Latest News

OILS & FATS
08-08-2024

Palm oil surrenders early gains on weaker rival contracts

07/08/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures gave up early gains onWednesday to extend losses to a third session, as weaker rivals Dalian and Chicago contracts weighed on the market.

OILS & FATS
08-08-2024

CPO futures end mixed on output concerns, higher crude oil prices

07/08/2024 (New Straits Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mixed on Wednesday as concerns over higher output weighed on prices despite higher crude oil prices, dealers said.

OILS & FATS
08-08-2024

Indonesia begins testing to prepare 'B50' palm oil biodiesel mandate

07/08/2024 (The Edge Malaysia), Jakarta - Indonesia is carrying out tests ahead of plans by the incoming government to increase the palm oil-based biodiesel blending mandate to 50%, from 35% now, a government official said, raising industry concerns over supplies for exports.

WORLD
08-08-2024

Interactive Brokers adds listed derivatives on Bursa Malaysia

07/08/2024 (Finance Feeds) - Interactive Brokers has opened access to listed derivatives on Bursa Malaysia, which has been actively promoting growth and participation from retail investors, especially the younger generation.

OILS & FATS
08-08-2024

Open Source AI Model Accurately Predicted Olive Oil Prices

07/08/2024 (Olive Oil Times) - Olive oil prices around the world have reached historic highs due to poor harvests caused by drought and high springtime temperatures in key producing countries, most notably Spain.

OILS & FATS
07-08-2024

CPO Futures End Lower Amid Weaker Soybean Oil Market, Production Concerns

06/08/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to end on a low note on Tuesday due to weakness in the Chicago soybean oil market, said palm oil trader David Ng.

OILS & FATS
07-08-2024

Palm oil falls to 7-month low on weaker rival Dalian, Chicago contracts

06/08/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures extended losses for a second session on Tuesday to close at their lowest in seven months, as weakness in rival Dalian and Chicago contracts weighed.

OILS & FATS
07-08-2024

Can Artificial Intelligence Help Palm Oil In Colombia?

06/08/2024 (Forbes) - Researchers in Colombia are using deep learning models to predict the ripeness of oil palm fruit, helping to increase efficiency.

OILSEEDS
07-08-2024

Soybean Bulls Get Little Help from Improving Condition Ratings

06/08/2024 (Barchart) - Soybean bulls couldn’t manage to pull out strength on Tuesday, as price action turned around from Monday’s gains, with losses of 12 to 16 cents. Soymeal futures were down $8.20/ton in the September contracts, with August down $12.70/ton. Soy Oil futures were down 17 to 26 points.

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