PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 29 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  18-10-2022

CPO futures end marginally higher on Oct 17

18/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives recouped earlier losses to end marginally higher on Monday (Oct 17), as sentiment turned bullish amid the ongoing escalation between Ukraine and Russia, said palm oil trader David Ng.

MARKET DEVELOPMENT  
  18-10-2022

VEGOILS-Palm oil dips as Indonesia sets lower export tax

17/10/2022 (Nasdaq), Jakarta - Malaysian palm oil futures opened lower on Monday, shedding gains from the previous session, as rival Indonesia set lower palm oil export tax for the second half of October.

OILS & FATS  
  18-10-2022

Making Sabah a global oil palm heavyweight

17/10/2022 (Daily Express) - A POLICY initiative will be put in place to protect the resilience of the palm oil sector and set Sabah up as a global leader in sustainable palm oil, said Chief Minister Datuk Seri Hajiji Noor.

OILS & FATS  
  18-10-2022

Palm rises for second day on U.S. soyoil strength

18/10/2022 (Hellenic Shipping News) - Malaysian palm oil futures recovered from early losses on Monday to close higher for a second straight session, as stronger U.S. soyoil lent support amid disappointing export data.

OILS & FATS  
  18-10-2022

Palm oil may retrace towards 3,707 ringgit

17/10/2022 (Business Recorder), Singapore - Palm oil may retrace towards a support at 3,707 ringgit per tonne, following its failure to break a resistance at 3,858 ringgit.

OILS & FATS  
  18-10-2022

Sunflowers, war and drought: Why the price of margarine and butter spiked 32%

17/10/2022 (CNBC) - Cue the collective gasp of chefs, bakers and foodies: Food prices are up considerably — but none more so than for butter and margarine.

MARKET DEVELOPMENT  
  17-10-2022

Analysis: Indonesia's defences start crumbling against relentless dollar

17/10/2022 (Reuters), Singapore - Indonesia's currency is tumbling and foreign money in its bond markets is heading for the exits, stoking fears that Southeast Asia's largest economy is finally starting to crack after months of remarkable resilience against global headwinds.

OILS & FATS  
  17-10-2022

India cuts base import price of palm oil, gold

15/10/2022 (Reuters), Mumbai - India has slashed the base import prices of crude and refined palm oil, crude soya oil and gold, the government said in a statement on Friday, as prices corrected in the world market.

OILS & FATS  
  17-10-2022

Palm ends nearly 5% higher on Black Sea supply disruption concerns

14/10/2022 (Hellenic Shipping News) - Malaysian palm oil futures rallied as much as 6.3% on Friday, as Russia’s threats to pull out of an agreement on Black Sea grain exports and heavy rains in Malaysia raised concerns over global edible oil supply.

MARKET DEVELOPMENT  
  17-10-2022

Palm oil may rise into 3,824-3,919 ringgit range

14/10/2022 (Business Recorder), Singapore - Palm oil is poised to break a resistance at 3,754 ringgit per tonne, and rise into a range of 3,824-3,919 ringgit.

OILS & FATS  
  17-10-2022

Edible oil prices start to cool as imports are back on track

17/10/2022 (Telangana Today) - Hyderabad: Ahead of the festive season, prices of edible oil are coming down. Edible oils had seen prices touch new highs in the last few months. The prices are now heading down as the imports, which were impacted by the Russia-Ukraine war, are back on track.

OILS & FATS  
  14-10-2022

MPOA: Review SST, Windfall Profit Levy on palm oil

13/10/2022 (The Borneo Post), Kota Kinabalu - The Chief Executive of the Malaysian Palm Oil Association (MPOA), Joseph Tek Choon Yee proposed for the price threshold review of the State Sales Tax (SST) in Sabah and Sarawak in recognition of the present high-cost of production for palm oil.