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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 not extending 5% safeguard duty on Malaysian palm oil
India will not be extending the bilateral safeguard duty on the import of certain palm oil varieties from Malaysia, reports The New Indian Express.
Palm oil futures jumped
Malaysian palm oil futures jumped 5% on Wednesday as buyers stocked up ahead of the Muslim holy month of Ramadan and expectations of 2019/2020 production falling also boosted prices
EU should not give in to anti-palm oil lobbies — MPOC
The Malaysian Palm Oil Council (MPOC) has urged the European Union (EU) not to give in to the usual “lobbies†which suggest palm oil, Malaysia, Indonesia, and their related industries are the culprits when it comes to deforestation.
VEGOILS-Palm oil falls on stronger ringgit, higher production forecast
Malaysian palm oil futures fell on Thursday, dragged by a stronger ringgit, cargo surveyor data showing a drop in last month's exports, and expectations of higher February production.
Desire for detente not enough to reignite Malaysian palm oil exports to India
The ousting of Malaysia's former prime minister Mahathir Mohamad, whose criticisms of India's policies in Kashmir damaged palm oil trade between the nations, has kindled hopes among Malaysian exporters for a rapid restoration of ties.
Palm oil surge 5pc on Ramadan buying, forecast of lower annual production
The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up 123 ringgit, or 5.17%, to 2,500 ringgit ($598.37), its highest level since Feb. 25.
January exports slip to RM84.1b, trade surplus widens to RM12b
Malaysia’s exports and imports slipped 1.5% and 2.4% year on year (yoy) in January 2020, leading to a wider trade surplus of RM12 billion.
More needs to be done to boost UK exports to Malaysia, says British envoy
MALAYSIA is one of the UK’s most important trading partners in Asean, second only to Singapore in bilateral trade volume. Trade volume between Malaysia and the UK rose 6.5% year on year to £5.1 billion in the 12 months ended Sept 30, 2019.
CPO futures extend rally to third session in a row
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its rally to a third consecutive session on bargain buying activities after the recent dips in prices.
