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CPO prices seen at RM4,400-RM4,600 on tighter supply
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
Palm slips over 1% on weaker soyoil, bearish MPOB data
VEGOILS-Palm oil dips as Indonesia sets lower export tax
17/10/2022 (Nasdaq), Jakarta - Malaysian palm oil futures opened lower on Monday, shedding gains from the previous session, as rival Indonesia set lower palm oil export tax for the second half of October.
Making Sabah a global oil palm heavyweight
17/10/2022 (Daily Express) - A POLICY initiative will be put in place to protect the resilience of the palm oil sector and set Sabah up as a global leader in sustainable palm oil, said Chief Minister Datuk Seri Hajiji Noor.
Palm rises for second day on U.S. soyoil strength
18/10/2022 (Hellenic Shipping News) - Malaysian palm oil futures recovered from early losses on Monday to close higher for a second straight session, as stronger U.S. soyoil lent support amid disappointing export data.
Palm oil may retrace towards 3,707 ringgit
17/10/2022 (Business Recorder), Singapore - Palm oil may retrace towards a support at 3,707 ringgit per tonne, following its failure to break a resistance at 3,858 ringgit.
Sunflowers, war and drought: Why the price of margarine and butter spiked 32%
17/10/2022 (CNBC) - Cue the collective gasp of chefs, bakers and foodies: Food prices are up considerably — but none more so than for butter and margarine.
Analysis: Indonesia's defences start crumbling against relentless dollar
17/10/2022 (Reuters), Singapore - Indonesia's currency is tumbling and foreign money in its bond markets is heading for the exits, stoking fears that Southeast Asia's largest economy is finally starting to crack after months of remarkable resilience against global headwinds.
India cuts base import price of palm oil, gold
15/10/2022 (Reuters), Mumbai - India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement on Friday, as prices corrected in the world market.
Palm ends nearly 5% higher on Black Sea supply disruption concerns
14/10/2022 (Hellenic Shipping News) - Malaysian palm oil futures rallied as much as 6.3% on Friday, as Russia’s threats to pull out of an agreement on Black Sea grain exports and heavy rains in Malaysia raised concerns over global edible oil supply.
Palm oil may rise into 3,824-3,919 ringgit range
14/10/2022 (Business Recorder), Singapore - Palm oil is poised to break a resistance at 3,754 ringgit per tonne, and rise into a range of 3,824-3,919 ringgit.
