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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
CPO futures settles higher on positive sentiment
09/10/2023 (Malay Mail), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher today on positive sentiment, riding on the rising crude oil and soybean oil prices, palm oil trader David Ng said.
VEGOILS-Palm edges up as crude oil rally fuels biodiesel demand hopes
09/10/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures edged higher on Monday on hopes that biodiesel demand would increase following a rally in crude oil prices, but rising stocks capped the upside.
Cooking oil still going to Thailand
09/10/2023 (New Straits Times), Kota Baru - Malaysia's subsidised cooking oil, both bottled and in 1kg polybags, continue to be smuggled out of the country due to high demand from Thailand.
Cooking oil, ghee prices unchanged in Pakistan despite global drop
10/10/2023 (Ary News), Karachi - The prices of cooking oil and ghee remained unchanged in Pakistan despite a drop in the global market, ARY News reported on Monday.
Gov’t resorts to certification of palm oil producers to conserve environment
09/10/2023 (The Independent), Kampala, Uganda - The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has initiated a certification process for palm oil smallholder farmers.
Palm oil futures log 4.4% weekly loss on sluggish overseas demand
Malaysian palm oil futures closed lower on Friday, extending losses for a third straight session and posting a 4.4% weekly fall, as demand from top buyers India and China dropped.
Crisis looms as palm oil trees age
KALIMANTAN, Indonesia (BLOOMBERG) – Local farmers, regional governments and consumers across swaths in Southeast Asia are facing a crisis over maturing palm oil trees, some as tall as a 12-storey building, turning them into a multi-billion dollar headache.
Stocks, exports data to set direction for CPO futures next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is set to trade in cautious mode next week as investors await further clarity from the latest stocks and exports data.
Palm oil futures dip
NEW DELHI: Malaysian palm oil futures closed lower on Friday, extending losses for a third straight session and posting a 4.4% weekly fall, as demand from top buyers India and China dropped.
