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MARKET DEVELOPMENT
09-02-2022

Palm falls most in three weeks

JAKARTA: Malaysian palm oil futures posted their biggest single-day loss in over three weeks on Tuesday, as weaker rival oils triggered profit-taking and traders digested palm production and export forecasts.

MARKET DEVELOPMENT
09-02-2022

Forced labour issue can hurt Sime Darby Plantation's credit quality: Moody's

KUALA LUMPUR: Sime Darby Plantation Bhd's (SDP) inability to address forced labour findings by the US Customs and Border Protection (CBP) will hurt its credit quality, said Moody's Investors Service.

MARKET DEVELOPMENT
09-02-2022

Malaysiaâ€™s agri-commodity under focus at Expo 2020 Dubai

The Malaysia Sustainable Agricommodity Week (Food Agricommodities), being held this week (February 7 to 12) at the World Expo 2020, Dubai, is focusing on Malaysia's important food-based agricultural commodities, namely palm oil, cocoa and pepper as well as sustainable initiatives and management in the Malaysian palm oil industry.

MARKET DEVELOPMENT
09-02-2022

Corn, Soybean Prices Close Lower | Tuesday, February 8, 2022

On Tuesday, the CME Groupâ€™s farm markets close mostly lower. At the close, the March corn futures closed 3Â¢ lower at $6.32. May futures finished 3Â¢ lower at $6.34. December futures ended 1Â¢ higher at $5.82. March soybean futures settled 12Â¾Â¢ lower at $15.69.

MARKET DEVELOPMENT
09-02-2022

Trade Ministry to stabilize the price of cooking oil

Jakarta (ANTARA) - Trade Ministry's Director-General of Domestic Trade, Oke Nurwan, confirmed that the government was in the process of stabilizing cooking oil prices by implementing policies, including Domestic Mandatory Obligation (DMO) and Domestic Price Obligation (DPO).

MARKET DEVELOPMENT
09-02-2022

VEGOILS Palm extends fall on rival oil weakness, traders await output data

JAKARTA, Feb 9 (Reuters) - Malaysian palm oil futures extended losses to a third session on Wednesday, dragged down by lower vegetable oil prices in China, while investors awaited official January production and export data due on Thursday.

MARKET DEVELOPMENT
08-02-2022

Maybank IB: Malaysian oil palm growers benefit from Indonesia's new export ruling

07/02/2022 (The Edge Markets) - KUALA LUMPUR : Malaysian oil palm growers are benefiting from Indonesiaâ€™s new export policy through higher crude palm oil (CPO) prices, said Maybank Investment Bank (IB).

MARKET DEVELOPMENT
08-02-2022

VEGOILS Palm slips on weaker rival oils, expectations of higher Jan stockpiles

08/02/2022 (Reuters) â€“ JAKARTA : Malaysian palm oil futures fell on Tuesday, as rival oils traded lower, while forecast of a marginal increase in January stockpiles also weighed on sentiment.

MARKET DEVELOPMENT
08-02-2022

Indonesia issues export permits for 310,000 t CPO â€“ Official

07/02/2022 (Reuters) - JAKARTA, Feb 7 (Reuters) - Indonesia, the world's top palm oil shipper, has issued export permits for a combined 310,000 tonnes of crude palm oil and 18,178 tonnes of olein for six companies, Trade Ministry senior official Indrasari Wisnu Wardhana told Reuters on Monday.

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