|
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
Malaysia palm oil drops over 1.5% on India’s move to allow duty-free imports
India’s decision to allow imports of 40 lakh tonnes (lt) each of crude soyabean oil and crude sunflower oil during the current fiscal and the next dragged global palm oil prices lower on Wednesday.
Palm ends three-day rally
KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday, ending a three-session rally, pressured by demand worries after top buyer India allowed duty-free imports of competing soy and sunflower oils.
Sabah asks EU ambassador to correct misconceptions about Malaysia's palm oil industry
KOTA KINABALU (May 24): Sabah Chief Minister Datuk Seri Hajiji Noor has asked European Union (EU) Ambassador to Malaysia Michalis Rochas to correct misconceptions about the country’s palm oil industry.
M’sia not impacted by Indonesia’s lifting of palm oil exports ban
PEKAN: Indonesia’s move to lift its palm oil exports ban yesterday will not have much of an impact on Malaysia’s oil palm industry, said Plantation Industries and Commodities Deputy Minister Datuk Willie Mongin.
EXPLAINER-Indonesia's stop-start controls on palm oil exports
Indonesian President Joko Widodo has agreed to allow palm oil exports to resume after a three-week ban, though it is unclear how rapidly shipments will resume given accompanying rules aimed at securing domestic supply.
India could cut import tax on some edible oils to tame local prices
NEW DELHI: India could soon cut an import tax on crude soyoil and crude sunflower oil, trade and government sources said on Tuesday, as the world's biggest vegetable oil importer tries to keep a lid on local prices.
Palm oil neutral in 6,099-6,354 ringgit range
SINGAPORE: Palm oil looks neutral in a range of 6,099-6,354 ringgit per tonne, and an escape could suggest a direction.
Zuraida: Malaysia open to collaborations to ensure sustainability in agri-commodities
KUALA LUMPUR (May 25): Malaysia is open to working with international parties, including government agencies, academicians, research institutes, industry players, and businesses to ensure the agri-commodity industry continues to develop progressively and sustainably, Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin said.
Indonesia set to resume palm oil exports but policy uncertainty persists
JAKARTA: Indonesia is due to resume exports of palm oil on Monday after a ban of more than three weeks, but industry traders and companies were awaiting details on accompanying rules to secure domestic supplies of the edible oil to control cooking oil prices.
