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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
Singapore shares rise 0.3% with most plantation stocks seeing gains
INVESTORS continued to rotate into Singapore-listed plantation stocks on the back of rising crude palm oil (CPO) prices and falling inventory levels, which have seen the sector outperforming the broader market in recent weeks.
What boycott? We still buy Malaysian palm oil, says Indian envoy
The Indian High Commisioner to Malaysia, Shri Mridul Kumar, today rubbished any incident of a palm oil boycott by India against Malaysia, when asked about the update on the reported disputes between the two nations.
Palm oil closes lower
Palm oil futures ticked lower on Tuesday, dropping for the first time in seven sessions after data showed Malaysian palm oil inventories fell less than expected last month while exports slid.
Upbeat prospect for Malaysia's palm oil prices next year
Analysts remain upbeat on palm oil prices next year after Malaysia's palm oil inventory fell to a three-month low in November and exports to China remained steady.
Options for oil contractors
Energy and Mineral Resources Minister Arifin Tasrif’s recent statement at the House of Representatives that oil companies would be allowed to choose either cost-recovery or the fixed gross-split scheme for their production sharing contract (PSC) will go a long way toward reinvigorating investment in exploration.
Demand for palm-oil to stay healthy, Malaysian inventory to trend downward
Demand for palm-oil has been projected by Affin Hwang Investment Bank Bhd (AffinHwang Capital) to stay healthy while Malaysian palm-oil inventory is set to trend downward.
Consumption spending to stay resilient going into 2020
Consumption spending will stay resilient in 2020 but subdued growth is expected, analysts project
Look to palm oil for electricity, says MPOB
The Malaysian Palm Oil Board (MPOB) has suggested tapping the potential of using “waste†from oil palm to generate electricity as a cleaner alternative to fuels like coal
Malaysian palm oil hits near three-year high
Malaysian palm oil futures rallied for a fifth straight session on Monday and hit near 3-year high, on fears of a sharp fall in supply. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange closed 1.6% higher at 2,904 ringgit ($696.40), the highest price since Feb. 16, 2017.
