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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
SDP seeks more details from group over allegations
Sime Darby Plantation (SDP) Bhd has asked for more details from Liberty Share (LS) on allegations of breaches committed after the activist group petitioned the United States to ban SDP’s palm oil export.
RHB Research maintains neutral on plantation sector
Malaysia’s crude palm oil (CPO) production rose in June 2010 by a minimal 2.5% month-on-month (m-o-m) to 1.42 million (m) tonnes, while exports rose by a larger 5.5% m-o-m to 1.44m tonnes.
Cambodia, South Korea agree to official FTA talks
The announcement comes more than a year after Prime Minister Hun Sen proposed to begin preparations for the FTA during his visit to South Korea in March last year.
‘We’re at a critical juncture’: RSPO’s Anne Rosenbarger on the push for sustainable palm oil
Palm oil is one of the most widely traded and omnipresent agricultural commodities, an ingredient that appears in food, cleaning products and toiletries. But the expanding industry and growing demand has left a trail of deforestation and human rights abuses in its wake.
Oil slips as traders expect OPEC+ to ease supply cuts
Oil slipped nearly 1% on Monday as traders eyed an OPEC technical meeting this week which is expected to recommend an easing in supply cuts that have been propping up crude prices.
Commodities support ringgit as equities gain on liquidity
THE latest cut in the Overnight Policy Rate (OPR) rate by Bank Negara Malaysia (BNM) last week will continue to divert money into liquid investments like stocks as the ringgit is lifted by higher crude oil prices as economic activity gains transaction.
As world’s largest importer of palm oil, India has a duty to push for ethical production practices
Consumption of edible oil in India, which is dominated by palm oil, has crashed by nearly 40% since the national lockdown began. Palm oil imports may slump by as much as 25% in 2020, to the lowest levels in at least a decade, experts say.
Analysts stay neutral on plantation sector as June stockpiles decline
Analysts have maintained their "neutral" stand on the plantation sector after the Malaysian Palm Oil Board (MPOB) reported data for June with month-end stockpiles declining slightly more than expected by 6.3% month-on-month (m-o-m) to 1.9 million tonnes.
Palm oil falls on weaker crude, rival soyoil
Malaysian palm oil futures fell on Monday, tracking losses in crude and rival soyoil, while and as higher June production also hurt sentiment.
