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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Even world's top oil palm grower Indonesia is worried about prices
JAKARTA (BLOOMBERG) - Indonesia, the world's top oil palm grower, is finding it is not immune to the impact of soaring prices as it plans to subsidise cooking oil sold locally.
Malaysia's end-2021 palm oil stocks seen higher than 2020: Platts survey
Malaysia is expected to have ended December 2021 with crude palm oil stocks of around 1.73 million mt, a dip from end-November stock levels, but much stronger when compared with CPO inventory of 1.26 million mt a year ago, a S&P Global Platts survey showed.
Heatwave to hit Argentina, further stressing corn, soybean crops
BUENOS AIRES, Jan 6 (Reuters) - Most of Argentina's agricultural region will be hit in the coming days by a heatwave accompanied by little or no rainfall, adding pressure to adverse conditions that its corn and soybean crops have suffered for weeks, the Buenos Aires Grains Exchange said on Thursday.
Soybeans And Wheat Close Lower | Thursday, January 6, 2022
At the close Thursday, soybean and wheat futures trimmed today's earlier losses but still ended in the red.
Zuraida: Palm oil industry to maintain positive performance in 2022
PUTRAJAYA: The palm oil industry, being the fourth largest contributor to Malaysia’s economy, is expected to maintain its 2021 performance in 2022, backed by various marketing and promotional efforts to be conducted by the Ministry of Plantation Industries and Commodities and its agencies.
Concerns over weak output push CPO prices higher
KUALA LUMPUR (Jan 5): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives climbed higher at Wednesday’s closing on concerns over weak output.
CPO prices to stay high in first quarter
PETALING JAYA: Tight supply is expected to sustain crude palm oil (CPO) prices at current elevated levels in the early part of this year.
Maybank Research: Supply disruption expected to support CPO prices
KUALA LUMPUR (Jan 5): Maybank Research is positive on regional plantations as fear of supply disruption due to sporadic flooding across the country will continue to support crude palm oil (CPO) prices.
Palm oil faces resistance at 4,948 ringgit
SINGAPORE: Palm oil faces a resistance at 4,948 ringgit per tonne, a break above could lead to a gain into the 4,994-5,069 ringgit range.
