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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
Anticipation of higher stocks to weigh on CPO
10/07/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower this week given the expectation of higher stocks and muted demand.
Malaysia end-June palm oil stocks rise slower than expected as output falls
10/07/2023 (Nasdaq), Kuala Lumpur - Malaysia's palm oil inventories rose at the end of June but at a slower than expected pace, as production declined and exports jumped, data by the nation's palm oil board showed on Monday.
Ministry, RSPO agree to boost capacity of oil palm farmers
11/07/2023 (Antara News), Jakarta - The Ministry of Cooperatives and Small and Medium Enterprises (SMEs) and the Roundtable on Sustainable Palm Oil (RSPO) have signed a memorandum of understanding (MoU) to strengthen small farmers' capacity to accelerate the implementation of sustainable palm oil in Indonesia.
VEGOILS-Palm oil set to rise on smaller-than-expected stocks, higher July exports
10/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures ticked up on Monday after trading in a tight range, with data showing a surge in July exports and a slower rise in June inventories likely to further support prices.
VEGOILS-Palm oil trades in tight range ahead of key data
10/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures traded in a tight range on Monday ahead of key data, with concerns of higher June inventories weighing on the market.
Rationalising distribution of subsidised cooking oil will solve shortages in future, says Salahuddin
09/07/2023 (The Star Online), Kota Kinabalu - The Domestic Trade and Cost of Living Ministry will initiate a rationalisation process in the allocation of subsidised cooking oil or quota for cooking oil to overcome future shortages in the market.
Cooking oil: Why consumers will pay more
09/07/2023 (The East African) - It will take longer – if at all – for consumers in the region to enjoy a drop in retail prices of edible oils following the decision by Kenya to impose a 25 percent duty on crude palm oil.
MPOC: Malaysia’s palm oil exports to EU-27 to surpass 1.5 million tonnes
07/07/2023 (Malay Mail), Kuala Lumpur - Malaysia’s palm oil exports to the European Union 27 member states (EU-27) is projected to surpass 1.5 million tonnes in 2023, said the Malaysian Palm Oil Council (MPOC).
Current CPO price is fair for producers, customers – MPOB
06/07/2023 (The Star Online), Bangi - The current price for crude palm oil (CPO) is a good balance for both producers and customers, the Malaysian Palm Oil Board (MPOB) chairman Mohamad Helmy Othman Basha said.
