Berita Arkib

Study on mice found palmitic acid promoted metastasis in mouth and skin cancers

Crude Palm Oil yesterday settled down by -0.3% at 1108.6 in anticipation of higher global edible oil supplies.

By banning palm oil use, the EU is derailing efforts in Malaysia and Indonesia to make production sustainable

Malaysia's end-Oct palm oil end-stocks rose 4.42% from Sept to 1.83 million tonnes, industry regulator the Malaysian Palm Oil Board (MPOB) data showed on Wednesday.

The spike in fertiliser cost will increase the cost of production by about 15% to 20% for 2022, said UOB KayHian research on Wednesday.

The government may raise additional net revenue of RM400mil from several Budget 2022 changes which are seen to be less punitive on the stock market compared to capital gains tax, CGS-CIMB Equities Research said.

Big U.S. harvests, near-perfect weather for planting in Brazil and signs of slowing purchases by top buyer China are bolstering supplies of two of the top globally traded commodities: soy and corn.

Malaysian crude palm oil (CPO) stocks for October 2021 rose 5.97 per cent to 986,168 tonnes from the 930,654 tonnes recorded in the previous month, according to the Malaysian Palm Oil Board (MPOB).

Malaysia does not have sufficient manpower for harvesting jobs in the oil palm plantations, said the Ministry of Plantation Industries and Commodities (MPIC).

Malaysian palm oil futures extended early gains on Wednesday, logging its highest intraday rise in four weeks, as the market benefited from an increase in early November exports.

Malaysia's end-October palm oil inventories rebounded from the month before as exports sank, while production climbed to a 13-month high, data by the nation's palm oil board showed on Wednesday (Nov 10).

KUALA LUMPUR, Nov 9 (Reuters) - Malaysian palm oil futures declined on Tuesday, falling for a second session of the last three, as losses in rival oils and concerns that a slowdown in demand would raise inventories weighed on sentiment.