Archived News

It emphasised that “India appears to have viable options to satisfy its projected national demand for palm oil without compromising either its biodiversity or its food security.”

With nearly ten percent, the biggest drop can be attributed to the vegetable oil sector, reflecting lower prices for palm oil due to prospective seasonal production increase and lower import demand

Palm oil may rise into a range of 4,458-4,531 ringgit per tonne, as it has risen far above a key barrier at 4,260 ringgit.

The protection, restoration and sustainable management of forests are crucial both for achieving China’s climate targets, and for conserving biodiversity.

Malaysian palm oil futures edged lower on Monday, as rival soyoil fell on the Chicago Board of Trade (CBOT) with soybean futures dropping to a two-week low.

SINGAPORE: Palm oil may break a resistance at 4,274 ringgit per tonne and rise to 4,344 ringgit per tonne, as it has pierced above a lower resistance at 4,260 ringgit.

NEW YORK, July 26 (Reuters) - U.S. soybean futures rose on Monday, as traders worried the market was oversold after earlier reaching a two-week low and as a palm oil rally spilled over into the market, traders said.

SINGAPORE, July 26 (Reuters) - Malaysian palm oil futures reversed earlier losses to jump more than 2% higher on Monday, as palm production fell more than 10% in July, traders say.

NEW YORK, July 26 (Reuters) - Chicago soybeans and corn rose on Monday after traders fretted that both markets were oversold, while continued dryness in the northern Plains helped boost futures further.

Tired of traveling from store to store in search of the best prices, Renad Wafi is increasingly shopping online for basic items in an attempt to balance the household budget.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to experience a technical correction after a strong rally recently.

ECONOMYNEXT – Sri Lanka’s tea and oil palm farming companies are likely to be hit from a fertilizer ban Fitch Ratings said though prices may rise to compensate, Fitch Ratings said as imports were curtailed after money printing created forex shortages.