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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
Risk to Indonesian Biodiesel & Global Palm Oil
The Indonesian government may rein in its push to increase the use of biodiesel, as it now comes at a higher cost following a fall in crude oil prices and sustained strength in crude palm oil prices.
Vitamin E extracted from palm oil useful in boosting immunity? Here’s what studies based on liver cells reveal
A team of researchers from Malaysia and Libya recently investigated the effect of Vitamin E, extracted from palm oil, on mice liver cells as its compound is known to have antioxidant effects which protects cells from damage of toxic chemicals produced by metabolic processes
Indonesia May Cut Biodiesel Use Target as Subsidy Fund Depletes
Fitch Ratings-Singapore/Jakarta-08 November 2020: The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and sustained strength in crude palm oil (CPO) prices, Fitch Ratings says. Biodiesel is now much more expensive than regular diesel, and the subsidies drawn from an industry fund to promote biodiesel production and use have been increasing.
Biden may boost Malaysia-US ties, which have been lukewarm for several years
ON Nov 3, Americans went to the polls to elect their next president. After a month of tiresome campaigning, the United States presidential election reached its peak, when a projected 161 million voters cast their votes to determine which candidate was the most capable of taking the helm of the world's superpower.
KLCI rises 0.37% as global stocks get a Biden boost
KUALA LUMPUR (Nov 9): The main index at Bursa Malaysia rose 0.37% to stay firmly above the 1,500-point threshold as global stock markets climbed after Joe Biden won the presidential race.
Prices of cooking oil increase in Enugu major markets
Prices of palm oil and vegetable oil have skyrocketed in major markets across Enugu metropolis, placing both commodities beyond the reach of many consumers.
Global food prices continue rising in October
Global food prices continued rising for the fifth consecutive month in October, led by cereals, sugar, dairy, and vegetable oils, according to a new report from the Food and Agriculture Organization of the United Nations.
GRAINS-SOYBEANS LINGER NEAR OVER 4-YEAR PEAK ON S.AMERICA DRYNESS, CHINA DEMAND HOPES
SYDNEY, Nov 9 (Reuters) - U.S. soybeans futures edged higher on Monday, as concerns about global supplies due to dry weather in South America and expectations of strong demand from China pushed prices towards a more than four-year high.
Market moves on election and weather concerns
The market is fine with the Senate staying in Republican control and the House and presidency in Democratic control.
