Berita Arkib

Malaysian palm oil futures fell at the midday break today, as weak export demand and losses in US soyoil weighed.

Despite more than fifteen years of work on the issue, the RSPO is increasingly found to be ineffective as it continues to certify tropical rainforest deforestation, egregious human rights and labor rights abuses, and major greenhouse gas emissions from the destruction of peatlands

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday June 25.

The Malaysian palm oil futures recorded losses despite rebounded on Friday, hitting a two-year low, due to concerns about a trade war between China and US as well as weaker exports demand and related oil.

Sowing of summer-sown crops such as soybean, cotton, corn and pulses has been delayed in India due to the slow progress of monsoon rains in central and western parts of the country, raising concerns over output, industry officials told Reuters.

Malaysian palm oil futures snapped snap a four-session decline on Friday evening, seeing its strongest gains in nearly three weeks, on a weaker production outlook and tracking overnight gains in U.S. soyoil.

PLANTERS will likely face tough sales and operational conditions following the drastic fall in crude palm oil (CPO) prices, which had been trading below RM2,300 per tonne level in recent weeks.

A fast food boom is luring Southeast Asia’s top palm oil producers to Myanmar to meet surging demand in the formerly-isolated state.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday June 22.

KUALA LUMPUR: Malaysian palm oil futures fell for a fourth straight day on Thursday, hitting a two-year low, as weak sentiment persisted due to concerns about a trade war between China and the United States and on losses in U.S. soyoil.

The large-scale expansion of oil palm has been a major driver of deforestation and biodiversity loss in many areas of the tropics. In Malaysia and Indonesia, where 85 percent of the world’s oil palm is cultivated, rampant industry growth over the past several decades has replaced rainforest with monoculture plantations, devastating wildlife in the process and leading Indonesia to issue bans on further expansion. But as demand for palm oil continues to rise, other countries are looking to pick up the slack.

SINGAPORE (June 22): Palm oil may retest a resistance at RM2,275 per tonne, as suggested by a projection analysis and a falling channel.