Berita Arkib

nvestors pricing in a larger downside risk to crude palm oil (CPO) prices, the impact of Indonesia’s high tax on refined palm oil, and environmental, social and corporate governance (ESG) concerns are the key factors keeping plantation companies' share prices from performing in tandem with the CPO price movement.

Malaysia recorded an FFB yield of 16.73 tonnes of oil per hectare last year compared with 17.19 tonnes and 17.89 tonnes in 2018 and 2017 respectively. The indicator peaked in 2017 before the current downward trend.

Shares of plantation companies fell today despite the price of crude palm oil (CPO) hitting a record high of RM4,399 per tonne.

Malaysian palm oil futures rose as much as 3% on Wednesday, closing at their highest in nearly two weeks on the back of strength in competing oils on the Dalian Commodity Exchange and the Chicago Board of Trade, and fears of a supply squeeze.

Palm oil looks neutral in a range of 3,761-3,844 ringgit per tonne, and an escape could suggest a direction.

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its upward momentum to end higher today driven by lower April output from the Southern Peninsula Palm Oil Millers' Association (SPPOMA).

The Indonesia-EFTA Comprehensive Economic Partnership Agreement (IE-CEPA) was approved by the House on April 9 and has been called Indonesia’s doorway to the wider European market

Global vegetable oils and meals prices are expected to rise sharply in 2021, before stabilizing in 2022 due to supply shortfalls and stronger-than-expected consumption patterns, the World Bank said in its semi-annual commodity markets outlook report

Malaysian palm oil futures jumped more than 2% on Tuesday, boosted by stronger crude and competing soyaoil prices amid reports of higher April 1-20 exports.

China’s March soyabean imports from Brazil plunged as rain delayed some shipments from the world’s top exporter, but US bean imports rocketed more than fourfold as delayed cargoes arrived, hitting the highest monthly total since December 2016.

The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives Exchange was up 2 ringgit, or 0.05%, at 3,712 ringgit ($902.28) a tonne by the midday break, recovering from a 0.8% drop earlier in the session.

MALAYSIA can export other commodities to countries that have imposed bans on the usage of palm oil, Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said.