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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
Soya oil in bull grip
Despite weak demand, strong global cues and report of damage to soyabean crops on account of recent heavy rains in Madhya Pradesh lifted soya oil in Indore with soya refined here today rising to ₹870-72 for 10 kg, while soya solvent ruled at ₹810-15
RCEP countries make "significant" progress in trade talks
Ministers from 15 Asia-Pacific countries negotiating the Regional Comprehensive Economic Partnership (RCEP) agreement on August 27 said they have made "significant progress" toward the signing of the deal by the end of the year, while whether India will stay on as a member of the framework remains uncertain.
Ministers meet to promote RCEP signing by year’s end
The 8th Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting was held online on August 27 under the chair of Vietnamese Minister of Industry and Trade Tran Tuan Anh.
IJM Corp ekes out a small profit in Q2, palm oil unit shines
KUALA LUMPUR: IJM Corp Bhd managed to eke out a small profit in the three months ended June 30, as construction revenue plunged due to the movement control order (MCO) during the quarter.
Indonesia aims to finish research on 40%-palm-based biodiesel in Nov
JAKARTA, Aug 26 (Reuters) - Indonesia, the world's largest palm oil exporter, plans to finish research into biodiesel containing 40% palm oil by November, the head of the energy ministry's research department said on Wednesday.
VEGOILS-Palm rises from 4-week closing low on stronger soyoils, crude
JAKARTA, Aug 26 - Malaysian palm oil futures rose on Wednesday, partially recovering from a four-week closing low hit in the previous session on higher soyoils and crude, although weaker August exports capped gains.
Edible oil prices likely to fall by Diwali
NEW DELHI: Consumers may have to pay less for edible oils beginning this festive season because of rising stocks of palm oil in Indonesia and Malaysia along with the expected strong domestic oil seeds harvest by September, industry executives said.
Sarawak Oil Palms' profit soars on higher prices and fair value gain on derivatives
KUALA LUMPUR (Aug 26): Sarawak Oil Palms Bhd's net profit soared by some 23 times to RM38.34 million for the second quarter ended June 30, 2020, compared with RM1.67 million a year ago, thanks to higher average prices of palm products sold and fair value gain on derivatives.
Soybeans have a story, analyst says
Market rally could be capped by Brazil's expected record-high plantings. There is still mostly dry weather expected for Iowa and much of central Illinois for the next five days.
