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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
INDONESIA PLANS TO SET PALM OIL REFERENCE PRICE AT $826.58/T FOR NOV 16-30 –OFFICIAL
10/11/2022 (Successful Farming), Jakarta - Indonesia plans to set reference price of its crude palm oil at $826.58 per tonne for Nov. 16-30 shipments, Trade Ministry official Farid Amir said on Friday.
Enhanced palm oil production to help reduce edible oil imports
13/11/2022 (The Nation, Pakistan), Islamabad - Pakistan needs to focus on large-scale palm oil cultivation to lessen its reliance on edible oil imports and save a significant amount of foreign exchange.
First Resources reports 120.1% higher Q3 underlying net profit
14/11/2022 (The Business Times, Singapore) - PALM oil producer First Resources : EB5 +5.92% reported a 120.1 per cent surge in its underlying net profit for its third quarter ended Sep 30 to US$116.3 million from S$52.8 million in the equivalent period the year before.
Palm oil may retest support at 4,177 ringgit
10/11/2022 (Business Recorder), Kuala Lumpur - Palm oil may retest a support at 4,177 ringgit a tonne, a break below which could open the way towards 3,994-4,072 ringgit range.
Malaysia end-Oct palm oil stocks rise to three-year high
10/11/2022 (The Edge Markets), Kuala Lumpur - Malaysia's palm oil stocks at the end of October expanded for a fifth month to a three-year high as production improved, data from the nation's palm oil board showed on Friday.
CPO price could trend lower from 2Q23
10/11/2022 (The Star Online), Kuala Lumpur - The price of crude palm oil (CPO) is projected to stay above the RM4,000 per tonne level for the coming months and trend lower from the second quarter of 2023, said Hong Leong Investment Bank (HLIB) Research in its latest sector update.
CPO price likely to stay above RM4,000 until early 2023
10/11/2022 (Free Malaysia Today) - KUALA LUMPUR: Near-term supply concerns and price competitiveness will likely help crude palm oil (CPO) sustain a price above RM4,000 per tonne until the first quarter of 2023 (Q1 2023), according to Hong Leong Investment Bank (HLIB) Research.
CPO price to stay above RM4,000 per tonne in next few months: HLIB
10/11/2022 (New Straits Times) - KUALA LUMPUR: 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 palm's price competitiveness.
CPO stocks rise on higher production in October
10/11/2022 (The Star Online) - KUALA LUMPUR: Malaysia’s crude palm oil (CPO) stocks rose 2.63 per cent to 1.31 million tonnes in October 2022 from 1.28 million tonnes in the previous month on higher production, according to the Malaysian Palm Oil Board (MPOB).
