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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
CORN, SOYBEAN OIL EXPORTS HIT MARKETING YEAR HIGHS
Overall, 2019/20 sales of corn, soybeans, soybean oil, and wheat were above expectations, while soybean meal was towards the high end of estimates.
COVID-19: Oil palm industry remains stable, backed by demand
The COVID-19 pandemic will not have a large impact on the nation’s oil palm industry as it continues to be supported by local and international demand, commercialisation of downstream products, exploration of new markets as well as Government initiatives.
Malaysia welcomes India’s move to remove 5pc duty on palm oil imports
Malaysia welcomes India’s decision not to renew the imposition of the five per cent bilateral safeguard duty on refined palm oil from the country, Plantations Industries and Commodities Minister Datuk Mohd Khairuddin Aman Razali said
Covid-19: S’wak oil palm plantations, mills to submit workers’ list
All oil palm plantations and mills in Sarawak are required to submit a list of their workers to the state disaster management committee, as part of efforts to curb the spread of Covid-19, says Datuk Amar Douglas Uggah.
Malaysian palm oil rallies
Malaysian palm oil futures ended higher on Wednesday driven by supply concerns after Malaysia extended its restricted movement order a day after suspending some palm operations, and as higher soyaoil prices lended support.
In the midst of a pandemic, the EU must suspend its proposed palm oil ban
The world is finally waking up to the realization that the Coronavirus pandemic could result in a global death toll in the millions – if not higher. Hopefully, that won’t be the case, and a cure or at least a prophylactic medicine can be found soon to end “World War V†(as many are calling the Coronavirus pandemic, with the V standing for Virus)
Negative on Sabah’s plantation estate operations suspension
The report said all palm oil operations in the three districts will be suspended from March 25 to 31, while palm oil processing factories will halt operations from March 27 to 31.
Halal industry remains resilient despite challenging times
The Halal industry continues to show resilience due to its strong fundamentals amidst the current volatility of crude oil prices and the Covid-19 crisis, says the Halal Development Corporation Bhd (HDC).
Grains: Soybeans stay firm as coronavirus supply risks weighed
Chicago soybean futures rose for a seventh consecutive session on Wednesday, underpinned by risks of supply disruption in South American due to coronavirus measures, although gains were capped by wider concerns about the economic fallout from the epidemic.
