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CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Soybeans End Unchanged On The Day | Tuesday, December 28, 2021
On Tuesday, the CME Group’s soybean and wheat markets close double-digits lower.
Confident Telangana will be No. 1 in oil palm cultivation: Union Agriculture Minister
HYDERABAD: The Union Minister for Agriculture and Farmers’ Welfare Narendra Singh Tomar on Tuesday expressed confidence in making India ‘Atmanirbhar’ (self-reliant) in edible oil production by bringing 28 lakh hectares of land in the country under oil palm cultivation, out of which nine lakh hectares have been marked for north-eastern States.
VEGOILS Palm climbs on firmer rival oils, supply shortages
KUALA LUMPUR, Dec 28 (Reuters) - Malaysian palm oil futures gained on Tuesday to their highest in two weeks, buoyed by strength in rival Chicago and Dalian oils as well as supply shortages.
Palm tracks gains in rival oils
KUALA LUMPUR: Malaysian palm oil futures gained on Tuesday, rising for a fifth session in six, tracking strength in rival Chicago and Dalian oils.
Palm Oil Declines After Four Days of Gains With Floods in Focus
Palm oil retreated as some investors seek to lock in year-end gains, although concerns remain that floods in Malaysia will curb supplies.
Job Creation Law key for resolving palm oil disputes: ministry
Jakarta (ANTARA) - The Job Creation Law can help resolve disputes involving palm oil businesses and communities, including indigenous people, that are often constrained by overlapping regulations, an official at the Ministry of Law and Human Rights has said.
Sarawak Oil Palm’s EPS to be hit by highest tax rate, lower FFB production
MERCURY Securities Sdn Bhd has cut Sarawak Oil Palm Bhd’s (SOP) financial year 2022 (FY22) earnings per share (EPS) forecast to 40 sen from 52 sen previously on expectations of lower fresh fruit bunches (FFB) production due to the labour shortage in the industry.
Palm oil may rise into 4,751-4,812 ringgit range
SINGAPORE: Palm oil may break a resistance at 4,676 ringgit per tonne, and rise into 4,751-4,812 ringgit range.
Malaysia’s 2021 biodiesel output, exports to fall: USDA
Record-high crude palm oil (CPO) prices are likely to cut Malaysian biodiesel output and exports by 16pc and 23.5pc respectively in 2021, the US Department of Agriculture (USDA) said.
