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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Palm oil may test resistance at 3,757 ringgit
Palm oil may test a resistance at 3,757 ringgit per tonne, a break above which could lead to a gain to 3,835 ringgit.
Palm oil falls over 2pc
Malaysian palm oil futures ended 2.5% lower on Tuesday, hitting a one-week low on concerns of weak demand as partial data showed a sharp decline in January exports
VEGOILS-Palm gains 1% as U.S. cuts soybean supply forecast
Malaysian palm oil futures climbed 1% on Wednesday, recovering from two straight sessions of falls, as rival soyoil prices jumped after a widely watched U.S. report cut its forecast for soybean supplies.
Biodiesel feedstocks face Malaysian lockdown squeeze
Malaysian used cooking oil (UCO) and palm oil mill effluent (POME) collections face potential curbs under new Covid-19 lockdown restrictions coming into effect today.
Continuation of tariffs opposed
The cost of US tariffs on China has far exceeded any benefits derived from them, so the incoming administration in Washington should roll them back, a major American business group said on Monday as the United States' trade chief advised President-elect Joe Biden to retain the punitive measures on China
Telangana begins work on oil palm plan
Telangana, which is on a drive to promote oil palm acreage, has decided to set up a committee to calculate the cost of production to grow the edible oil plantation and ways to support the farmers.
Sime Darby Plantation: We’ll strive to do our best to counter forced labour claims
Sime Darby Plantation Bhd (SDP) will strive to do its best to counter the allegations of forced labour in its production process and restore its reputation among its customers worldwide
VEGOILS-Palm oil falls over 2% as export drop stokes demand worries
Malaysian palm oil futures ended 2.5% lower on Tuesday, hitting a one-week low on concerns of weak demand as partial data showed a sharp decline in January exports.
Analysts remain neutral on plantation sector as CPO prices expected to soften in 2H21
After Malaysia’s crude palm oil (CPO) inventory declined to a three-and-a-half-year low of 1.26 million tonnes in December 2020 from 1.56 million tonnes in November, analysts believe a seasonal production uptick, coupled with weaker export demand, will help replenish stocks and consequently drive prices down.
