Berita Arkib

Crude palm oil futures traded firm at Rs 843.30 per 10 kg on November 4 as participants increased their position as seen by the open interest. Malaysian palm oil futures gained 0.71 percent to trade at 3,092 Ringgits on Bursa Malaysia Bhd.

Malaysian palm oil futures gained on Wednesday, lifted by expectations of tighter October stockpiles and lower production, although gains were capped as U.S. election results made global markets nervous.

FGV Holdings Bhd (FGV) is expanding its presence in India’s oil palm seed market by targeting to sell another 1.5 million seeds by 2021 following growing market demand for premium oil palm seeds in the country.

The recent block on palm oil imports from Malaysian producer FGV holdings by US Customs and Border Protection (CBP) has not only been ineffective, but is more likely to worsen the plight of the smallholder farmers who have been badly hit by the measures

Agricultural markets globally are currently under multiple influences, least of which is weather. From August onwards, a wet weather phenomenon called La Nina has taken hold

Nigeria’s oil palm research will receive its biggest funding in 10 years if the 2021 budget is passed into law, an analysis of federal budgets since 2010 has shown.

Annual US biodiesel production capacity decreased by 2%, or 49 million gallons, between January last year and the start of this year, according to the latest figures.

Having successfully flattened the Covid-19 curve, it is time for Malaysia to begin focusing on longer-term recovery policies.

Sellers of Indonesian crude palm oil have started factoring in an export levy of $120/mt, though an official announcement has not yet been made, sources said Nov. 3.

Agribusiness players are generally positive on crude palm oil (CPO) prices for the remainder of the year with the current rally set to ease with improved supply in 1H21F, note CGS-CIMB analysts Ivy Ng and Nagulan Ravi in an Oct 29 note.

Malaysian palm oil futures rose 2% and were set to snap a four-session decline on Tuesday, tracking higher rival edible oils and as estimates of higher exports and lower output in October stoked supply worries.

Crude palm oil futures trade firm at Rs 837.50 per 10 kg on November 3 to touch a new lifetime high as participants widened their position as seen by the open interest. Malaysian palm oil futures gained 3.19 percent to trade at 3,070 Ringgits on Bursa Malaysia Bhd