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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
"CPO prices to spike on Russian move to suspend Russia-Ukraine grains corridor"
KUALA LUMPUR: Crude palm oil (CPO) prices are expected to spike in the near term as a knee-jerk reaction to Russia's move to suspend a humanitarian corridor to deliver key Ukrainian grains to global markets, hours before the agreement expires.
India’s June palm oil imports rise 56% to 3-month high – trade body
India’s palm oil imports jumped 56% to a three-month high in June, as buyers took advantage of a dip in prices to increase purchases, a leading trade body said.
Palm oil flat in rangebound trading, higher July exports underpin sentiment
Malaysian palm oil futures was little changed on Monday after trading in a tight range, with a surge in July exports so far underpinning the market.
VEGOILS-Palm oil extends gains for third session ahead of holiday
KUALA LUMPUR, July 18 (Reuters) - Malaysian palm oil futures firmed on Tuesday for a third consecutive session as traders squared up positions ahead of a public holiday.
Palm oil extends weekly gains on rival oil strength
17/07/2023 (Business Recorder), Singapore - Malaysian palm oil futures ended with a modest recovery on Friday and logged a third consecutive weekly gain as the strength in rival edible oils countered a firmer yen.
India’s June palm oil imports rise
16/07/2023 (Business Recorder), Mumbai - India’s palm oil imports jumped 56% to a three-month high in June, as buyers took advantage of a dip in prices to increase purchases, a leading trade body said on Friday. Imports rose to 683,133 metric tons in June, up from 439,173 metric tons in May as prices fell to their lowest in 28 months, the Mumbai-based Solvent Extractors’ Association of India (SEA) said in a statement.
The UK officially joins CPTPP, marks the first Malaysia-UK FTA
16/07/2023 (The Malaysian Reserve) - The United Kingdom (UK) today officially joined Malaysia and 11 other founding countries in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), marking the first free trade agreement (FTA) between Malaysia and the UK.
‘Importation of ‘banned’ Olien in guise of Palm Oil is economic sabotage’
16/07/2023 (The Guardian, Nigeria) - Stakeholders in the Oil Palm industry have raised concern over the importation of Olien – refined vegetable oil, prohibited by the Federal Government.
CPO futures likely to experience upward trend next week
15/07/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is anticipated to experience an upward trend in the coming week influenced by the prevailing positive sentiment due to the strengthened prices of crude oil and soybean oil.
