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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
Sarawak plantation owners want govt to review palm oil windfall profit levy
04/10/2023 (The Borneo Post), Kuching - It is imperative for the government to review the current policy of imposing the windfall profit levy on palm oil, said the Sarawak Oil Palm Plantation Owners Association (Soppoa).
Govt aims to triple palm oil production by 2030
04/10/2023 (Financial Express) - The government is aiming to increase domestic palm oil production from current level of 0.35 million tonne (MT) to a MT by 2030 under the national oil palm mission through adding at least 0.1 million hectare (MH) of new plantation annually in the five to six years, according to a leading industry official.
3F Oil Palm signs Rs 550 crore pact with Andhra for plantation, processing
05/10/2023 (Business Standard) - Palm oil company 3F Oil Palm on Wednesday said it has inked an agreement with the Andhra Pradesh government to invest Rs 550 crore over next five years for oil palm plantation, development and processing.
Plans to expand B10 programme, slash windfall tax lift CPO futures higher
04/10/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended modest gains on Wednesday due to the government’s plan to expand the B10 biodiesel programme and its proposal to reduce the windfall levy.
VEGOILS-Palm ends higher for second session on stronger rival oils
04/10/2023 (Nasdaq), New Delhi - Malaysian palm oil futures closed higher on Wednesday, extending gains to a second session after two days of losses, supported by stronger rival oils.
Malaysia's end-September palm oil stocks seen at 11-month high on rising output
04/10/2023 (Channel News Asia), Jakarta - Malaysia's palm oil stocks at the end of September likely rose to the highest since October 2022, amid higher output despite increased exports, a Reuters survey showed on Wednesday.
World's biggest palm oil exchange sets sights on soyoil futures
MUMBAI (Oct 3): Bursa Malaysia Derivatives Exchange (BMD), known for offering the most liquid crude palm oil futures in the world, is planning to launch soyoil futures in the first quarter of the next year, a senior exchange official said.
Indonesia 2023 palm oil output seen up 5% y/y -GAPKI
Indonesia’s Palm Oil Association (GAPKI) expects a 5% increase in the country’s output of the commodity thisyear and sees stocks at around 3.2 million metric tons by the year’s end, secretary general M. Hadi Sugeng told reporters on Tuesday.
Oil palm planters need to raise yields to combat production cost hike, say CIMB’s Ng
KUALA LUMPUR (Oct 3): Malaysian oil palm planters should focus on improving production yields by accelerating replanting activities to help offset the cost hikes, according to CIMB Investment Bank Bhd plantation analyst Ivy Ng Lee Fang, who is also the head of research.
