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CPO price forecast to climb for rest of the year
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Malaysian palm oil extends losses amid China tariff fears, weak demand
Indonesia sets May 16-31 crude palm oil reference price at $893.23/t
JAKARTA: Indonesia set its crude palm oil (CPO) reference price at $893.23 per tonne for the period of May 16-31, a trade ministry decree published on Monday showed.
Palm oil still targets 3,707 ringgit
SINGAPORE: Palm oil still targets 3,707 ringgit per tonne, as it has stabilised around a support of 3,563 ringgit. The support is identified as the 50% retracement of a five-wave cycle from 3,288 ringgit.
M’sian palm oil firms not hiring from Bangladesh
KUALA LUMPUR: Some of Malaysia’s largest palm oil producers are not hiring workers from Bangladesh because of concerns over exploitative practices during recruitment, companies and labour consultants say.
India's April palm oil imports slump to 14-month low
(The Jakarta Post) - India's palm oil imports in April slumped 30 percent from a month earlier to hit a 14-month low, as the premium over rival soft oils prompted buyers to shift to sunflower oil and soyoil, a trade body said on Friday.
India imported 1.5 million tonnes of palm oil from M’sia over last six months
NEW DELHI: India imported more than 1.5 million tonnes of palm oil from Malaysia over the last six months.
Potential in fundamentally sound plantation counters
KUALA LUMPUR: There may still be opportunities to accumulate fundamentally sound plantation counters that have benefited from the high crude palm oil (CPO) prices in the past one year, says UOB Kay Hian (UOBKH) Research.
From palm oil waste to cellulosic ethanol: Indonesia’s opportunity (commentary)
Indonesia’s biofuel program was supposed to be a boon for small farmers. But although the country’s biodiesel production has skyrocketed, many farmers complain that the program hasn’t benefited them. Farmers are still struggling to become part of the biodiesel supply chain, which is dominated by large palm oil firms.
COLUMN-Funds pause CBOT grain selling ahead of USDA data -Braun
NAPERVILLE, Illinois, May 14 (Reuters) - Speculators made relatively minor changes to their Chicago grain and oilseed positions before the large U.S. government data release on Friday, which gave way to some multi-month or multi-year lows across the board.
CPO production to rise starting May: Affin Hwang Investment
11/05/2023 (New Straits Times), Kuala Lumpur - Affin Hwang Investment Bank Bhd said production of crude palm oil (CPO) in Malaysia will rise starting in May and maybe reach a peak in September or October of this year.
