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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
CPO futures snap three-day losing streak to end higher
26/06/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives snapped three consecutive days of losses to end higher on Wednesday on prospects of weaker production in the coming weeks, said palm oil trader David Ng.
Centre allows duty concessions for corn, vegetable oil imports
27/06/2024 (Deccan Herald), Mumbai - India on Wednesday allowed limited imports of corn, crude sunflower oil, refined rapeseed oil, and milk powder under the tariff-rate quota (TRQ), where importers pay nil or lower duty, as New Delhi tries to bring down food inflation.
Spain eliminates sales tax on olive oil amid price spike
25/06/2024 (Anadolu Ajansı) - Spain announced on Tuesday that it will eliminate sales tax on olive oil, a key product of Spanish cuisine, after a massive price spike in recent years.
University of Hull catering team joins Hull and East Yorkshire sustainable palm oil champions
25/06/2024 (Hull Is This) - The University of Hull’s catering department are the latest organisation to sign up to The Deep’s campaign to make Hull and East Yorkshire a sustainable palm oil region.
Palm ends virtually unchanged after range-bound trade
24/06/2024 (Reuters), Beijing - Malaysian palm oil futures reversed early gains on Monday after range-bound trade to end flat as poor exports and continued weakness in competing edible oils weighed on the contract.
Malaysia set to sign trade agreement with China for palm oil and agricultural commodities
25/06/2024 (Oils & Fats International) - The Malaysian government is set to sign a trade agreement with China for palm oil and agricultural commodities later this year, The Star reported the country’s deputy Plantation and Commodities minister Chan Foong Hin as saying.
International Seminar on Sustainable Palm Oil Industry and Derivatives
25/06/2024 (World Echo), Islamabad - The International Seminar on the Sustainability of Palm Oil Industry and Derivative Products was held at the COMSTECH Auditorium in Islamabad.
JPG to benefit from higher palm oil prices
25/06/2024 (The Star), Petaling Jaya - Main-market bound Johor Plantations Group Bhd (JPG) is expected to see strong earnings growth this year on higher palm oil prices and fresh fruit bunch production and lower production costs.
Palm oil prices cool
26/06/2024 (The Western Producer), Saskatoon - Canada’s canola growers should not expect much price support from palm oil in 2024-25.
