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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
Bullish outlook for palm oil sector in 2020
The Malaysian palm oil industry is bullish on this year’s outlook for the sector amidst flattish production, depleting global vegetable oil inventories and growing demand for the commodity.
MPOB to hold palm oil Review and Outlook (R&O) Seminar on Jan 16
The Malaysian Palm Oil Board (MPOB) is organising a Review and Outlook (R&O) Seminar 2020 on Jan 16 to disseminate information on the performance of the palm oil industry in 2019, market prospects and price outlook for this year.
Copra prices improving but millers still insist on B5 implementation
Copra prices will continue to improve at least until the first three months of 2020, but millers are still insisting on the implementation of the increase of Coco Methyl Ester (CME) content on all fuels for the long-term development of the coconut industry.
Good start for Malaysian plantation sector
The plantation sector is off to a good start in 2020 as crude palm oil (CPO) continues to extend its rally from 2019 to trade above RM3,100 per tonne on strong fundamentals
US-China ‘phase one’ trade deal to be signed soon
US President Donald Trump announced the ‘phase one’ trade deal will be signed on January 15 in Whitehouse. He plans to visit Beijing after that and follow up with a ‘phase two’ negotiation with Chinese leaders.
Optimistic outlook to fuel recovery in 2020
MALAYSIAN equities are set for a better year in 2020 with the resumption of earnings growth after a two-year hiatus thanks to subsiding external risks and a recovery in commodity prices.
Demand set to grow for Black Sea sunflower oil in 2020
The Black Sea sunflower oil market reversed a decade-long downward trend in 2019, as the Platts sunflower oil FOB Black Sea assessment climbed 22% between January and late December
State palm oil industry in jitters
Cut in import duty will affect Oil Palm India and Plantation Corporation of Kerala
Palm oil welcomes 2020 with a bang!
