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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
Soybean oil demand spikes in Japan following COVID-19
TOKYO, JAPAN — As the economy recovers from COVID-19 measures, demand for soybean oil in Japan is spiking with less people cooking at home, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).
CPO futures end lower on concerns over rising production
KUALA LUMPUR (April 7): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday on concerns over rising production, said a dealer.
VEGOILS-Palm falls for second day on higher output forecast
KUALA LUMPUR, April 7 (Reuters) - Malaysian palm oil futures fell for a second straight session on Thursday, as industry group Malaysian Palm Oil Association (MPOA) forecast a bigger-than-expected rise in March production.
Malaysia's palm oil stock likely grew 2.8% m-o-m to 1.56 million tonnes at end-March — CGS-CIMB
KUALA LUMPUR (April 6): Malaysia's palm oil inventory likely grew by 2.8% month-on-month (m-o-m) to 1.56 million tonnes at end-March 2022 due to higher output, according to CGS-CIMB.
CPO futures end mostly higher
KUALA LUMPUR (April 6): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher on Wednesday ahead of the Malaysian Palm Oil Board (MPOB) data due out next week.
Palm ends little changed as traders assess exports, output prospects
Malaysian palm oil futures were little changed on Wedneday after trading in a tight range on either side of 5,890 ringgit, as traders assessed supply uncertainties amid fears of new sanctions on Russia, and prospects of rising exports and production.
Palm oil gains 4pc
KUALA LUMPUR: Malaysian palm oil futures jumped as much as 4.5% on Tuesday, their biggest percentage gain in nearly a month, as jitters over the fallout from the Russia-Ukraine crisis spurred concerns over the global supply of vegetable oils and other commodities.
Edible oil prices go up again
In spite of the government fixing edible oil prices recently, the prices of loose soybean oil and palm oil have gone up at both retail and wholesale markets due to a supply crisis.
300,000 ‘Mari Kenali Sawit’ books to be distributed in schools
KLANG: About 300,000 copies of the book ‘Mari Kenali Sawit’ (Let’s Get To Know Oil Palm) will be distributed in selected government and private schools nationwide as part of the government’s effort to provide students with exposure to oil palm.
