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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Malaysia palm oil output set for steep drop after Sabah floods
Palm oil extends gains on better demand from key buyers
29/05/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures rose for a second consecutive session on Wednesday, as demand from top buyers India and China and strength in rival Dalian contracts underpinned the market.
Oil extractors told to pay minimum THB4.50 per kg for palm fruit
29/05/2024 (The Nation) - The Internal Trade Department has instructed palm oil extraction plants to buy palm fruit from farmers at the rate of at least 4.50 baht per kilogram to prevent prices from falling.
Genting Plantations posts 10% rise in 1Q earnings on higher palm product prices
29/05/2024 (The Edge Malaysia), Kuala Lumpur - Genting Plantations Bhd (KL:GENP) reported on Wednesday a 10.37% increase in its first quarter net profit on higher palm product prices, which offset the impact of lower sales volume in the downstream manufacturing segment.
ICE Review: Canola Makes a Recovery
29/05/2024 (Market Screener), Manitoba - Intercontinental Exchange canola futures finished higher on Wednesday, due to positive spillover from other vegetable oils.
Amaggi receives green light for B100 biodiesel test
29/05/2024 (Power Progress) - Amaggi, a Brazilian commodities company reported to be the world’s largest producer of soybeans, has received the first authorisation from the national government to start testing of B100 biodiesel in a river vessel.
Prices For Sunflower Oil in Ukraine And World Growing Due To Limited Supply
29/05/2024 (Open4Business) - In May, Ukrainian traders contracted 620 tons of Ukrainian sunflower oil for export, which is showing very fast growth, but in July-August, the export rate may slow down, according to the analytical cooperative “Start”, created within the framework of the All-Ukrainian Agrarian Council (AAC).
FGV slips into red with RM13.49mil net loss in Q1
28/05/2024 (New Straits Times), Kuala Lumpur - FGV Holdings Bhd slipped into the red in the first quarter ended March 31, 2024 (1Q24) with a net loss of RM13.49 million from a net profit of RM12.09 million, dragged by lower profits across most divisions. Its quarterly revenue declined marginally by 1.09 per cent to RM4.54 billion from RM4.59 billion a year ago, on the back of lower average crude palm oil (CPO) price.
Palm snaps two-day slide to close over 2% higher
28/05/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose on Tuesday to close over 2% higher after two straight sessions of falls, as gains in rival Dalian and Chicago oils and an improving export outlook underpinned the market.
Malaysian Palm Oil Forum – Egypt 2024: strengthening trade ties
28/05/2024 (Zawya), Cairo - The Malaysian Palm Oil Forum (MPOF) Egypt 2024 officially opened today in Cairo, marking the second edition of this significant event aimed at enhancing the exports of Malaysian palm oil and its derivatives in the North African region.
