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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
Foreign exchange from Indonesia's palm oil industry reached US$39.28 billion in 2022
05/03/2023 (WAM), Jakarta - The palm oil and derivative products industry would still serve as a crucial pillar of the national economy, Vice President Ma'ruf Amin stated.
M'sia-Thailand CPOPC negotiations to be finalised after Thai election - Fadillah
04/03/2023 (The Sun Daily), Kuching - Malaysia will finalise the negotiations with Thailand to become a member of the Council of Palm Oil Producing Countries (CPOPC) after Thailand completes its general election, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Fadillah: S’wak needs to meet certain conditions before allowed to bring in foreign workers
04/03/2023 (The Borneo Post), Kuching - Sarawak is still facing some problems with bringing in workers from Indonesia due to certain conditions that need to be met, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
Fitch Solutions sees palm oil prices falling to RM2,200/tonne in 2027
KUALA LUMPUR (March 2): Fitch Solutions Country Risk and Industry Research has held unchanged its near-term palm oil price forecasts of annual averages of RM3,800/tonne through 2023, with upside risks, and RM3,400/tonne through 2024.
Top palm oil buyer India's Feb imports fall to 8-month low, say dealers
MUMBAI, March 2 (Reuters) - India's February palm oil imports dropped 30% from January to their lowest in 8 months as refiners preferred to lower their stocks as inventories piled up following excessive imports during October-January, five dealers told Reuters on Thursday.
Indonesia wants crude palm oil exports to be routed via exchange from June
INDONESIA, the world’s biggest palm oil exporter, plans to require crude palm oil exports to go through a futures exchange in order to create the country’s own benchmark price, the head of its commodity futures regulator said on Thursday (Mar 2).
B35 Policy Contributes to Rise in CPO Reference Prices
TEMPO.CO, Jakarta - The Indonesian Trade Ministry announced that the reference price for crude palm oil (CPO) products (March 1-15) had increased to US$889.77 per metric ton, which is an increase of US$9.74 (1.11 percent) compared to the previous period.
Palm oil ends at highest since Nov on flooding woes
KUALA LUMPUR: Malaysian palm oil futures jumped to a more-than-three-month peak on Thursday, underpinned by flooding woes, a weaker ringgit, and as traders assessed the impact of India’s removal of duty-free import quotas for sunflower oil.
Argentina soy crop estimate to be cut again, says major exchange
BUENOS AIRES, March 2 (Reuters) - The Buenos Aires grains exchange said on Thursday it plans to cut its estimate for Argentina's soybean crop for the 2022/23 cycle for the fourth time as the country struggles with the ongoing impact of drought and high temperatures.
