|
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
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 RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Palm oil may test resistance at 3,381 ringgit
SINGAPORE: Palm oil may test a resistance at 3,381 ringgit, with a good chance of breaking above this level and rising into a range of 3,426 ringgit to 3,474 ringgit per tonne.
Retailers told to limit sale of cooking oil packets per customer
GEORGE TOWN: Retailers in Penang have been told to restrict the sale of cooking oil in 1kg packets to ensure that there is ample supply as well as to minimise instances of hoarding.
OCBC: Commodities on the cusp of super cycle
A COMMODITY supercycle may be building as analysts notice that the upswing in prices of various commodities is driven by rising demand due to lower stockpiles across supply channels and Chinese demand.
Telangana Government targeting oil palm cultivation in 8.14 lakh acres
Rajendranagar: With an aim to promote oil palm cultivation in the State, the Telangana government notified an additional potential area of 3.29 lakh hectares i.e 8.14 lakh acres in 25 districts of Telangana apart from already notified areas. To begin with, the government has sowed the seeds of idea especially in the eastern region of the State in order to paddle its own canoe in oil palm production.
Soybeans fall on South American rainfall
CHICAGO (Jan 19): Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said.
Cooking oil subsidy for 1kg polybag has existed since November 2016
PUTRAJAYA: Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi said the cooking oil subsidy has always been reserved for a kilogramme in polybag packaging since November 2016.
Malaysia gears up for court action with EU in palm oil dispute
Malaysia is set to take legal action at the global trade watchdog against the European Union and member states France and Lithuania for restricting palm oil-based biofuels in an ongoing row about access to markets.
Palm oil may test support at 3,300 ringgit
SINGAPORE: Palm oil may test a support at 3,300 ringgit per tonne, a break below which could cause a fall to 3,221 ringgit.
Govt expects downtrend in edible oil prices
ISLAMABAD: The government is expecting a downtrend in edible oil prices in the domestic market due to reversal in international rates of palm oil, officials said on Monday.