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CRUDE palm oil’s (CPO) huge 75% jump in prices over the past one year is a boon for planters, but experts are almost in unison in predicting that prices will come down in the second half of the year, as current production and supply disruptions in the global edible oil market began to ease

Malaysian palm oil futures inched down on Thursday for a second straight session, as cheaper crude oil and soyoil contracts cancelled out optimism around improving March exports

The growth prospects for TH Plantations Bhdhttps://cdn.thestar.com.my/Themes/img/chart.png looks promising, aided by the planter’s progressing strategic recovery plan and a boon from the multi-year high price of crude palm oil (CPO).

GLOBAL palm oil supply-demand fundamentals are expected to keep prices high this year as production is expected to remain tight, while demand from buyers like China is high due to the need to replenish its depleted reserves.

Palm oil, the most important source of vegetable oil in the world, is derived from the fruit of perennial palm trees, which are farmed year-round in mostly tropical areas. The palm fruit is harvested manually every 10 days to two weeks, then transported to a mill for processing, and ultimately exported and made into a dizzying array of products from food to toiletries to biodiesel

Chicago soybean futures gained for a fourth straight session on Wednesday supported by tightness in vegetable oil markets as traders anticipate U.S. planting data next week

The palm oil imports into the country increased by 34.03 per cent during the first eight months of the current fiscal year against the imports of the same period of last year.

Prices of edible oils are expected to peak in the next four weeks as there is a high possibility of them coming under pressure in April-June and July-September this year, according to ISTA Mielke GmbH (better known as Oil World) executive director Thomas Mielke.

Palm oil may drop to 3,798 ringgit per tonne, as it may have completed a bounce from 3,667 ringgit.

Palm oil-based biofuel demand from the European Union (EU) might disappear before the end-2030 implementation deadline imposed by Europe’s Renewable Energy Directive II (RED II), according to Sumwin Group’s founder and CEO, U.R. Unnithan.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives retreated to end lower on Wednesday, erasing gains for the past two days, after tracking the weaker overnight soybean oil performance on the US Chicago Board of Trade (CBOT), dealers said.

Palm oil analysts project crude palm oil (CPO) prices to contract this year, saying a recovery in supply combined with the performances of other vegetable oils will bear weight on the commodity.