|
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Palm futures to recoup losses on tight stocks
Malaysian crude palm oil (CPO) prices should continue to find firm support from rising global demand, despite sharp slides in futures this week, with both ending stocks and the stock-to-use ratio projected at historical lows next year.
Palm oil slumps again amid labour constraints
PALM oil resumed declines to track losses in rival soy, while investors weighed the tropical oil’s production outlook amid labour constraints.
India keeps base import price of palm oil, soyoil unchanged
MUMBAI: India kept the base import prices of palm oil and soybean oil unchanged for a fortnight, the government said in a statement late Tuesday, even as prices of the cooking oils fell sharply in the global market.
Vegoils-Palm loses more than 2% tracking weak overseas soy prices
Malaysian palm oil futures plunged 4% on Wednesday, shedding sharp gains from the previous session, dragged down by a fall in soyoil prices on an improved weather outlook for the U.S. Midwest crop belt.
Palm oil may rise into 3,691-3,757 ringgit range
SINGAPORE: Palm oil may break a resistance at 3,602 ringgit per tonne and rise into a range of 3,691 ringgit to 3,757 ringgit.
Why edible oil prices are on fire
These days, aside from the coronavirus, Ajay Kumar a 40-year-old a resident of Tagore Garden in West Delhi, finds himself worrying about inflation. He says his monthly spending on essentials like vegetable oils has been steadily rising—a litre of mustard oil now costs him Rs 192, about one and a half times the price in May last year, when it cost Rs 132 a litre. This has affected the entire vegetable oils market—the prices of hydrogenated vegetable oil (vanaspati), soya oil, sunflower oil and groundnut oil are all on the rise. Worse, this boom in edible oil prices has taken place during a period of low demand, caused by a stretch of normal monsoons, record oilseed production and the lockdowns across the country. In other words, there is no domestic reason for the price hikes—this is an international phenomenon.
GRAINS-Soybeans hit 2-month low as vegetable oil prices tumble
CHICAGO, June 16 (Reuters) - U.S. soybean futures fell on Wednesday to their lowest level in nearly two months, pressured by a retreat in global vegetable oil prices from multi-year highs, analysts said.
Soybeans plunge to two-month lows as biofuels enthusiasm cools
U.S. soybean futures fell to their lowest in nearly two months alongside weaker global vegetable oil prices that have been dropping from multi-year highs.
Govt says edible oil prices softening; nearly 20% decline in some cases
The government on Wednesday said edible oil prices have started falling in the past one month, and the quantum of decline is nearly 20 per cent in some cases. Stating that India imports a significant quantity of edible oils to meet domestic demand, the Centre said it is working on a "series of mid- and long-term measures" to make the country self-sufficient.
