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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
India records lowest vegetable oil import in May month in a decade
NEW DELHI (June 4): India's edible oil imports in May dropped 40 percent compared with the same month last year, recording the lowest volume in the month of May in a decade.
Palm oil prices snap two-day rally on forecast of higher May stockpile, lower crude
KUALA LUMPUR: Malaysian palm oil futures declined on Thursday after two days of sharp gains, on expectations of a jump in May inventories and tracking losses in crude and rival soyoil.
Malaysia's trade contracts 16pct in April, first deficit after 269 months of surplus
KUALA LUMPUR: Malaysia's trade in April dropped 16.4 per cent year-on-year to RM133.34 billion from RM159.5 billion due to Covid-19 pandemic which caused major disruptions to global supply chain.
‘Slight decrease in exports to China’
KUCHING: Malaysia’s trade with China, which represented 19.7 per cent of the total trade or RM26.25 billion, decreased marginally by 1.5 per cent year-on-year (y-o-y) in April this year, said Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali.
Soybeans hold near 3-week high on Chinese demand
PARIS: Chicago soybean futures were little changed on Thursday, holding near a three-week high as fresh demand from China supported prices while traders awaited weekly US export sales data.
Di Era Tatanan Normal Baru, Industri Sawit Tetap Teruji Stabil
Ketua Bidang Komunikasi Gabungan Pengusaha Kelapa Sawit Indonesia (Gapki), Tofan Mahdi, mengatakan bahwa industri kelapa sawit masih berada dalam kondisi normal. Ketahanan industri sawit teruji karena belum adanya PHK yang terjadi di industri sawit, serta lini produksi yang tetap efisien.
Palm oil prices edge higher for second day as crude, soyoil rise
KUALA LUMPUR: Malaysian palm oil futures inched up for a second session on Wednesday, hovering at a near two-month high, as crude and rival soyoil prices rose but traders remained cautious ahead of May production data release.
VEGOILS-Palm falls nearly 2% on forecast of higher May inventories, lower crude
KUALA LUMPUR, June 4 - Malaysian palm oil futures took a breather on Thursday after two days of sharp gains, falling on forecast of higher May stockpiles and tracking losses in crude and rival soyoil.
Malaysia’s April exports drop 23.8% to RM64.9b
PETALING JAYA: Malaysia’s April exports registered a 23.8% decline year-on-year (y-o-y) to RM64.9 billion, the largest decline since September 2009, due to most sectors of the national economy being shut down since March 18, under the movement control order.
