strong demand albeit at lower prices, according to MIDF Amanah Investment Bank Bhd.

KUALA LUMPUR: Malaysian palm oil futures rose more than 2% on Friday and logged their first weekly gain in three, lifted by better exports so far in June and a tight supply situation.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in range-bound mode next week as the market is lacking movement catalysts, a dealer said.

KUALA LUMPUR (June 25): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded from yesterday's losses to end higher today, supported by higher exports data.

Jambi (ANTARA) - The price of crude palm oil (CPO) per kilogram in Jambi Province for the June 24-July 1 period this year plunged considerably by Rp256 to reach Rp8,725, from Rp8,981.

CONSUMERS should expect to pay even more for vegetable cooking oil as prices could remain elevated in the short term before moderating in the latter part of the year.

LAHORE:The prices of ghee and cooking oil will increase up to Rs18 per kilogram/litre from July 1 due to the budgetary taxation measures made by the government through finance bill.

CBOT soybean oil futures contracts as far as December 2022 were seen trading lower June 25, after the US Supreme Court backed small oil refineries in a dispute related to biofuel waivers.