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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
Malaysia warns uncertainties, volatility in palm oil market to persist in 2023
14/11/2022 (The Edge Markets), Kuala Lumpur - Malaysia's palm oil board on Monday (Nov 14) warned of a tough 2023 for the market for the world's most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year.
CHS sees ‘bullish’ demand in soybean oil for renewable diesel
13/11/2022 (lm Tribune), MANKATO, Minn. - Where the Blue Earth River empties into the Minnesota River, a plant has been crushing farmers’ soybeans since the 1930s.
FOCUS-New processors to reshape North Dakota's export-focused soy sector
14/11/2022 (Nasdaq),North Dakota - North Dakota's soybean industry is at the forefront of what could be a once-in-a-generation transformation in coming years, with two new processing plants set to open in 2023 and 2024 to meet rising domestic biofuel production.
Govt bats for GM mustard in SC: To make India self-sufficient in edible oil
13/11/2022 (Business Standard) - The Centre has told the Supreme Court that genetically modified (GM) mustard will contribute to Indias self-sustenance with respect to production of edible oil and it will go a long way in realising the vision of 'Aatmanirbhar Bharat'.
Soybean futures rise on China COVID curbs, weakening dollar
14/11/2022 (Hellenic Shipping News) - Chicago wheat, corn and soybeans rose on Friday, underpinned by strong commodities and equities markets, as well as hopes that China’s easing of COVID-19 restrictions could boost demand.
Soybean will continue a rally in the near-term; may hit Rs 6,200 a quintal
13/11/2022 (Economic Times) - Soybean Indore prices have shown a whopping 8% rally after the removal of stock limits on Oil and Oilseed for wholesale dealers and big retail chains, which was announced on November 01, 2022, and long demanded by the millers, crushers, and associations.
Palm oil rises on Nov export strength, higher Indonesian taxes
11/11/2022 (The Edge Markets) - Malaysian palm oil futures firmed on Friday (Nov 11), supported by a surge in early November exports and Indonesia's plan to raise its export tax reference price, although the contract was bound for a weekly loss.
CPO price seen to sustain
11/11/2022(The Star Online), Petaling Jaya - The crude palm oil (CPO) price will likely sustain at above RM4,000 per tonne over the next few months, supported by near-term supply concerns and price competitiveness.
Malaysian analyst cuts forecast for 2022 average crude palm oil price
11/11/2022 (Xinhua), Kuala Lumpur - Malaysian research house CGS-CIMB on Friday cuts its average crude palm oil (CPO) price forecast for 2022 to 5,122 ringgit (1,107 U.S. dollars) per tonne from 5,600 ringgit (1,211 dollars) per tonne.
