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MARKET DEVELOPMENT
13-04-2022

USDA forecasts higher global palm oil fundamentals

The US Department of Agriculture (USDA) has raised global palm oil output, trade and stocks forecasts in its April oilseeds world markets and trade report.

MARKET DEVELOPMENT
13-04-2022

Palm gains about 3% to near three-week high as stocks tighten

Malaysian palm oil futures climbed on Tuesday to their highest in nearly three weeks, buoyed by tight inventories even as analysts forecast a drop in April exports.

MARKET DEVELOPMENT
13-04-2022

USDA cuts Brazil 2021-22 soybean output estimates, Argentina steady

The US Department of Agriculture further lowered its Brazilian soybean output projections from previous estimates, while Argentina forecast was held steady, it said April 8.

MARKET DEVELOPMENT
13-04-2022

EU sunflower oil prices fall on demand drop, more supply -Oil World

HAMBURG, April 12 (Reuters) - European sunflower oil prices have fallen sharply in the past two weeks after surging upwards after Ukraineâ€™s huge exports were cut, the head of Hamburg-based oilseeds analysts Oil World said on Tuesday.

MARKET DEVELOPMENT
13-04-2022

CPO price may remain high until June 2022, says HLIB

KUALA LUMPUR: Crude palm oil (CPO) price is expected to remain at elevated levels, possibly until the first half of 2022 (1H22), said Hong Leong Investment Bank Bhd (HLIB).

MARKET DEVELOPMENT
13-04-2022

FGV says March CPO production up at 215,689 tonnes from 171,898 tonnes in February

KUALA LUMPUR (April 12): FGV Holdings Bhd's March 2022 crude palm oil (CPO) production climbed to 215,689 tonnes from 171,898 tonnes in February 2022 as the companyâ€™s oil palm fresh fruit bunch (FFB) output rose.

MARKET DEVELOPMENT
12-04-2022

Malaysiaâ€™s end-March palm oil stocks hit one-year low as demand jumps

Malaysiaâ€™s palm oil inventories at the end of March shrank for a fifth consecutive month as a larger-than-expected rise in exports and plunge in imports outweighed strong production growth, Malaysian Palm Oil Board (MPOB) data showed on Monday.

MARKET DEVELOPMENT
12-04-2022

CPO stocks declined, output rose in March â€” MPOB

KUALA LUMPUR (April 11): Malaysiaâ€™s crude palm oil (CPO) stocks fell to 764,079 tonnes in March 2022, contracting 2.6% or 20,409 tonnes from 784,488 tonnes in February 2022, said the Malaysian Palm Oil Board (MPOB).

MARKET DEVELOPMENT
12-04-2022

Palm oil biased to edge up to 6,104 ringgit

SINGAPORE: Palm oil is biased to break a resistance at 5,966 ringgit tonne and edge up to the next resistance at 6,104 ringgit.

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