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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
India’s Jan palm oil imports jump
MUMBAI: India’s palm oil imports jumped 31% in January from a year earlier as lower import taxes prompted refiners to increase purchases of the tropical oil, while soyaoil and sunflower oil imports fell, a trade body said on Thursday.
Indonesia, Malaysia vow to counter anti-palm oil campaign
JAKARTA, Indonesia — Malaysia and Indonesia on Friday agreed to coordinate and strengthen their campaign against they say is international discrimination against palm oil, the countries’ main commodity.
India’s Palm Oil Imports May Fall in February
India’s palm oil imports from Malaysia may take a hit in the current month, considering the duty structure changes announced by the government in its annual budget presented on Feb. 1. India had slashed the basic import duty on crude palm oil (CPO) to 15% from 27.5%.
CPO inventory up 4.8pc to 1.33mil tonnes
KUALA LUMPUR: Malaysia's crude palm oil (CPO) inventory rose 4.8 per cent month-on-month (m-o-m) to 1.33 million tonnes in January, more or less within consensus' estimate of 1.29 million tonnes, with significantly lower-than-expected exports.
VEGOILS-Palm reverses losses, up 2% on crude oil jump
SINGAPORE, Feb 15 (Reuters) - Malaysian palm oil futures climbed 2% on Monday, bouncing back from the last session's losses, as a spike in crude oil prices made the vegetable oil a more attractive feedstock option for biodiesel.
E20 plan put on hold due to higher biofuel prices
A plan to make gasohol E20 the primary fuel for motorists in July has been postponed indefinitely because of higher biofuel prices, creating a financial burden for the Oil Fuel Fund.
Egypt gets offers in soyaoil, sunflower oil
HAMBURG: The lowest offer in an international tender on Thursday from Egypt's state agency GASC to purchase at least 30,000 tonnes of soyaoil was said to be $1,072 a tonne c&f on immediate payment terms, traders said in initial assessments.
Palm oil export earnings in 2020 highest in 4 years
MALAYSIA’S export earnings from palm oil and palm oil products amounted to RM72.8 billion last year, the highest since 2017, said Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali.
Strong palm oil exports push CPO futures higher at close
KUALA LUMPUR (Feb 10): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today on the back of stronger exports, a trader said.
