Berita Arkib
20-05-2021
Vegoils-Palm oil falls 3% after sharp climb as weaker crude weighs
Malaysian palm oil futures dropped on Wednesday, after rallying 5% in the previous session, as weaker global edible and crude oils weighed on sentiment.
20-05-2021
Malaysia maintains crude palm oil export tax at 8pc for June 2021
KUALA LUMPUR, May 19 — Malaysia has maintained the export tax for crude palm oil (CPO) at eight per cent for June 2021 — for the sixth straight month.
20-05-2021
Analysis: India's palm oil imports hit roadblock as localized lockdowns intensify
New Delhi — India's palm oil imports in 2021 are set to fall for the second consecutive year as pandemic concerns continue to unfold in the country, forcing refiners to dial back production and keep stocks at a bare minimum level, sources told S&P Global Platts.
20-05-2021
CPO prices poised for correction in H2
PETALING JAYA: The current bull run in the crude palm oil (CPO) spot prices, which soared 134% to the historic level of RM4,761 per tonne is not sustainable and is poised for a correction by the second half of the year, say plantation analysts.
20-05-2021
Palm oil may fall to 4,273 ringgit
SINGAPORE: Palm oil may break a support at 4,369 ringgit per tonne, and fall to 4,273 ringgit.
20-05-2021
Current bullish CPO prices not sustainable, says analyst
KUALA LUMPUR (May 19): Despite the current bullish crude palm oil (CPO) price momentum, PublicInvest Research’s analyst Chong Hoe Leong thinks it is not sustainable, and a price correction would be inevitable once the inventory level sees a strong pickup.
20-05-2021
Batu Kawan's 2Q net profit sixteen-fold higher
KUALA LUMPUR (May 19): Batu Kawan Bhd's net profit surged more than sixteenfold to RM261.08 million in the second quarter (Q2) ended March 31, 2021, compared with RM16.02 million in the corresponding period last year.
20-05-2021
EU 2020/21 soybean imports at 13.17 mln T by May 16, rapeseed 5.80 mln T
European Union soybean imports in the 2020/21 season that started last July had reached 13.17 million tonnes by May 16, data published by the European Commission showed. That compared with 13.10 million tonnes cleared by the same week last season, the data showed.
20-05-2021
CPO futures end lower, tracking downtrend in soybean oil futures
KUALA LUMPUR (May 19): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives erased Tuesday’s gains to end lower today, tracking the downtrend in soybean oil futures on the Chicago Board of Trade (CBOT).
20-05-2021
Soybeans close 36¢ lower, corn ends mostly lower | Wednesday, May 19, 2021
On Wednesday, the CME Group’s farm markets tumble, even as China buys another huge amount of U.S. corn.
20-05-2021
EU soybean production areas hit record level
The biggest increases in soybean production this year were recorded in Italy and Romania, according to current figures published by the EU Commission.
20-05-2021
Soybean futures slip on muted demand
New Delhi, May 19 (PTI) Soybean prices on Wednesday fell by Rs 66 to Rs 7,834 per quintal in futures market as participants cut down their positions on weak spot demand. On the National Commodity and Derivatives Exchange, soybean contracts for May delivery fell Rs 66, or 0.84 per cent, to Rs 7,834 per quintal with an open interest of 2,475 lots.