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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Palm oil prices to rally in first half of 2021
Palm oil prices are likely to jump in the first half of 2021, three leading industry analysts said in a webinar on Thursday, as La Nina weather pattern is set to hit edible oil supplies amid lower soybean crushing in Argentina and rising sunflower oil prices
Palm oil remains higher
Malaysian palm oil futures rose for a fourth straight day on Thursday as supply concerns due to wider coronavirus curbs and heavy rains provided support, while the market awaits industry outlook.
Oil prices rise amid concerns over supply outages
Oil prices climbed on Thursday as traders grew concerned over production disruptions in the Gulf of Mexico due to Hurricane Delta and in the North Sea due to the strike in the Norwegian oil industry.
Festival of Lights brightens future of palm oil
Palm oil purchases by India, the biggest importer from Malaysia, are likely to climb in October from a three-month low as Deepavali, the Hindu festival of lights, drives up demand for the world’s most-consumed vegetable oil.
Morocco-Turkey FTA: Rabat restores tariffs on 1200 Turkish Products
The Moroccan Government approved on Thursday an amendment of the Morocco-Turkey Free Trade Agreement, increasing tariffs by up to 90 pc on 1200 Turkish goods for a five-year period
Mars achieves 'deforestation-free' palm oil - what about the rest?
Chocolate maker Mars needs to help more palm oil producers become sustainable rather than ditching those that do not meet its standards, environmentalists said, after the confectionery giant announced it had secured “deforestation-free†supplies
Crude palm oil on a downward trend in spot market
Crude palm oil (CPO) prices have been on a decline in the spot market for the past 15 days. According to MCX data, the price of CPO, which was at ₹811.30 for a 10-kg unit in the spot market on September 21, came down to ₹777.90 on October 1, and traded at ₹773.30 on October 7.
Argentinian soybean crushing industry struggling, beans hoarding persists: analyst
Argentinian soybean crushing industry has been operating well below its potential due to the currency crisis, Thomas Mielke, executive director of Hamburg-based forecaster Oil World, said at the Globoil India webinar Oct. 8.
Oil palm getting popular in coastal districts
Vijayawada: With high returns and growing demand for the palm oil in the domestic and international market, oil palm cultivated area doubled in coastal districts of Andhra Pradesh during the last 10 years.
