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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
KLK positive on palm oil price rally
The company saw its net profit rise 19.3% year-on-year (YoY) to RM208.82 million in its fourth quarter ended Sept 30, 2020 (4Q20), from RM175.02 million a year ago backed by favourable CPO and palm kernel selling prices during the period.
July-Oct: export growth inches up 0.62pc
The country’s exports during July-October, 2020 totaled $7.576 billion against $7.529 billion during the corresponding period of last year, showing an increase of 0.62 percent, revealed exports and imports data released by the Pakistan Bureau of Statistics (PBS).
CPO futures end higher after two days of losses
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today after recording losses for two consecutive days, backed by stronger soya bean oil prices on the US Chicago Board of Trade (CBOT).
Techbond sees big business in palm oil-based industrial glues
Deputy managing director Lee Seh Meng says if successful, the revenue generated from the palm oil-based adhesives could be bigger than the group’s existing turnover
Thatta extraction plant starts palm oil’s local production: Wahab
A palm oil extraction plant being run by the Sindh’s Environment and Coastal Development departments has started production, ARY News reported on Wednesday.
Colombia to reform fuel pricing, encourage imports
The reforms will shift wholesale motor fuel pricing from export parity to import parity to reflect the growing domestic market imbalance, particularly in gasoline. In line with other Latin American countries, gasoline and diesel prices would move within a band designed to mitigate market volatility through an existing government-run fuel subsidy fund.
VEGOILS-Palm oil inches up on tight supply concerns; weak Nov demand weighs
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 16 ringgit, or 0.49%, to 3,295 ringgit ($803.17) a tonne during early trade.
Nigeria spends over $500m on palm oil importation annually as NGO urge state government to invest on commodity to grow their economies
Abuja, Nov. 18, 2020 Solidaridad Nigeria, a an NGO on Wednesday in Abuja appealed to various state governments to leverage on potential in oil palm to grow their economies.
Palm oil climbs 2pc
Malaysian palm oil futures jumped 2% on Wednesday, ending a three-day losing streak, underpinned by expectations of tight supplies in November hit by heavy rains and as traders switched to long positions.
