PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  12-07-2023

CPO prices may end up stronger than expected due to El Nino

11/07/2023 (New Straits Times), Kuala Lumpur - Crude palm oil (CPO) prices may end up higher than the currently expected average of RM3,700 per tonne for 2023 to 2024, Kenanga Research said.

MARKET DEVELOPMENT  
  12-07-2023

VEGOILS-Palm oil extends gains on strong exports, tight stockpiles

10/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a second session on Tuesday, underpinned by improving export demand and a slower-than-anticipated rise in inventories.

MARKET DEVELOPMENT  
  12-07-2023

VEGOILS-Palm ends lower on rising production outlook, improving demand underpins

11/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures reversed early gains to end lower on Tuesday as traders weighed expectations of rising production against improving export demand.

MARKET DEVELOPMENT  
  12-07-2023

Domestic trade ministry, agencies to curb smuggling of subsidised cooking oil

11/07/2023 (The Star Online), Putrajaya - The Domestic Trade and Cost of Living Ministry will work with the relevant enforcement agencies to beef up controls on distribution of controlled goods, especially cooking oil, at the country’s borders.

MARKET DEVELOPMENT  
  12-07-2023

Bangladesh lowers cooking oil prices; bottled soybean oil prices cut by Tk 10 a litre

11/07/2023 (BD News24.com) - The government has lowered cooking oil prices by Tk 5-12 per litre following a fall in prices on the global market.

MARKET DEVELOPMENT  
  11-07-2023

Anticipation of higher stocks to weigh on CPO

10/07/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower this week given the expectation of higher stocks and muted demand.

MARKET DEVELOPMENT  
  11-07-2023

Malaysia end-June palm oil stocks rise slower than expected as output falls

10/07/2023 (Nasdaq), Kuala Lumpur - Malaysia's palm oil inventories rose at the end of June but at a slower than expected pace, as production declined and exports jumped, data by the nation's palm oil board showed on Monday.

MARKET DEVELOPMENT  
  11-07-2023

Ministry, RSPO agree to boost capacity of oil palm farmers

11/07/2023 (Antara News), Jakarta - The Ministry of Cooperatives and Small and Medium Enterprises (SMEs) and the Roundtable on Sustainable Palm Oil (RSPO) have signed a memorandum of understanding (MoU) to strengthen small farmers' capacity to accelerate the implementation of sustainable palm oil in Indonesia.

MARKET DEVELOPMENT  
  11-07-2023

VEGOILS-Palm oil set to rise on smaller-than-expected stocks, higher July exports

10/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures ticked up on Monday after trading in a tight range, with data showing a surge in July exports and a slower rise in June inventories likely to further support prices.

MARKET DEVELOPMENT  
  11-07-2023

VEGOILS-Palm oil trades in tight range ahead of key data

10/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures traded in a tight range on Monday ahead of key data, with concerns of higher June inventories weighing on the market.

MARKET DEVELOPMENT  
  10-07-2023

Rationalising distribution of subsidised cooking oil will solve shortages in future, says Salahuddin

09/07/2023 (The Star Online), Kota Kinabalu - The Domestic Trade and Cost of Living Ministry will initiate a rationalisation process in the allocation of subsidised cooking oil or quota for cooking oil to overcome future shortages in the market.

MARKET DEVELOPMENT  
  10-07-2023

Cooking oil: Why consumers will pay more

09/07/2023 (The East African) - It will take longer – if at all – for consumers in the region to enjoy a drop in retail prices of edible oils following the decision by Kenya to impose a 25 percent duty on crude palm oil.