|
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 hits 10-year high
KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Tuesday, climbing to 10-year highs, as survey showed December stockpiles tumbling to their lowest in over a decade.
CPO prices to remain above RM3,000 per tonne in 1Q — HLIB Research
KUALA LUMPUR (Jan 5): Crude palm oil (CPO) prices are expected to remain above RM3,000 per tonne in the first quarter (1Q) of this year, propped up by limited supply of major edible oils, low inventory levels in the larger edible oil consuming countries and the La Nina phenomenon, which has slowed soybean planting in Brazil and reduced yield in the US, said HLIB Research.
Palm oil still targets 3,757 ringgit
SINGAPORE: Palm oil still targets 3,757 ringgit per tonne, as suggested by its wave pattern and a projection analysis.
Commodities 2021: Soybean crush outlook diverges on recovery in Brazil, recession in Argentina
New Delhi — Brazil's soybean crush volumes are expected to remain elevated in 2021 on high demand, while the outlook for Argentina's crushing industry is precarious as Buenos Aires grapples with recession and more than $323 billion of mounting debt. Brazilian crushers' sales soared for most of 2020 due to high domestic and export demand, while Argentina's crushers grappled with labor strikes, high taxes, negative margins, tight raw beans supply and logistical bottlenecks, analysts said, predicting similar trends for the two nations in 2021.
Higher blending mandate to help offset EU’s lower palm oil demand, says biodiesel association
KUALA LUMPUR, Jan 5 — A nimble push into higher biodiesel blends such as B40 — 40 per cent blend of palm oil-derived biodiesel — by Indonesia and B30 by Malaysia will help to mitigate the negative effects of the European Union’s (EU) lower palm oil demand for biofuel, the Malaysian Biodiesel Association said.
IN SEARCH OF A SUSTAINABLE FUTURE THROUGH BIOMASS
A significant amount of biomass is generated in the country each year, across a variety of crops or plantations such as palm oil, coconut, rubber, wood and rice husk, among others.
Palm oil imports increase 29.4pc to $876 million in 5 months
The palm oil imports increased by 29.40 percent during the first five months of the current fiscal year against the imports of the same period of last year.
MPIC regrets US action to ban entry of Sime Darby’s palm oil
The Ministry of Plantation Industries and Commodities Industry (MPIC) has expressed regret and disapproval regarding the drastic action taken by the United States (US) to bar the entry of palm oil produced by Sime Darby Plantation Bhd (SDP) without giving the company an opportunity to defend itself.
Concern about applying tariffs on Vietnamese exports
The US Trade Representative (USTR) office organised a hearing to gather opinions from US businesses and organisations regarding suspicions that Vietnam’s increasing trade surplus with the US was caused by deliberate undervaluation of the Vietnamese dong.