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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Which Palm Oil Company Is a Better Buy in 2019? (Part 1)
One of the worst-performing industries in the last five years (other than the oil and gas industry) has been the palm oil industry. During this period, companies like First Resources Ltd (SGX: EB5) and Bumitama Agri Ltd. (SGX: P8Z) saw their market capitalizations decline in excess of 30%.
Palm oil biased to fall to RM2,117
Palm oil may break a support at RM2,117 per tonne, and fall to the next support at RM2,1094, as the downtrend from the Feb 7 high of RM2,344 remains steady.
Malaysian palm oil/Vegoils: Market factors to watch Thursday March 7
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday March 7.
Experts moderately bullish on 2019 crude palm oil prices
Palm oil experts are moderately bullish on the recovery of crude palm oil (CPO) prices this year, with limited upside seen. The industry is expected to shape up better next year instead, on the back of a slowdown in production and high palm oil stockpiles easing on higher biodiesel mandates.
Sabah to get RM13bil investment at industry cluster in Lahad Datu
Sabah is set to receive a RM13bil investment, its single biggest so far, at the Palm Oil Industry Cluster (POIC) in Lahad Datu.
Ringgit to weaken to 4.15 level against US dollar
The ringgit is expected to weaken to 4.15 against the US dollar by year-end as the local note is vulnerable to China’s economic growth, according to an analyst.
CPO price likely to improve this year
The price of crude palm oil (CPO) is expected to improve to between RM2,240 and RM2,360 a tonne this year if the benchmark Brent crude oil continues to trade within US$60 and US$65 per barrel, according to LMC International Ltd chairman Dr James Fry.
Malaysia sees relief after drought of foreign portfolio flows
Foreign investors are slowly coming back to Malaysia after a sell-off last year, attracted by reduced political tensions, the market pricing and hopes for better returns after economic growth picked up in late 2018.
2019 a 'turning point' for palm oil industry, says FGV chairman
After a year of bleak crude palm oil (CPO) prices, FGV Holdings Bhd, the world's largest CPO producer, sees this year as the "turning point" for the palm oil industry.
