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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
Palm closes at highest in nearly two weeks on weather worries
Malaysian palm oil futures rose on Thursday for a sixth session and their highest close in nearly two weeks, buoyed by concerns over wet weather and by a rally crude oil prices.
Moderate showing seen for CPO this month
Crude palm oil (CPO) prices are expected to trade between RM3,500 and RM4,000 per tonne this month, as bearish stock levels are matched by fears over the monsoon season impacting production levels in the final quarter of the year.
Malaysia's end-Sep palm oil stocks seen hitting near three-year peak
05/10/2022 (Channel News Asia), Kuala Lumpur - Malaysia's palm oil inventories at end-September likely swelled to their biggest in nearly three years amid peak production season, a Reuters survey showed on Wednesday (Oct 5).
Malaysian palm oil stockpiles highest in three years
05/10/2022 (Free Malaysia Today), Petaling Jaya - Palm oil inventories in Malaysia likely climbed to their biggest in nearly three years after rising production in the world’s second-largest grower outpaced a recovery in export demand.
CPO futures continue positive momentum for fifth day
05/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives continued its rally to close higher, tracking gains in both soybean oil on the Chicago Board of Trade (CBOT) and the crude oil market.
Malaysia Palm Oil Stockpiles May Surge to Largest in Three Years
05/10/2022 (Bloomberg) - Palm oil inventories in Malaysia likely climbed to their biggest in nearly three years after rising production in the world’s second-largest grower outpaced a recovery in export demand.
Palm oil producers must fight for ethical, fair and inclusive trade
05/10/2022 (Asia News Network), Jakarta - The controversy over palm oil has not ended, despite efforts by crude palm oil producers to address prevailing sustainability issues. Interestingly, the global COVID-19 pandemic and the war in Ukraine have not halted the smear campaigns of palm oil detractors.
Indonesia plans extension of palm oil export levy waiver to year-end
04/10/2022 (The Star Online) - Indonesia, the world's biggest producer of palm oil, may extend an export levy waiver on the edible oil to the end of this year, its chief economic minister said on Tuesday.
MARC Ratings affirms SD Plantation's corporate credit, sukuk with stable outlook
04/10/2022 (New Straits Times), Kuala Lumpur - MARC Ratings Bhd has affirmed Sime Darby Plantation Bhd's (SD Plantation) corporate credit rating at AAA and its perpetual subordinated sukuk programme's rating of up to RM3.0 billion at AAIS.
