Berita Arkib

KUALA LUMPUR: Malaysian palm oil futures slumped more than 3% on Thursday to their lowest in two weeks, weighed down by slower demand and higher production concerns.

SINGAPORE, March 19 (Reuters) - Chicago soybean futures were on track for their second weekly decline on Friday, as improved crop weather in South America and expectations for a large increase in U.S. planting this spring weighed on the market.

Soyoil stocks in China fell below 800,000 mt for the first time in at least three years as soybean crush volumes continued to fall due to weak soymeal demand.

March 18 (Reuters) - Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service post in Beijing:

TECHNOLOGY and innovation are crucial to ensure the competitiveness of the nation's oil palm industry in the global market. Hence, the adoption of mechanisation and automation is vital for the smooth operation of the oil palm plantations, which currently faces a critical labour shortage.

SINGAPORE — U.S. President Joe Biden’s green fuel push using edible oils is helping drive up vegetable oil prices that are already near record highs, hitting key cost-sensitive consumers in India and Africa and stoking global food inflation fears.

Malaysia has kept its April export duty for crude palm oil at 8%, though it raised the reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.

AKARTA: Exports of palm oil from the world's top producer Indonesia rose nearly 20% on annual basis in January, the country's biggest palm group said, but output was disrupted by flood and stock fell to a six-month low.

KUALA LUMPUR: Malaysian palm oil futures steadied on Wednesday after snapping their longest winning streak since June 2002 a day earlier, as traders weighed forecasts of an improvement in production against robust exports outlook.

SINGAPORE: Palm oil may stabilize around a support at 3,895 ringgit per tonne, and bounce towards a zone of 3,965-4,052 ringgit.

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Wednesday to record their longest winning streak since June 2002, climbing for an 11th consecutive day, as traders weighed forecasts for improved production against robust exports outlook.

KUALA LUMPUR, March 18 (Reuters) - Malaysian palm oil futures fell over 1% on Thursday, tracking weakness in soyoil and crude, while expectations of a recovery in production also weighed on sentiment.