Berita Arkib

MALAYSIAN palm oil futures firmed on Tuesday, after three straight sessions of losses tracking rival soya oil higher, though higher-than-expected inventories and production weighed on sentiment and capped further gains.

KUALA LUMPUR: Local palm oil refiners may be in for a tough year as the industry suffers from higher cost of crude palm oil (CPO) and stagnating yields.

KLUANG (April 12): The government through the Ministry of Plantation Industries and Commodities will be focusing on selling Malaysian palm oil to East and West Asian countries following high demand from those areas.

KUALA LUMPUR, April 12 - Malaysia's end-March palm oil stocks rose 10.7% from the previous month to 1.45 million tonnes, data from industry regulator Malaysian Palm Oil Board (MPOB) showed on Monday.

KUALA LUMPUR: Crude palm oil prices could have peaked as further upsides in crude palm oil (CPO) prices is expected to be capped by increases in inventory levels, says Kenanga Research. On the back of March inventory levels that outpaced expectations, the research house predicts further production growth in April as all regions continue their growth trajectory and exports to rise ahead of the Islamic festive season and potential stockpiling activities from China and India.

KUALA LUMPUR (April 12): While Hong Leong Investment Bank (HLIB) Research is expecting crude palm oil (CPO) prices to remain elevated at above RM3,500 per tonne in the second quarter of 2021 (2Q21), the research firm sees that CPO prices will trend down more noticeably from the second half of the year (2H21) onwards.

KUALA LUMPUR (April 12): The US Department of Agriculture (USDA) expects Malaysian crude palm oil (CPO) production to rise 245,000 metric tons (MT) year-on-year to 19.5 million MT in the marketing year ending Sept 30, 2021 (MY2020/21).

SINGAPORE: Palm oil may break a support at 3,761 ringgit per tonne and fall to 3,659 ringgit, as it has completed a bounce from 3,495 ringgit.

PARIS: European Union soybean imports in the 2020/21 season that started last July had reached 11.50 million tonnes by April 11, data published by the European Commission showed on Monday.

KUALA LUMPUR, April 12 - Malaysian palm oil futures fell on Monday for a third straight session, dragged down by weakness in rival soybean oil and expectations of higher production, ahead of March supply and demand data.

KUALA LUMPUR (April 10): Afghanistan can be the 'golden gateway' for Malaysian palm oil to be marketed in Central Asia such as Turkmenistan, Uzbekistan, Kyrgyzstan, and Tajikistan as well as other countries in the region.

[KUALA LUMPUR] - Malaysia's state-owned palm oil company Felda will make another offer to buyout FGV Holdings Bhd, the Edge Weekly reported on Saturday, despite a failed takeover attempt last month.