Berita Arkib

KUALA LUMPUR (Nov 22): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday (Nov 22), weighed down by the overnight losses in the soybean oil market on the Chicago Board of Trade (CBOT).

US soybean processors are profiting from widening crush spreads as soybean meal and soybean oil prices rally. Crush margins are expected to remain elevated into 2022 as the looming Brazilian soybean crop weighs on global soybean prices and demand for oil and meal remains robust.

FORT COLLINS, Colo., Nov 22 (Reuters) - Argentina’s core grain belt is on pace for better rainfall this month than has been seen in many recent Novembers, but with La Nina in action and planting still in progress, the country’s soybean crop remains at risk of a third consecutive disappointment.

Malaysian palm oil futures fell for a second straight session on Monday, tracking weakness in rival oils and a slump in crude oil prices.

Nov 20 (Reuters) - Exports of Malaysian palm oil products for Nov. 1 to 20 rose 9% to 1,066,899 tonnes from 978,917 tonnes shipped during the same period a month earlier, according to independent inspection company AmSpec Agri Malaysia on Saturday.

The Federal Government and states have been urged to prioritise palm oil production to salvage the economy and save the country from present global economic crisis.

KUALA LUMPUR: The European Union’s new rulings to curb food and wood products that are linked to deforestation will have limited impact on Malaysian shipments of palm oil and timber to the bloc, according to a government official.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend lower next week on profit-taking activities after rallying to above RM5,000 a tonne, palm oil trader David Ng said.

KUCHING (Nov 19): The Malaysian Palm Oil Board (MPOB) is working hard to encourage Private Smallholders (PKPs) to register as members of Sustainable Oil Palm Planters Cooperative (KPSM), said Plantation Industries and Commodities Deputy Minister Datuk Willie Mongin.

JAKARTA: Malaysian palm oil futures traded lower on Friday as investors locked in profits, but posted a second straight weekly gain as concerns over a slowdown in production and strong exports supported prices.

The supply of palm oil may not ease before the first quarter of 2022 as an unresolved labor shortage continues in Malaysia while high government duties turn buyers away from larger rival Indonesia, leading edible oil industry analysts said at an S&P Global Platts event Nov. 17.