Berita Arkib
11-11-2022
CPO futures fall for third consecutive day on worries over rising production, stockpiles
10/11/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower on Thursday for the third consecutive day on worries over higher production and stockpiles of the commodity.
10-11-2022
Concerns about China demand drags CPO futures lower
08/11/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives retreated to end easier following concerns about China demand.
10-11-2022
CPO futures falls ahead of MPOB, USDA demand supply data
09/11/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives fell for the second consecutive day ahead of the release of Malaysian Palm Oil Board (MPOB) and the United States Department of Agriculture (USDA) monthly supply-demand releases.
10-11-2022
Palm slumps about 4pc on higher Malaysian stocks
10/11/2022 (Business Recorder), Singapore - Malaysian palm oil dropped on Wednesday over expectations of a rise in stockpiles, with COVID-19 restrictions in top buyer China further dragging down the market.
10-11-2022
China’s Covid-restrictions may result in cheaper cooking oil
08/11/2022 (Pakistan Today) - In a peculiarity of the international markets, the price of cooking oil may go down in Pakistan after China refused to ease covid related lockdown restrictions in the country.
10-11-2022
KAB buys its first biogas power plant
09/11/2022 (New Straits Times), Kuala Lumpur - KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) is acquiring the entire stake in Future Biomass Gasification Sdn Bhd (FBG) from Future NRG Sdn Bhd (FNSB) for RM15 million.
10-11-2022
Bursa Malaysia higher in early trade
09/11/2022 (New Straits Times) - KUALA LUMPUR: Bursa Malaysia reversed yesterday's losses to open higher today on mild buying interest in selected heavyweights, as mixed sentiment prevailed in regional markets, a dealer said.
10-11-2022
IFFCO to develop 300,000 square feet edible oil packing plant at DP World’s Berbera Economic Zone, Somaliland
09/11/2022 (Hellenic Shipping News) - DP World has signed a lease and collaboration agreement with UAE-based food producer IFFCO, for an edible oil packing plant in the Berbera Economic Zone (BEZ) in Somaliland.
09-11-2022
Palm oil faces headwinds amid China lockdowns, EU phaseout
BALI, Indonesia - Market uncertainties and slowing economies are clouding the outlook for global palm oil demand, with prices expected to decline next year after having hit record highs in the wake of Russia's invasion of Ukraine.
09-11-2022
CPO prices expected to remain bullish
Petaling Jaya - Despite the threat of a recession in major economies next year, crude palm oil (CPO) prices are expected to remain supported in the quarters ahead backed by factors like market access of rival edible oils from the Russia-Ukraine war region, Indonesia’s export policies as well as issues like fertiliser availability, labour shortages, and weather uncertainty.
09-11-2022
Synthetic alternative could be solution to palm oil issue
Paris - PARIS: In nut butter spreads, chips, in instant stock cubes… Its use is so diverse that palm oil holds the title of most consumed oil in the world, far ahead of soybean oil, rapeseed oil and sunflower oil.
09-11-2022
Palm oil falls 1.5% as COVID restrictions curb Chinese demand
Malaysian palm oil futures slid more than 1% on Tuesday, falling for the first time in three sessions, on concerns over tepid demand in key consumer China amid COVID-19 restrictions.