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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm retreats from 21-month high on stock outlook, weak exports
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Kenya hosts Malaysian Palm Oil Forum 2023
Kenya has hosted this year’s Malaysian Palm Oil Forum, which aims to establish strong relationships that enhance business opportunities between Malaysian palm oil suppliers and their buyers.
S’wak ministry projected to produce 600,000mt of animal feed from palm oil this year
KOTA SAMARAHAN (July 5): The Sarawak Ministry of Food Industry, Commodity and Regional Development is projected to produce 600,000 metric tonnes of animal feed from palm oil a year, said its minister Dato Sri Dr Stephen Rundi.
Palm oil little changed in anticipation of better exports
KUALA LUMPUR: Malaysian palm oil futures reversed early gains on Wednesday after trading in a tight range, as traders weighed a forecast for a jump in June inventories against expectation for a recovery in July exports.
South American soybean oil FOB basis drops to record low
Soybean oil port differentials in South American markets have plunged to historic lows amid quiet demand from destinations and soaring Chicago Board of Trade futures.
EU soybean imports down 10% in 2022/23, rapeseed up 33%
European Union soybean imports in the 2022/23 season that ended on June 30 reached 13.02 million metric tons, down 10% from the 14.54 million tons imported in the 2021/22 season, European Commission data showed on Tuesday.
India’s June palm oil, soyoil imports jump on lower prices-dealers
India’s June palm oil imports jumped 49% from the previous month to their highest in three months as buyers took advantage of a dip in prices to their lowest in 28 months to increase purchases, six dealers told Reuters.
VEGOILS-Palm oil rebounds on fears of rising June stocks
KUALA LUMPUR, July 5 (Reuters) - Malaysian palm oil futures ticked up on Wednesday, rising for a third time in the past four sessions, on concerns over a build-up of June inventories in the world's second-largest producer amid slow exports.
India's June palm oil, soyoil imports jump on lower prices-dealers
A rebound in buying by the world's biggest vegetable oil importer would support Malaysian palm oil futures and help top producers Indonesia and Malaysia to trim inventories.
Weather key to near-term price recovery for CPO
PETALING JAYA: The weather developments from July to August are key to near-term fresh price recovery for crude palm oil (CPO) prices, says Maybank Investment Bank (Maybank IB) Research.
