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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
Ringgit up for 2nd consecutive day
27/10/2022 (The Malaysian Reserve) - THE ringgit closed higher against the greenback for the second consecutive day as weaker US consumer data lifted hopes that the US Federal Reserve (Fed) would soften its monetary stance of aggressive interest rate hikes.
Cover Story: Revisiting interest schemes
27/10/2022 (The Edge Markets) - AGRICULTURE-related interest schemes have been getting bad publicity as media reports of possible scams perpetrated on investors in such schemes emerged. It has not helped that a number of such schemes have failed.
WTK buys plantation firm, oil palm mill in Sarawak for RM250 mil
27/10/2022 (The Edge Markets), Kuala Lumpur - WTK Holdings Bhd is buying a plantation company and palm oil mill in Sarawak for a total of RM250 million in a related party transaction (RPT).
Facts About The Africa Palm Oil Initiative (APOI) & The Evolution And Expansion To The Africa Sustainable Commodity Initiative (ASCI)
27/10/2022 (Africa.com) - Globally, 1.6 billion people depend on forests for their jobs and livelihoods, while in many African countries 50–60% of the population work in agriculture. However, the Food and Agriculture Organization (FAO) estimates that the rate of deforestation between 2015 and 2020 was 10 million hectares per year; with agricultural commodities such as palm oil, rubber and cocoa being one of the leading drivers.
Palm rebounds to catch up with U.S. soyoil prices
28/10/2022 (Hellenic Shipping News) - Malaysian palm oil futures rose on Thursday, narrowing a gap with U.S. soyoil after recent rallies, while higher crude oil prices also lent support.
Sime Darby Plantation aims for higher oil yield
26/10/2022 (The Star Online), Petaling Jaya - Sime Darby Plantation Bhd’s GenomeSelect (GS) seeds offer a promising future for the group, even though they are still in its nascent stages.
Downgrade pressure on plantation sector has stabilised, says Bursa's research arm
26/10/2022 (The Edge Markets), Kuala Lumpur - The downgrade pressure on the plantation sector as tracked by the Bursa Malaysia Plantation Index appears to have stabilised following the sector's recent rebound.
Ringgit up against US dollar for second consecutive day
26/10/2022 (The Edge Markets), Kuala Lumpur - The ringgit closed higher against the greenback for the second consecutive day on Wednesday (Oct 26), as weaker US consumer data lifted hopes that the US Federal Reserve (Fed) would soften its monetary stance of aggressive interest rate hikes.
Bursa gets boost from election, Wall Street's rally
26/10/2022 (News Straits Times), Kuala Lumpur - Bursa Malaysia rebounded to trade higher on Wednesday, with buying interest sparked by election play and the Wall Street's rally after a slew of stronger-than-expected corporate earnings.
