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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
Indonesia’s biodiesel thirst may weaken palm oil exports
Indonesia is likely to use up 8.3 million tonnes of palm oil to meet domestic demand for biodiesel this year, rising concerns there won’t be enough palm oil left to export, according to the Indonesian Palm Oil Association, or Gapki.
FGV untung jika Pakistan tambah import sawit
KUALA LUMPUR: FGV Holdings Bhd boleh menjadi penerima manfaat jika bekalan minyak sawit ke Pakistan meningkat berikutan pernyataan minat daripada kerajaan Pakistan untuk mengimport lebih banyak minyak sawit dari Malaysia, kata Pemilik dan Pengasas Bersama Palm Oil Analytics, Dr Sathia Varqa.
Malaysia January palm oil stockpiles seen falling to lowest in over two years
KUALA LUMPUR (Feb 5): Malaysian palm oil inventories likely tumbled to its lowest since June 2017, as dry weather and lower fertiliser usage in the second largest palm producer early last year suppressed output to near four-year lows, a Reuters surveyed showed.
India’s palm oil import tax unchanged for M’sia
INDIA’S import duty on crude palm oil (CPO) will likely be maintained at 37.5% for Asean countries despite the official notice of raised levy issued by its government.
Pakistan lacks money, internal demand to buy more palm oil, analysts say
PETALING JAYA: Economists and analysts said Malaysia should not expect too much from Pakistani President Imran Khan’s pledge to buy more palm oil.
Palm oil jumps five percent
Malaysian palm oil futures rebounded from last week's sharp fall with a 5.1% jump on Wednesday, lifted by expectations of a steep drop in January production and strength in rival soyaoil. The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange settled up 138 ringgit at 2,804 ringgit ($681.16) per tonne, recording its third-straight session of gains.
Pakistan to offset India’s reduced palm oil import
PAKISTAN Prime Minister (PM) Imran Khan said the country is ready to buy more palm oil from Malaysia after India moved to restrict imports of refined palm oil from the country amid a diplomatic row over Kashmir.
Coronavirus drags down commodity prices as demand from China drops
Prices for commodities from natural rubber to coal have plunged in February because of decreasing demand from China, where the new coronavirus outbreak is expected to further drag down prices
RM2 tril total trade target achievable
KUALA LUMPUR: Malaysia’s trade is targeted to hit RM2 trillion this year, according to International Trade and Industry Ministry, despite easing 2.5 per cent to RM1.83 trillion last year from RM1.88 trillion in 2018.
