PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 29 Nov 2024

|

Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  15-11-2022

Palm oil to trade between RM3,800 and RM4,200 until Q2’23: MPOC

14/11/2022 (The Sun Daily) - Malaysian palm oil will likely trade between RM3,800 per tonne and RM4,200 per tonne until the second quarter of 2023 (Q2’23), as palm oil production is forecast to recover slightly next year.

OILS & FATS  
  15-11-2022

Indonesia to boost share of China palm oil market as Covid rules ease, say analysts

15/11/2022 (The Edge Markets), Kuala Lumpur - Palm oil demand from major buyer China will likely recover next year, as the country loosens its zero-Covid rules, with Indonesia expected to win a bigger market share than smaller rival Malaysia, analysts said in an online seminar on Monday.

MARKET DEVELOPMENT  
  15-11-2022

Malaysia warns uncertainties, volatility in palm oil market to persist in 2023

14/11/2022 (The Edge Markets), Kuala Lumpur - Malaysia's palm oil board on Monday (Nov 14) warned of a tough 2023 for the market for the world's most consumed edible oil, with the persistence of global uncertainties in weather, geopolitics and economics that have caused wide price swings this year.

OILS & FATS  
  15-11-2022

CHS sees ‘bullish’ demand in soybean oil for renewable diesel

13/11/2022 (lm Tribune), MANKATO, Minn. - Where the Blue Earth River empties into the Minnesota River, a plant has been crushing farmers’ soybeans since the 1930s.

OILS & FATS  
  15-11-2022

FOCUS-New processors to reshape North Dakota's export-focused soy sector

14/11/2022 (Nasdaq),North Dakota - North Dakota's soybean industry is at the forefront of what could be a once-in-a-generation transformation in coming years, with two new processing plants set to open in 2023 and 2024 to meet rising domestic biofuel production.

OILS & FATS  
  15-11-2022

Govt bats for GM mustard in SC: To make India self-sufficient in edible oil

13/11/2022 (Business Standard) - The Centre has told the Supreme Court that genetically modified (GM) mustard will contribute to Indias self-sustenance with respect to production of edible oil and it will go a long way in realising the vision of 'Aatmanirbhar Bharat'.

OILS & FATS  
  15-11-2022

Soybean futures rise on China COVID curbs, weakening dollar

14/11/2022 (Hellenic Shipping News) - Chicago wheat, corn and soybeans rose on Friday, underpinned by strong commodities and equities markets, as well as hopes that China’s easing of COVID-19 restrictions could boost demand.

MARKET DEVELOPMENT  
  14-11-2022

Soybean will continue a rally in the near-term; may hit Rs 6,200 a quintal

13/11/2022 (Economic Times) - Soybean Indore prices have shown a whopping 8% rally after the removal of stock limits on Oil and Oilseed for wholesale dealers and big retail chains, which was announced on November 01, 2022, and long demanded by the millers, crushers, and associations.

OILS & FATS  
  14-11-2022

Palm oil rises on Nov export strength, higher Indonesian taxes

11/11/2022 (The Edge Markets) - Malaysian palm oil futures firmed on Friday (Nov 11), supported by a surge in early November exports and Indonesia's plan to raise its export tax reference price, although the contract was bound for a weekly loss.

OILS & FATS  
  14-11-2022

CPO price seen to sustain

11/11/2022(The Star Online), Petaling Jaya - The crude palm oil (CPO) price will likely sustain at above RM4,000 per tonne over the next few months, supported by near-term supply concerns and price competitiveness.

OILS & FATS  
  14-11-2022

Malaysian analyst cuts forecast for 2022 average crude palm oil price

11/11/2022 (Xinhua), Kuala Lumpur - Malaysian research house CGS-CIMB on Friday cuts its average crude palm oil (CPO) price forecast for 2022 to 5,122 ringgit (1,107 U.S. dollars) per tonne from 5,600 ringgit (1,211 dollars) per tonne.

OILS & FATS  
  14-11-2022

INDONESIA PLANS TO SET PALM OIL REFERENCE PRICE AT $826.58/T FOR NOV 16-30 –OFFICIAL

10/11/2022 (Successful Farming), Jakarta - Indonesia plans to set reference price of its crude palm oil at $826.58 per tonne for Nov. 16-30 shipments, Trade Ministry official Farid Amir said on Friday.