|
CPO Futures End Higher On Firmer Oil Prices, Rival Vegetable Oil Futures
CPO prices to hold around RM4,400 per tonne in June 2026 - MPOC
SGX-listed palm oil players under pressure as Indonesia’s commodity export overhaul stokes fears
Palm oil outlook firm on supply tightening
Palm gains higher on Dalian, surveyors’ export data
Malaysian palm oil futures closed up for the second straight session on Thursday, supported by the strength in Dalian’s market and the released surveyors’ export data
Malaysian palm oil up
Malaysian palm oil closed up on Wednesday after Indonesia’s reaffirmation to raise its palm oil export levy, although Malaysia’s weaker production data has capped gains
Nigeria’s palm oil sector to reap from global market in H1
A recent report by Cardinal Stone Research highlights a rise in global CPO supply to 79.5 million metric tons (MMt) in 2024/25, up from 76.2 MMt in 2023/24, largely driven by favorable weather conditions
CPO FUTURES END MOSTLY HIGHER ON EXPECTATIONS OF LOWER OUTPUT
The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed mostly higher on Thursday, tracking expectations of lower output incoming weeks due to the current flood situation in Johor, said palm oil trader David Ng.
Malaysian palm oil exports fall: ITS
18/03/2025 (Fastmarkets) - Malaysia’s palm oil exports during March 1-15 totalled 381,790 tonnes compared with 422,425 tonnes the preceding month due to lower purchases from key destination markets, according to figures from cargo surveyor Intertek Testing Services (ITS).The figure excludes shipments of soft oils, coconut oils and used cooking oil (UCO), with the volume down by 10%, or 40,635 tonnes, from the February 1-5 period.
Tariff Commission recommends extending duty exemption on edible oils
20/03/2025 (TBS News) - The Bangladesh Trade and Tariff Commission (BTTC) has recommended increasing the import duty exemption period on all types of edible oils such as soybean, palm oil, sunflower and canola till 30 June to maintain normal supply and keep prices stable before Eid-ul-Fitr and Eid-ul-Azha.
70% of ‘Made in Mozambique’ edible oil, flour and sugar are fortified
19/03/2025 (Club of Mozambique) - At least 70% of corn and wheat flour, edible oil and sugar produced in Mozambique are fortified, which ensures a healthier diet, especially for the low-income population.
CPO Futures End Higher on Stronger Soybean Oil Prices
19/03/2025 (Bernama) - The crude palm oil (CPO)futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, reversing earlier losses amid stronger soybean oil prices, said palm oil trader David Ng.
Indonesia to raise palm oil export levy
19/03/2025 (Reuters), Jakarta - Indonesia will raise its palm oil export levy to between 4.5% and 10% of the crude palm oil reference price, up from 3% to 7.5%, to finance a mandated increase in the amount of the oil used in biodiesel, a plantation fund official said on Tuesday.
