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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
Current rally augurs well for CPO prices in 2021: CGS-CIMB
Crude palm oil (CPO) prices’ rising to a year-to-date high of RM3,185 a tonne on Oct 27 should augur well for the commodity next year, according to CGS CIMB Research
Palm, soy under further pressure in EU biofuels mix
The future make up of biofuels in the EU is becoming clearer, with recent regulatory moves by some countries suggesting the bloc could meet its target to phase out palm oil and soy oil from the slate ahead of schedule. This should support EU demand for biodiesel made from domestically-grown rapeseed oil, which trades at a premium to imports.
Blockchain technology adds great value to palm oil production
Palm oil industrial players should keep an open mind and explore today’s latest technology, namely the blockchain technology that can offer great value to and differentiate Malaysia’s palm oil production as sustainable and credible.
VEGOILS-Palm extends losses to fourth day on cheaper rival oils, crude
Malaysian palm oil futures fell on Monday for a fourth straight session, dragged by weakness in rival oils and crude, although losses were limited due to higher October exports
Prices on the oilseed market in the Russian Federation continue to grow steadily
Average prices for sunflower oil last week set a new record, rising by 1,150 rubles to 76,325 rubles per tonne (including VAT). Sunflower also rose to new highs, prices for which increased by 275 rubles, to 31,825 rubles per tonne (excluding VAT).
Hot stock: Wilmar shares up 5.9% on net profit, special dividend announcement
SHARES of Wilmar International jumped 5.5 per cent on Monday after the agri-business group posted a 20 per cent rise in Q3 net profit and announced a special dividend on Friday.
Indonesia expects export, investment boost after US extends trade privileges
ndonesian exports have been enjoying the GSP facility given by the US since 1980. In 2019, Indonesian exports worth US$2.61 billion (S$3.56 billion), or 13 per cent of its total US$20.1 billion exports to the US, were eligible.
Soppoa lists industry’s wishes for Budget 2021
With the highly anticipated Budget 2021 to be announced on Friday, the Sarawak Oil Palm Plantation Owners Association (Soppoa) has compiled a wishlist which it believes would greatly assist in assuring the sustainable development of the industry in Sarawak.
MPOA welcomes move to issue temporary work permits for undocumented migrants
THE government’s decision to issue temporary work permits to illegal foreign workers will assist plantation players and smallholders in cushioning the labour shortage impact, which is resulting in 20-30 per cent potential production not being realised.
