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Palm oil ends at highest since Nov on flooding woes
Heavy rainfall, floods to affect Malaysia’s 2023 CPO production, says researcher
Palm vs Soy Oil Price Disparity Likely to Increase in 2023
Crude palm oil prices dropped pressured by persistent doubts over demand
Palm oil neutral in 4,153-4,225 ringgit range
09/03/2023 (Business Recorder), Singapore - Palm oil looks neutral in a range of 4,153-4,225 ringgit per tonne, and an escape could suggest the following direction.
Martin: Issues affecting S’wak oil palm smallholders will be brought up to Putrajaya
09/03/2023 (The Borneo Post), Kuala Lumpur - Deputy Minister of Food Industry, Commodity and Regional Development Martin Ben has given assurance that the Sarawak government will bring the issues affecting oil palm smallholders to the attention of the federal government.
Palm oil to fall to RM3,760 per tonne average in 2023, says analyst Fry
08/03/2023 (The Star Online), Kuala Lumpur - Malaysia benchmark crude palm oil futures will average RM3,760 a tonne in 2023, down from RM4,920 in 2022, pressured by lower gasoil prices, leading analyst James Fry said on Wednesday.
MPOB expects palm oil stocks to dip below 2mil tonnes
08/03/2023 (Free Malaysia Today), Kuala Lumpur - Malaysia’s palm oil stocks could fall below two million tonnes by the end of April, which would be the lowest since July, as exports are increasing after Indonesia restricted overseas sales, a senior official told Reuters.
Malaysia palm oil stocks could fall below two million tonnes by end April, says official
08/03/2023 (Malay Mail), Kuala Lumpur - Malaysia's palm oil stocks could fall below 2 million tonnes by the end of April, which would be the lowest since July, as exports are increasing after Indonesia restricted overseas sales, a senior Malaysian official told Reuters.
Asian palm oil buyers seek stable export policies from producers
07/03/2023 (Channel News Asia), Kuala Lumpur - The Asian Palm Oil Alliance (APOP), a body of palm oil buyers, want producing countries to make sure they have stable export policies after changes last year caused volatility in the trading of the tropical oil, the head of the group said.
Coordinated approach needed to iron out issues in palm oil industry
08/03/2023 (The Sun Daily), Kuala Lumpur - A palm oil industry player has called for a coordinated approach to deal with the issues in the palm oil industry, including the treatment of foreign labour in Malaysia.
Palm oil to trade between RM4,000-RM5,000 a tonne until August- analyst Mistry
08/03/2023 (The Star Online), Kuala Lumpur - Malaysian palm oil is expected to trade between RM4,000 and RM5,000 per tonne from now until August as Indonesia's ambitious biodiesel mandate will keep stocks tight in the first half of 2023, industry analyst Dorab Mistry said on Wednesday.
Palm oil may test support of 4,225 ringgit
07/03/2023 (Business Recorder), Singapore - Palm oil may test a support of 4,225 ringgit per tonne, a break below which could trigger a drop into 4,153-4,197 ringgit range. The drop on Monday does not look like the second pullback towards the Jan. 3 high of 4,276 ringgit.
