|
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
Palm falls over 3pc
12/10/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures slumped on Tuesday, ending a seven-day rally due to higher end-September stocks and slowing early October exports.
Palm oil's widening discount to soy oil expected to boost fourth-quarter demand
11/10/2022 (The Edge Markets), Mumbai - Global palm oil purchases are rising this quarter, as buyers take advantage of the tropical oil's widening discount to rival soy oil, which should entice price-sensitive consumers and boost biofuel usage, according to senior industry officials.
Malaysia end-Sept palm oil stocks hits highest in nearly three years
11/10/2022 (The Edge Markets) - Malaysia's end-September palm oil inventories ballooned to the highest in nearly three years, as a pickup in production offset strong exports, data from the nation's palm oil board showed on Tuesday (Oct 11).
Higher palm oil prices augur well for Kim Loong
11/10/2022 (The Star Online), Petaling Jaya - Following record earnings in the second quarter ended July 31, 2022 (2Q), Kim Loong Resources Bhd expects a better financial year 2023 (FY23) on the back of higher palm oil prices and improving fresh fruit bunch (FFB) production.
High inventory weigh down CPO futures prices on Oct 11
12/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives snapped last week’s winning streak and finished easier on Tuesday (Oct 11), after an official crop report showed that the inventory level is high, palm oil trader David Ng said.
MPOB: CPO stocks rises 24.76% in September 2022
11/10/2022 (The Star Online), Kuala Lumpur - Malaysia’s crude palm oil (CPO) stocks for September 2022 rose 24.76 per cent to 1.28 million tonnes from 1.03 million tonnes recorded in the previous month, according to the Malaysian Palm Oil Board (MPOB).
Palm oil may rise to 3,919-4,008 ringgit range
11/10/2022 (Business Recorder), Singapore - Palm oil may rise to a range of 3,919 ringgit to 4,008 ringgit per tonne, as it has broken a falling trendline and the upper trendline of a small wedge.
Palm falls over 3%, end 7-day rally on higher inventory
11/10/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures slumped on Tuesday, ending a seven-day rally due to higher end-September stocks and slowing early October exports.
10/10/2022 (Business Recorder), Singapore - Palm oil may rise to a range of 3,919-4,008 ringgit per tonne, as it has broken a falling trendline and the upper trendline of a small wedge.
