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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Brazilian soybean exports seen falling due to B14 mandate
In Brazil, Reuters reports that will the expected increase in the biodiesel mandate to 13% from March 2024, soybean exports are expected to fall as the additional biodiesel volumes will require 5 million metric tons of soybeans.
Local edible oil refiners turn to soy-crushing
Bangladesh's cooking-oil refiners are moving towards becoming value-added producers by establishing soybean-crushing plants locally, producers and insiders said on Monday
Malaysian palm oil futures down
NEW DELHI: Malaysian palm oil futures fell for a fifth consecutive week as demand dropped ahead of a long holiday season, but higher crude oil prices limited losses.
Cut in customs duty on edible oil imports extended by a year
New Delhi, Dec 22 (SocialNews.XYZ) The Central government has extended the reduced customs duty applicable to edible oil imports by a year in order to keep prices in check.
CPO futures likely to see profit-taking next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to see profit-taking next week, with prices expected to move between RM3,400 and RM3,500 per tonne.
Lower edible oil import duty to stay till March 31, 2025
The government on Friday extended the lower import duty structure for palm, soyabean and sunflower oils by a year till March 31, 2025, which the industry says may adversely impact processing and prices of domestic oilseeds.
CPO spot prices likely to average lower in 2024
Kuala Lumpur: Fitch Ratings expects Malaysian benchmark crude palm oil (CPO) spot prices to average at US$650 per tonne in 2024, substantially lower than circa-US$840 per tonne in 2023 due to higher supply.
Palm extends gains after raising of biodiesel mix
21/12/2023 (The Star Online), New Delhi - Malaysian palm oil futures rose yesterday, a day after Brazil decided to raise its mandatory biodiesel mix into diesel.
CPO futures ends higher for third consecutive day
20/12/2023 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher for the third consecutive day on concern over production issues in the coming weeks, a dealer said.
