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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
CPO prices expected to remain bullish
Petaling Jaya - Despite the threat of a recession in major economies next year, crude palm oil (CPO) prices are expected to remain supported in the quarters ahead backed by factors like market access of rival edible oils from the Russia-Ukraine war region, Indonesia’s export policies as well as issues like fertiliser availability, labour shortages, and weather uncertainty.
Synthetic alternative could be solution to palm oil issue
Paris - PARIS: In nut butter spreads, chips, in instant stock cubes… Its use is so diverse that palm oil holds the title of most consumed oil in the world, far ahead of soybean oil, rapeseed oil and sunflower oil.
Palm oil falls 1.5% as COVID restrictions curb Chinese demand
Malaysian palm oil futures slid more than 1% on Tuesday, falling for the first time in three sessions, on concerns over tepid demand in key consumer China amid COVID-19 restrictions.
Palm oil falls 1.6% on Chinese demand concerns
Singapore - Malaysian palm oil futures slid more than 1% on Tuesday, falling for the first time in three sessions, on concerns over tepid demand in key consumer China amid COVID-19 restrictions.
Concerns about China demand drags CPO futures lower
KUALA LUMPUR (Nov 8): Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives retreated to end easier following concerns about China demand.
China’s Covid-restrictions may result in cheaper cooking oil
In a peculiarity of the international markets, the price of cooking oil may go down in Pakistan after China refused to ease covid related lockdown restrictions in the country.
Strategie Grains sees EU rapeseed area expanding further in 2023/24
Crop consultancy Strategie Grains expects the area sown with rapeseed in the European Union to expand next season after high prices encouraged farmers to sow more of the oilseed and crops started in good conditions.
Survey sees M'sian palm oil stock at 2.49 million tonnes at end-October, highest since April 2019
07/11/2022 (The Edge Markets), Kuala Lumpur - Malaysia’s palm oil inventory likely grew 7.5% month-on-month (m-o-m) to 2.49 million tonnes at end-October, its highest level since April 2019, due to recovering output.
CPO stockpiles to swell to three-year high as production increases
07/11/2022 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) stockpiles in Malaysia are likely to continue to swell to a three-year high as production in the world’s second-biggest grower increased, said CGS-CIMB Futures Sdn Bhd.
