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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
Weak oil price amid Covid-19 pandemic an invitation for Malaysia to reinvent its economy, say experts
The combination of a global pandemic and depressed oil prices could be the opportunity for Malaysia to reinvent and diversify its economy, said experts.
Oil down in Asia after big gains last week
Oil prices were down in Asian trade today after big gains last week on signs of a demand revival as some governments ease coronavirus lockdown measures.
Fitch takes negative rating actions on six palm-oil producers in Malaysia and Indonesia
KUALA LUMPUR: Fitch Ratings has taken negative rating actions across its coverage of palm-oil producers in Malaysia and Indonesia.
Palm oil rises on lower Indonesian inventories; set to post weekly loss
KUALA LUMPUR (May 8): Malaysian palm oil futures climbed 2% on Friday, as traders said Indonesian inventories of the vegetable oil dipped in March, although the contract was set for a sharp weekly loss.
Time ripe for edible oil mission: Industry
Trade body says government should focus on boosting oilseeds output for self-sufficiency.
Palm oil futures down on waning demand
PALM oil price has been the lowest in 10 months, dropping 34.19% since the beginning of the year to RM2,038 per tonne on Wednesday.
India Edible Oil: Up; Soybean, refined soyoil rise on value buying
NEW DELHI – Futures contracts of all components of the domestic edible oil basket rose today on domestic exchanges.
Rapeseed and soy production expands in the EU-27
More land in the EU-27 has been planted with oilseeds for the 2020 crop than the previous year due to the expansion in rapeseed and soy areas.
India could soon return to Malaysia for palm oil
KUALA LUMPUR (May 5): India is seen as having very little choice and could soon turn to Malaysia and start importing back, especially if the COVID-19 pandemic situation in Indonesia gets worse and the country goes into full lockdown as most of the countries are doing at the very moment.
