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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm slips over 1% on weaker soyoil, bearish MPOB data
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Higher CPO Price Pushes Profits For MKH Oil Palm
27/11/2024 (Business Today) - MKH Oil Palm (East Kalimantan) Berhad reported a stellar net profit of RM21 million on the back of revenue of RM90.59 million for its fourth quarter ended 30 Sep, 2024. Earnings per share (EPS) stood at 2.73 sen for the quarter.
CPO FUTURES END HIGHER, TRACKING FIRMER SOYBEAN OIL FUTURES ON CBOT
26/11/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday, tracking the stronger soybean oil market on the Chicago Board of Trade (CBOT), a trader said.
Plantation ministry sets sights on oil palm replanting across 77,000 hectares over next five years
26/11/2024 (Bernama), Kuala Lumpur - The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025–2029) to ensure the palm sector remains sustainable and competitive through the implementation of an oil palm replanting programme, specifically among smallholders.
IOI Corp 1Q25 profit surges on higher palm oil prices
27/11/2024 (The Star), Petaling Jaya - IOI Corp Bhd, whose net profit more than doubled in the first quarter ended Sept 30, 2024 (1Q25), expects a “satisfactory” performance for the remaining quarters of its financial year 2025 (FY25), supported by higher crude palm oil (CPO) prices and improving yields.
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.
