Archived News
04-08-2021
Trader: CPO price may retest RM4,400 high
Crude palm oil (CPO) is expected to average at between RM3,400 and RM3,600 per tonne this year with a possibility to test the high of RM4,400 recorded in early May, according to an industry trader.
04-08-2021
Palm oil drops nearly 6pc on lower July exports, likely higher output
Malaysian palm oil futures dropped nearly 6% to a more than one-week low on Monday as weaker July exports and estimates of a rise in production weighed on investor sentiment
04-08-2021
MPOB: Malaysian Sustainable Palm Oil certification at final stage of revision, expected to be ready soon
The Malaysian Sustainable Palm Oil (MSPO) certification is currently at the final stage of revision and is expected to be ready by the end of 2021 or early 2022
04-08-2021
CPO futures end higher in anticipation of weaker production
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed yesterday's losses to end higher today on the prospect of weaker production in the near term
04-08-2021
Thailand agricultural goods prices could rise: BAAC
The price of agricultural products in Thailand is likely to rise due to increased export demands and natural disasters in other countries, a study conducted by the Bank for Agriculture and Agricultural Cooperatives (BAAC) revealed.
04-08-2021
MPOB, SME Corp to hold webinar on palm technology commercialisation, funding
The Malaysian Palm Oil Board (MPOB) in collaboration with SME Corporation Malaysia (SME Corp) will organise a webinar on Aug 5 to discuss MPOB's technology commercialisation opportunities and assistance funds to the small and medium enterprises (SMEs).
03-08-2021
Sharp increase in prices of essential commodities witnessed
Amid the looming surge in Delta variant of Covid-19 cases in the ongoing fourth wave in Karachi and the Sindh government’s imposition of lockdown from July 31 to August 8, people have gone wild about purchasing groceries and other commodities
03-08-2021
Palm oil demand to remain high
THE price of crude palm oil (CPO) is expected to remain strong in the near term with a psychological support level of around RM4,000 per tonne, according to palm oil traders
03-08-2021
Funds play ‘wait, see’ on CBOT corn, soy ahead of US yield data
Grain markets have recently been quieter than they have been for much of this year, but speculators are now looking ahead to the US corn and soybean yield forecasts due on Aug. 12 from the Department of Agriculture.
03-08-2021
EU rapeseed supply to remain tight, says Strategie Grains
In a monthly oilseed report, the consultancy kept its forecast for this year’s European Union rapeseed harvest almost unchanged at 17.03 million tonnes, 2.5% above estimated 2020 output of 16.61 million.
03-08-2021
Palm oil may fall to 4,287 ringgit
Palm oil may fall to 4,287 ringgit per tonne, as it failed again to rise above the May 12 high of 4,525 ringgit.
03-08-2021
OILSEEDS PRICES
Mumbai, Aug 02 (PTI) OILS (per 10 Kgs) G.Nut Raw 1480.00 Kardi Expeller - Sesame Expeller - Sunflower Exp. 1390.00 Sunflower Exp.Ref. 1475.00 Cottonseed(Refined) 1500.00 Refined Palm Oil 1258.00