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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
US-IRAN ESCALATION KEEPS OILPRICES FIRM, LIFTS PALM OIL OUTLOOK—MPOC
CPO futures end higher for third consecutive day in line with CBOT
07/02/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the third consecutive day on Wednesday in line with the Chicago Board of Trade (CBOT) soybean oil market gains.
KPK: Stern action against sales of products with discriminatory palm oil labelling
07/02/2024 (The Sun), Putrajaya – The Ministry of Plantations and Commodities (KPK) will take stern action against any party involved in discriminatory or negative labelling of palm oil.
Planters’ 4Q23 earnings forecast to decline
08/02/2024 (The Star Online), Petaling Jaya - The earnings of plantations companies will be on the back foot for the final quarter of 2023 (4Q23) due to weaker crude palm oil (CPO) prices during the period.
India’s January palm oil imports hit 3-month low
05/02/2024 (Free Malaysia Today), Mumbai - India’s palm oil imports fell to a three-month low in January, as refiners increased buying of rival soyoil due to negative refining margins for crude palm oil (CPO), five dealers told Reuters on Monday.
PREVIEW-Malaysia palm oil stocks likely fell three straight months to end-January
05/02/2024 (Nasdaq), Jakarta - Malaysia's palm oil stocks likely fell for three straight months to the end of January, in line with seasonal low production in the world's second biggest palm oil producer, a Reuters survey showed on Monday.
Palm oil closes higher on output concerns
06/02/2024 (Hellenic Shipping News) - Malaysian palm oil futures reversed early losses and snapped a four-session losing streak to close higher on Monday, with concerns of lower January output and a weaker ringgit underpinning the market.
Why economists get their forecasts wrong?
05/02/2024 (The Jakarta Post) - Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.
Biofuels Center Plate at Bacon Brunch
05/02/2024 (Brown Field) - Indiana agricultural organizations prioritized the need for a state biofuel tax incentive during Monday’s Bacon Bar and Brunch with lawmakers at the statehouse.
Ramadan supplies ample, yet no hope for price fall
04/02/2024 - (The Business Standard) - Global commodity prices have fallen and traders have also built good stocks of sugar, dates, edible oil, pulses, chickpeas and onions for Ramadan market, but there is no good news for local consumers. Prices are unlikely to decrease as traders argue the dollar crisis and the Red Sea conflict have made their imports costlier.
