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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
Palm oil closes near 3-week high on production concerns
KUALA LUMPUR: Malaysian palm oil futures on Monday closed at their highest in nearly three weeks on concerns over output, following flooding in the world’s second largest producer.
Indonesia assures B35 biodiesel won't squeeze cooking oil supply
JAKARTA, Jan 31 (Reuters) - Indonesia's chief economic minister on Tuesday assured no disruption in domestic cooking availability when a higher blend of palm oil-based fuel in biodiesel is launched on Feb. 1, seeking to allay concerns over supply and prices.
Palm oil may test support at 3,888 ringgit
SINGAPORE: Palm oil may test a support at 3,888 ringgit per tonne, a break below could open the way towards 3,796 ringgit. The current bounce is expected to be much weaker than the first one from the Dec. 12, 2022 low of 3,721 ringgit.
MPOB's advanced biotech centre gets Mahathir Science Award 2022
BANGI: The Advanced Biotechnology and Breeding Centre (ABBC) of the Malaysian Palm Oil Board (MPOB) has been announced as the Mahathir Science Award 2022 recipient under the category of Tropical Natural Resources.
Better CPO prices for KLK, IOI Corp in 4Q2022 amid aggressive forward selling activities — RHB
KUALA LUMPUR (Jan 31): Kuala Lumpur Kepong Bhd (KLK) and IOI Corp Bhd are among the plantation companies that should be able to recognise better crude palm oil (CPO) prices than their peers for the fourth quarter of 2022 (4Q2022), as they undertook more aggressive forward-selling activities, according to RHB Investment Bank Bhd.
Egypt's GASC buys 35,000 tonnes of vegetable oils in tenders
CAIRO, Jan 31 (Reuters) - Egypt's state grains buyer, the General Authority for Supply Commodities, has bought 35,000 tonnes of vegetable oils in international and local tenders, it said on Tuesday.
B35 Program to disburse 13.15 million kiloliters of biodiesel
Jakarta (ANTARA) - The mandatory Biodiesel 35 (B35) program is expected to distribute 13.15 million kiloliters of biodiesel this year, Deputy for Food and Agribusiness at the Coordinating Ministry for Economic Affairs Musdhalifah Machmud stated.
Palm drops 3% as Indonesia keeps domestic sale rule
KUALA LUMPUR: Malaysian palm oil futures slid 3% on Tuesday, ending a three-day climb as Indonesia maintained its domestic sales rule and traders fretted about slow export demand.
VEGOILS-Palm climbs for third day as production seen hit by floods
29/01/2023(Nasdaq), Kuala Lumpur - Malaysian palm oil futures extended gains on Monday for a third consecutive session, underpinned by worries that floods would hurt output in the world's second largest producer.
