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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Indian tax holiday on sunflower, soybean oil imports to affect market after June
30/05/2022 (Hellenic Shipping News) - India’s complete tax waiver on annual imports of 2 million mt each of crude sunflower and soybean oil may pressure palm oil imports, but the impact on the world’s largest vegetable oil buyer will be visible only after June, market sources have told S&P Global Commodity Insights.
Indonesia to allocate about 1 million tonnes of palm oil for export
JAKARTA: Indonesia will allocate about 1 million tonnes of palm oil for export, prioritising companies that have been registered for the government's bulk cooking oil programme, a senior trade ministry official said on Friday.
Palm oil analyst top expert urges Indonesia to resume exports immediately
KUALA LUMPUR, May 28 (Reuters): Leading edible oil analyst Dorab Mistry earlier has urged Indonesia to immediately resume exports of palm oil, warning that a halt in shipments pending details of a domestic sales rule could spell economic "doom" for farmers.
Can sweet spot in commodities be sustained?
MALAYSIA may currently be in a sweet spot as it enjoys high prices of commodities such as crude and palm oil, but for how long can these good prices last?
CPO futures to continue upward momentum next week
THE crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade on an upward trajectory in anticipation of weaker output, a dealer said.
CPO futures end lower
KUALA LUMPUR (May 27): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Friday ahead of a potential announcement by the Indonesian government with regard to palm oil exports.
What's next for the plantation industry?
KUALA LUMPUR: For over a century, the plantation industry has remained a crucial component of Malaysia's economy with a sustained dominance in the global market for palm oil production and exports after Indonesia.
Time to take advantage of palm oil's renaissance
LETTERS: Things have not looked this rosy for the oil palm industry in a long time. Crude palm oil prices are at a five-year high, averaging RM4,465 per metric tonne (pmt) for the first quarter of this year, a 40 per cent increase year on year (yoy) compared with RM3,185 pmt previously.
Indonesia must resume palm oil exports quickly or farmers are doomed and industry will grind to a halt, warns top analyst
Leading edible oil analyst Dorab Ministry on Thursday urged Indonesia to immediately resume exports of palm oil, warning that a halt in shipments pending details of a domestic sales rule could spell economic “doom†for farmers.
