Berita Arkib

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to continue its upward momentum this week on higher export and weaker production expectations.

Malaysian palm oil futures firmed on Monday, extending last week's gains as labour shortage in Malaysia and dry weather in several major edible oil producing countries stoked fears about tightening global supplies.

The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange closed up 20 ringgit, or 0.49%, to 4,131 ringgit ($981.93) a tonne.

The US consumer prices increased 5.4 per cent in June from a year earlier, the highest recorded since August 2008. Excluding food and energy, core prices climbed 4.5 per cent, the highest increase since September 1991.

PETALING JAYA: Iran is looking to import one million tonnes of palm oil from Malaysia in the near future, following a significant boost in imports in the first half of this year.

KUALA LUMPUR: Malaysian palm oil futures climbed more than 3% to hit a six-week high on Thursday, lifted by higher exports so far in July, while dry weather and a labour shortage hitting global production of vegetable oils also boosted sentiment.

HOUSTON (ICIS)--Brazil will set the obligatory blending mandate of biodiesel into diesel at 12% for the country's next biodiesel auction, according to an order from the country's National Council for Energy Policy (CNPE) approved by President Jair Bolsonaro.

CHICAGO, July 15 (Reuters) - The U.S. soybean crush fell to a two-year low in June and missed all trade estimates, while soybean oil stocks thinned to the lowest in eight months, according to National Oilseed Processors Association (NOPA) data released on Thursday.

China’s soybean stocks rose to their highest level since October 2020 last week, as a rebound in the pace of crushing still lagged behind an increase in the import volumes of beans in July, data from the China National Grain & Oil Centre Information (CNGOIC) showed Thursday.

KUALA LUMPUR (July 15): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continues its upward momentum to end higher today on lingering concerns over lower output, dealers said.

KUALA LUMPUR, July 16 ― Bursa Malaysia opened higher but retreated shortly after, prompted by profit-taking in almost all indices across the board.

Hyderabad: In the wake of growing demand for palm oil in the world market, the Telangana Government proposes to give a big push to oil palm cultivation in the State. It is likely to give huge incentives, including subsidies to the farmers.