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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Malaysian palm oil gains
17/08/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures ended higher on Tuesday as the ringgit hit its lowest in five-and-a-half years, making the vegetable oil cheaper for buyers holding other currencies.
KLK delivers robust 3Q financial performance
17/08/2022 (The Star Online) - Kuala Lumpur Kepong Bhd (KLK) expects weaker palm oil prices, supply chain disruptions and inflationary pressures from higher priced fuels, fertilisers and agrochemicals to impact its plantation and manufacturing segments in the fourth quarter (4Q) after posting strong 3Q financial results.
KL Kepong posts 29pct lower net profit in Q3
17/08/20222 (New Straits Times) - Kuala Lumpur Kepong Bhd's (KLK) net profit decreased 28.8 per cent to RM558.27 million in the third quarter (Q3) ended June 30, 2022 from the RM783.94 million recorded in the same quarter a year ago.
Bursa extends gains to open higher
17/08/2022 (The Edge Markets), Kuala Lumpur - Bursa Malaysia extended Tuesday’s gains to open higher on Wednesday (Aug 17), driven by continued buying interest in selected heavyweights, amid cautious sentiment in regional markets, dealers said.
Palm oil futures extend gains amid strength in rival soybean oil
18/08/2022 (The Star Online), Petaling Jaya - Palm oil climbed for a second straight day as a gain in rival soybean oil prices boosted the tropical oil’s appeal.
MPOC wraps up resounding Palm Oil Trade Fairs and Seminar in the Philippines
18/08/2022 (The Edge Market), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) has concluded its Palm Oil Trade Fairs and Seminar (POTS) in the Philippines (POTS Philippines 2022) on Wednesday (Aug 17).
CPO futures close slightly higher on Aug 17
18/08/2022 (The Edge Markets) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed marginally higher on Wednesday (Aug 17), in line with gains in soybean oil prices, a dealer said.
