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MARKET DEVELOPMENT
21-01-2022

Palm oil may retest support at 5,106 ringgit

SINGAPORE: Palm oil may retest a support at 5,106 ringgit, as it faces a resistance at 5,174 ringgit per tonne.

MARKET DEVELOPMENT
21-01-2022

Government ensuring cooking oil supply sufficient: official

Jakarta (ANTARA) - The government is working to ensure that the supply of cooking oil is safe and sufficient to meet the people's needs for the next six months, main expert staff of the Presidential Staff Office (KSP) Edy Priyono has said.

MARKET DEVELOPMENT
21-01-2022

Soyabean Oil Imports Decrease By 4.11%, Palm Oil Increase 65.84% In Two-quarters

ISLAMABAD, (UrduPoint / Pakistan Point News - 20th Jan, 2022 ) :The imports of soyabean oil into the country during firs-half of current financial year reduced by 4.11%, where as palm oil increased by 65.84% as compared the corresponding period of last year.

MARKET DEVELOPMENT
21-01-2022

Soybeans Add Over 60Â¢ Per Bushel In Two Sessions | Thursday, January 20, 2022

On Thursday, the CME Groupâ€™s farm markets lean on the soybean run-up to eight-year highs for momentum. At the close, the March corn futures finished Â½Â¢ higher at $6.11. May futures ended Â¼Â¢ lower at $6.10. December futures closed 2Â½Â¢ lower at $5.62.

MARKET DEVELOPMENT
21-01-2022

US soybean crush soars to record monthly high in Dec: NOPA

US soybean crush in December reached an all-time monthly high of 186.438 million bushels (5.073 million mt), up 3.9% on the month and 1.8% higher year on year, according to the National Oilseed Processors Association, or NOPA.

MARKET DEVELOPMENT
19-01-2022

Indonesia mulls 'limited' palm oil export controls amid surging cooking oil price

JAKARTA (Jan 18): Indonesia is considering "limited restrictions" on palm oil exports and is also hiking cooking oil subsidies as part of attempts to contain surging domestic cooking oil prices and control inflation pressures, senior officials said on Tuesday.

MARKET DEVELOPMENT
19-01-2022

Palm gains over 1% as Indonesia plans B40 biodiesel tests

Malaysian palm oil futures rose more than 1% on Monday, as top producer Indonesia moved ahead with plans to test biofuel with higher palm content, while forecasts of weak output in the worldâ€™s second-largest producer also lent support.

MARKET DEVELOPMENT
19-01-2022

CPO price expected to remain high amid strong demand: Gapki

Medan, N Sumatra (ANTARA) - Crude palm oil (CPO) price is expected to remain high till March 2022 due to strong demand in the global market, according to the Indonesian Palm Oil Producers Association (Gapki).

MARKET DEVELOPMENT
19-01-2022

Brazilâ€™s Rains Drop Soybean Prices | Tuesday, January 18, 2022

WHEAT RISES 27Â¢, HELPED BY RUSSIAâ€™S THREAT TO UKRAINE, ANALYST SAYS. On Tuesday, the CME Group's wheat market helped the corn market close higher. At the close, the March corn futures finished 3 1/4Â¢ higher at $5.99. May futures finished 2 3/4Â¢ higher at $6.00. December futures closed 1/2Â¢ lower at $5.57.

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