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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
TH Plantations 3Q Net Profit Rises To RM21.55 Mln
26/11/2024 (Bernama), Kuala Lumpur - TH Plantations Bhd's (THP) net profit for the third quarter (30) of 2024 rose to RM21.55 million from RM17.55 million last year.
Soyoil assumes power position as palm oil prices reach near-record premium -Braun
26/11/2024 (Reuters), NAPERVILLE, Illinois -Despite its status as the world's most plentiful vegetable oil, palm oil is no longer the cheapest, as supply concerns have pushed up prices by nearly 30% this year.
CPO FUTURES END THREE-DAY LOSING STREAK AMID STRONGER SOYBEAN OIL PRICES
25/11/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.
Palm rebounds on stronger rival oils
25/11/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures opened higher on Monday after three consecutive sessions of declines, buoyed by stronger rival vegetable oils.
Sarawak Plantation set for strong 4Q on rising CPO prices — analysts
25/11/2024 (The Edge Malaysia), Kuala Lumpur - Sarawak Plantation Bhd (KL:SWKPLNT) is expected to see a strong performance in the fourth quarter ending Dec 31, 2024 (4QFY2024) on the back of rising crude palm oil (CPO) prices and operational improvements, said analysts.
EUDR compliance a challenge for Thai palm oil
25/11/2024 (Food Navigator) - In Thailand, an unconventional palm oil supply chain makes traceability, and therefore EUDR certification, much more difficult.
US Biodiesel Prices Surge in November 2024
25/11/2024 (Chemanalyst) - The prices of Biodiesel witnessed a surge in the USA market in the week ending on 22nd November 2024. The Biodiesel prices were observed to show a bullish market trend after remaining stable for the past few weeks due to various reasons affecting the demand and supply dynamics of Biodiesel in the market.
Industry Body Urges Centre To Allow Futures Trading In Crude Palm, Soybean Oil
25/11/2024 (Business World) - The edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and crude soybean oil.
Indian farmers shift from rapeseed to other crops
25/11/2024 (Reuters) - Rapeseed and mustard planting in India is set to drop despite higher prices, as above-average temperatures during the sowing season prompt farmers to switch to crops less affected by heat and which offer equally good returns, industry officials told Reuters.
