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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Ministry: We’ll get through India’s palm oil duty hike
13/12/2024 (New Straits Times), Kuala Lumpur - India’s palm oil import duty hike poses a temporary challenge to Malaysia’s exports, says the Plantation and Commodities Ministry.
Palm oil reverse losses to close higher
12/12/2024 (XM.com), Jakarta - Malaysian palm oil futures reversed losses to close higher on Thursday after heavy morning profit-takingactivities weighed down the market.
CPO FUTURES SNAP THREE-DAY LOSING STREAK TO CLOSE HIGHER ON INDIA RESTOCKING ACTIVITY
12/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Thursday, sipported by restoking activity of the commodity in India.
Palm trades lower on profit-booking and tracking Dalian palm
11/12/2024 (New Straits Times), Jakarta - Malaysian palm oil futures fell on Wednesday, as traders booked profits following early gains that were triggered by a drop in November stockpiles.
Monsoon season drives continued decline in CPO production — analysts
11/12/2024 (The Edge Malaysia), Kuala Lumpur -Crude palm oil (CPO) production is projected to decline further in the coming months due to the ongoing monsoon season and the typical seasonal drop in output, according to analysts.
Impact of hike in India’s palm oil import tax temporary, says ministry
11/12/2024 (Free Malaysia Today), Kuala Lumpur - The plantation and commodities ministry is confident the increase in import tax implemented by India on the price of Malaysian palm oil is temporary.
First RSPO identity preserved certified sustainable palm oil delivered to China
10/12/2024 (OFI Magazine) - The first shipment of Roundtable on Sustainable Palm Oil (RSPO) identity preserved (IP) certified sustainable palm oil has been delivered to China.
CPO FUTURES CLOSE LOWER ON WEAKER DEMAND
11/12/2024 (Bernama), Kuala Lumpur – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, weighed by weaker demand, a trader said.
CPO prices likely to stay buoyant in coming quarters
12/12/2024 (The Star Online), Petaling Jaya - Analysts mostly have upgraded the plantation sector to an “overweight” call with crude palm oil (CPO) prices likely to stay buoyant given anticipations of tighter global supply, low stock levels and increasing biodiesel demand in 2025.
