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OILS & FATS
05-08-2024

On a steady, winning track

05/08/2024 (The Edge Malaysia) - Established in 1993, Sabah-based Innoprise Plantations Bhd (KL:INNO) is primarily involved in the cultivation of oil palms and processing of fresh fruit bunches (FFB) to produce crude palm oil (CPO) and palm kernel (PK). Its operations span 22,763ha in the Gunung Rara or Kalabakan area, with 54% currently being used for oil palm cultivation and 12% for industrial tree plantations.

OILS & FATS
05-08-2024

Vegetable oil trader sets eyes on Europe

05/08/2024 (Malaya Business Insight) - Vegetable Oils trader Ares Merchants Philippines Inc. (AMPI) targets to ramp up its export activities to support the country’s goal of strengthening the local coconut industry.

OILS & FATS
02-08-2024

Cpo Futures End Lower On Stronger Ringgit

01/08/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower as a stronger ringgit continued to weigh on palm oil prices, a dealer said.

OILS & FATS
02-08-2024

Palm oil falls for second session as firmer ringgit, rival oils weigh

01/08/2024 (Reuters), Jakarta - Malaysian palm oil futures dropped for a second consecutive session on Thursday as a stronger ringgit and weakness in rival vegetable oils weighed on the contract.

OILS & FATS
02-08-2024

Indonesia's palm oil DMO rule changes will not affect export ratio, official says

01/08/2024 (The Edge Malaysia), Jakarta - Indonesia's plan to revise domestic market obligation (DMO) rules for palm oil will not affect the DMO export ratio, a senior trade ministry official said on Thursday.

OILS & FATS
02-08-2024

Malaysian palm oil future drops on strong ringgit

01/08/2024 (Business Recorder), Jakarta - Malaysian palm oil futures fell and posted a second straight monthly drop on Wednesday despite strong July export as a stronger ringgit weighed down the price. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange lost 6 ringgit, or 0.15%, to 3,909 ringgit ($851.26) a metric ton at closing. The contract is down 0.18% for the month.

OILS & FATS
02-08-2024

Agency calls for removal of 10pc tax on crude palm oil

01/08/2024 (People Daily) - Manufacturers of vegetable oil now want the government to remove the 10 per cent duty on crude palm oil.

OILSEEDS
02-08-2024

Soybeans Slipping as Bean Oil Falls

01/08/2024 (Bar Chart) - Soybeans are feeling some pressure this morning as front months are down 4 to 6 cents at midday. September Soymeal futures are up $1.90/ton so far on the session. Soy Oil futures were are facing weakness, with September down 90 points.

OILS & FATS
01-08-2024

Palm oil drops on strong ringgit, posts second monthly fall

31/07/2024 (Reuters), Jakarta - Malaysian palm oil futures fell and posted a second straight monthly drop on Wednesday despite strong July export as a stronger ringgit weighed down the price

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