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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
European Rapeseed Oil Prices Surge
It is interesting to see that as canola struggles at resistance, competing oils such as rapeseed and palm oil are showing strength. Since mid-July, rapeseed oil futures FOB Rotterdam have traded from a low of $926.75 USD/metric ton to a high of $985.50/mt as of Sept. 17. On Nov. 6, a gain of $25.50/mt was recorded to break from this range, while a further gain of $5/mt was recorded on Nov. 9. During the past week of Nov. 2, a gain of $43.50/mt USD was realized, the largest weekly move seen since early April.
Soybeans slip from 4-year peak, subdued USDA harvest report caps losses
SYDNEY — U.S. soybean futures edged down on Tuesday as traders banked profits after prices hit a four-year high in the previous session, although losses were held in check by a U.S. harvest report that came in behind market expectations.
REFILE-Strategie Grains cuts EU 2020/21 rapeseed import forecast to 5.9 mln T
PARIS, Nov 9 (Reuters) - Strategie Grains has lowered its forecast of rapeseed imports in the European Union and Britain this season to 5.9 million tonnes from 6.3 million a month earlier, the consultancy said in an oilseed report.
Risk to Indonesian Biodiesel & Global Palm Oil
The Indonesian government may rein in its push to increase the use of biodiesel, as it now comes at a higher cost following a fall in crude oil prices and sustained strength in crude palm oil prices.
Vitamin E extracted from palm oil useful in boosting immunity? Here’s what studies based on liver cells reveal
A team of researchers from Malaysia and Libya recently investigated the effect of Vitamin E, extracted from palm oil, on mice liver cells as its compound is known to have antioxidant effects which protects cells from damage of toxic chemicals produced by metabolic processes
Indonesia May Cut Biodiesel Use Target as Subsidy Fund Depletes
Fitch Ratings-Singapore/Jakarta-08 November 2020: The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and sustained strength in crude palm oil (CPO) prices, Fitch Ratings says. Biodiesel is now much more expensive than regular diesel, and the subsidies drawn from an industry fund to promote biodiesel production and use have been increasing.
Biden may boost Malaysia-US ties, which have been lukewarm for several years
ON Nov 3, Americans went to the polls to elect their next president. After a month of tiresome campaigning, the United States presidential election reached its peak, when a projected 161 million voters cast their votes to determine which candidate was the most capable of taking the helm of the world's superpower.
KLCI rises 0.37% as global stocks get a Biden boost
KUALA LUMPUR (Nov 9): The main index at Bursa Malaysia rose 0.37% to stay firmly above the 1,500-point threshold as global stock markets climbed after Joe Biden won the presidential race.
Prices of cooking oil increase in Enugu major markets
Prices of palm oil and vegetable oil have skyrocketed in major markets across Enugu metropolis, placing both commodities beyond the reach of many consumers.
