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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 dip on lower exports, higher inventories
Malaysian palm oil futures eased on Monday, pressured by falling exports amid higher March inventories as global lockdowns to stem the spread of the coronavirus curbed demand
Palm oil dips on lower exports, higher inventories
Malaysia’s palm oil inventory rose to 1.73 million tonnes in March, its first increase after five straight months of declines, as production exceeded total consumption.
Malaysia’s exports in April 1-10 fell between 6.6% and 12% from the month before, cargo surveyors said on Friday.
Second round of China FTA talks close
he second round of negotiations for a Cambodia-China Free Trade Agreement highlighted the potential for expanding trade, investment, services, and strengthening cooperation between the two countries in the upcoming years, Ministry of Commerce secretary of state Sok Sopheak said in a press release on Friday
Ensuring the estates comply
The Plantation Industries and Commodities Ministry (KPPK) is ready to assist the Sabah government ensure oil palm plantations and mills comply with Movement Control Order (MCO) directives following the state government’s decision to allow them to operate throughout the MCO.
Commodity Picks: 13 April, 2020
For the week ahead, prices are expected to head towards Rs 680 per 10 kg. Demand is good across the house hold segment
Govt. increases Special Commodity Levy on Palm Oil
The government has increased the Special Commodity Levy on palm oil by Rs 100 with effect from April 10
Lower palm oil exports if Covid-19 persists
Lower palm oil export numbers will likely persist if the spread of the Covid-19 is not controlled, but analysts believe that demand is largely recession-proof.
Need for more awareness of products with sustainable palm oil in Italy, concludes report
he Italian Union for Sustainable Palm Oil has identified five challenges in promoting a culture of sustainability for the commodity in Italy, which includes poor recognition of products containing certified sustainable palm oil.
