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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's rapeseed output could rise, cut vegoil imports
Rapeseed output in India, the world’s biggest importer of vegetable oils, is likely to rise 4% this year as favourable weather boosted yields of the winter-sown oilseed, a leading trade body said on Wednesday.
Palm oil up over 2pc
The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange rose 57 ringgit, or 2.41%, to 2,377 ringgit ($565.41), its second straight session of advances.
Oil price lower on coronavirus fears despite Fed rate cut and hopes for OPEC+ output cut
The global oil benchmark ended Tuesday slightly lower under pressure from falling equities, but the losses were contained slightly as top producers considered more output cuts to support prices and the Federal Reserve cut U.S. interest rates to support the economy
PM praised for reversing decision on increasing power tariff
President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has lauded Prime Minister Imran Khan for averting a nationwide crisis by reversing the decision to increase power tariff for the export sector.
US, Britain pacts ‘to boost Kenya’
Kenya’s proposed trade deals with the US and UK, once achieved, will boost its economic activities in coming years, economists have argued, even as the private sector urge caution
Palm up over 2pc on hopes of demand recovery from India, China
Malaysian palm oil futures jumped over 2% on Tuesday on hopes of a recovery in demand from China and India, following the ouster of prime minister Mahathir Mohamad, whose criticisms about India had soured palm oil trade with the country.
Sri Mulyani appoints new oil palm agency head amid commodity's challenges
Finance Minister Sri Mulyani Indrawati has appointed Eddy Abdurrachman as the new Indonesian Oil Palm Estate Fund (BPDP-KS) president director, replacing Dono Boestami
FGV earnings likely to continue improving on robust CPO prices
FGV Holdings Bhd (FGV) earnings are expected to continue to improve on the back of its strong fourth quarter results, higher crude palm oil prices and as its transformation plans bear fruit, according to brokerage firms.
India Edible Oil: NCDEX March soybean rises 2% on bargain buying
Futures contracts of all components of the edible oil basket rebounded on the domestic exchanges today, tracking gains in global markets.
