PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 30 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  22-09-2022

Palm oil may retest resistance at 3,796 ringgit

21/09/2022 (Business Recorder), Singapore - Palm oil may retest a resistance at 3,796 ringgit per tonne, a break above which could lead to a gain into 3,847-3,897 ringgit.

MARKET DEVELOPMENT  
  22-09-2022

Palm closes higher

21/09/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures ended higher after volatile trade on Tuesday, lifted by a surge in exports during Sept. 1-20 amid rising demand from top buyer India ahead of a key festival there.

MARKET DEVELOPMENT  
  21-09-2022

Better than expected trade performance

21/09/2022 (The Star Online), Petaling Jaya - Malaysia’s trade remained sturdy in August with double-digit growth recorded for exports and imports.

MARKET DEVELOPMENT  
  21-09-2022

Expanding palm oil stockpile to dampen CPO prices

20/09/2022 (The Edge Markets) - THE Malaysian palm oil inventory, which is likely to have surpassed two million tonnes for the first time in two years, is expected to add further downward pressure on crude palm oil (CPO) prices that have fallen from their peak in April this year.

MARKET DEVELOPMENT  
  21-09-2022

Indonesia trimming palm oil stocks with discounts, India sales

20/09/2022 (The Star Online), JAKARTA/MUMBAI (Reuters) - Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.

MARKET DEVELOPMENT  
  21-09-2022

Malaysia's 1H palm product exports reach RM71b

20/09/2022 (The Edge Markets), Miri - Malaysia’s palm product export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion.

MARKET DEVELOPMENT  
  21-09-2022

Use oil palm biomass as feedstock for "green" jet fuel: Transport Minister

20/09/2022 (New Straits Times), Singapore - Malaysia hopes that oil palm biomass will be accepted as a feedstock for the production of sustainable aviation fuel (SAF) given the rising demand for the use of the jet fuel alternative worldwide.

MARKET DEVELOPMENT  
  21-09-2022

Stronger exports, soybean oil performance lift CPO futures at the close on Sept 20

20/9/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil futures contract on Bursa Malaysia Derivatives ended higher on Tuesday (Sept 20), thanks to stronger exports which lifted the market, coupled with the strength in soybean oil trading on the Chicago Board of Trade.

MARKET DEVELOPMENT  
  21-09-2022

Palm products export for January-June reaches RM71.02b

20/09/2022 (The Sun Daily) - Malaysia’s palm products export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion recorded during the period.

MARKET DEVELOPMENT  
  21-09-2022

Palm oil may fall into 3,481-3,583 ringgit range

20/09/2022 (Business Recorder), Singapore - Palm oil may break a support of 3,646 ringgit per tonne, and fall into 3,481-3,583 ringgit range.

MARKET DEVELOPMENT  
  21-09-2022

Tariff commission for palm oil price at Tk133 per litre, sugar Tk84 per kg

20/09/2022 (The Business Standard News) - Bangladesh Trade and Tariff Commission (BTTC) has recommended setting the price of palm oil at Tk133 per litre and the price of sugar per kg, considering the price situation of the world market and import cost.

MARKET DEVELOPMENT  
  21-09-2022

MIDF Research raises Malaysia's 2022 exports, imports growth projection

20/09/2022 (The Edge Markets), Kuala Lumpur - MIDF Research has raised its 2022 growth projection for the country’s exports and imports to 22.4% and 29.5% respectively.