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MARKET DEVELOPMENT
14-12-2023

Research houses forecast softer CPO prices in December

13/12/2023 (Malay Mail), Kuala Lumpur - The average local crude palm oil (CPO) delivery price is forecast to close 0.4 per cent month-on-month lower to RM3,684 per tonne in December from RM3,700.5 per tonne in November due to the abundance of year-end stocks, said MIDF Research.

MARKET DEVELOPMENT
13-12-2023

Kinergy Advancement in bioenergy partnership to innovate palm oil industry

12/12/2023 (The Star Online), Kuala Lumpur - Kinergy Advancement Bhd (KAB) has teamed up with Agromate Holdings Sdn Bhd, to spearhead bioenergy or renewable energy (RE) generation across palm oil mills (POM) in the country.

MARKET DEVELOPMENT
13-12-2023

Malaysia's palm oil stocks falls 1.09% to 2.42 mln tonnes in November

12/12/2023 (The Star Online), Kuala Lumpur - Malaysia’s total palm oil stocks fell by 1.09 per cent to 2.42 million tonnes in November from 2.45 million tonnes in October, according to the Malaysian Palm Oil Board (MPOB).

OILS & FATS
13-12-2023

VEGOILS-Palm oil ends flat as lower stocks offset slowing exports

12/12/2023 (Nasdaq), Mumbai - Malaysian palm oil futures ended a volatile session flat on Tuesday, as a drop in inventories offset a slowdown in December exports.

MARKET DEVELOPMENT
13-12-2023

HLIB keeps 'hold' on TSH Resources, says upside capped by absence of earnings growth catalyst

12/12/2023 (The Edge Malaysia), Kuala Lumpur - Hong Leong Investment Bank (HLIB) remains cautious about TSH Resources Bhd, amid concerns over flattish fresh fruit bunch (FFB) output growth, while crude palm oil production cost will be maintained at current levels.

MARKET DEVELOPMENT
13-12-2023

Adani Wilmar Expects 'Comfortable' Prices, Wedding Season To Boost Sales

12/12/2023 (NDTV Profit Online) – The six-month-long wedding season in India is expected to boost Adani Wilmar Ltd.'s sales, as edible oil prices are "comfortable". This demand gives a lot of buoyancy to consumption, which will continue till mid-April, Angshu Mallick, managing director and chief executive of Adani Wilmar, told NDTV Profit at the sidelines of an industry event in Mumbai.

MARKET DEVELOPMENT
12-12-2023

Palm oil market dynamics - Insights ahead of MPOB

11/12/2023 (Mintec Global) - Insights gathered from market players suggest that the release of the latest Malaysian Palm Oil Board (MPOB) report on 12 November may hold surprises. While alignment exists among market players on certain metrics, debate surrounds others.

MARKET DEVELOPMENT
12-12-2023

VEGOILS-Palm oil gains on stronger rival oil, lower demand caps gains

11/12/2023 (Nasdaq), New Delhi - Malaysian palm oil futures ended slightly higher on Monday, extending gains from the previous session, as the market tracked strength in Chicago soyoil prices.

MARKET DEVELOPMENT
12-12-2023

Dekel Agri-Vision shares rise on "record" palm oil production

11/12/2023 (Market Screener) - Dekel Agri-Vision PLC on Monday announced that palm oil production soared to record heights in November at its Ayenouan project in Ivory Coast.

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