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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
CPO prices poised for correction in H2
PETALING JAYA: The current bull run in the crude palm oil (CPO) spot prices, which soared 134% to the historic level of RM4,761 per tonne is not sustainable and is poised for a correction by the second half of the year, say plantation analysts.
Palm oil may fall to 4,273 ringgit
SINGAPORE: Palm oil may break a support at 4,369 ringgit per tonne, and fall to 4,273 ringgit.
Current bullish CPO prices not sustainable, says analyst
KUALA LUMPUR (May 19): Despite the current bullish crude palm oil (CPO) price momentum, PublicInvest Research’s analyst Chong Hoe Leong thinks it is not sustainable, and a price correction would be inevitable once the inventory level sees a strong pickup.
Batu Kawan's 2Q net profit sixteen-fold higher
KUALA LUMPUR (May 19): Batu Kawan Bhd's net profit surged more than sixteenfold to RM261.08 million in the second quarter (Q2) ended March 31, 2021, compared with RM16.02 million in the corresponding period last year.
EU 2020/21 soybean imports at 13.17 mln T by May 16, rapeseed 5.80 mln T
European Union soybean imports in the 2020/21 season that started last July had reached 13.17 million tonnes by May 16, data published by the European Commission showed. That compared with 13.10 million tonnes cleared by the same week last season, the data showed.
CPO futures end lower, tracking downtrend in soybean oil futures
KUALA LUMPUR (May 19): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives erased Tuesday’s gains to end lower today, tracking the downtrend in soybean oil futures on the Chicago Board of Trade (CBOT).
Soybeans close 36¢ lower, corn ends mostly lower | Wednesday, May 19, 2021
On Wednesday, the CME Group’s farm markets tumble, even as China buys another huge amount of U.S. corn.
EU soybean production areas hit record level
The biggest increases in soybean production this year were recorded in Italy and Romania, according to current figures published by the EU Commission.
Soybean futures slip on muted demand
New Delhi, May 19 (PTI) Soybean prices on Wednesday fell by Rs 66 to Rs 7,834 per quintal in futures market as participants cut down their positions on weak spot demand. On the National Commodity and Derivatives Exchange, soybean contracts for May delivery fell Rs 66, or 0.84 per cent, to Rs 7,834 per quintal with an open interest of 2,475 lots.
