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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
US Customs' statement provides insufficient info: SD Plantation
Sime Darby Plantation Bhd (SDP) says the US Customs and Border Protection's (CBP) news release does not provide sufficient information to allow the company to meaningfully address the allegations that triggered the issuance of the Withhold Release Order (WRO)
Make any Indonesian an exporter, almost at no cost
Indonesia’s cost of living is lower than that in China, so there is no reason why Indonesians will not be able to compete with affordable Chinese exports, if the shipping cost from Indonesia is competitive
Japan & UK Get Down To Post-Brexit Business
A trade deal between the two nations officially came into force on January 1st, and should, if enacted as intended, guarantee one of the longest trade deals in the past 50 years carries on largely as before, albeit with additional benefits for both sides.
CPO futures may see cautious trading after US bans Sime Darby Plantation palm oil — trader
e crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious mode next week, a dealer said.
Will higher palm oil prices depress M&A deals?
In the last several years, the Malaysian plantation industry has been buzzing with robust merger and acquisition (M&A) deals against the backdrop of weak crude palm oil (CPO) prices.
KLK to prioritise operational efficiencies
Chief Executive Officer Tan Sri Lee Oi Hian said the plantation group has made good progress towards achieving the fresh fruit bunches (FFB) yield target of 20 mt/ha in the first year of harvesting, with more and more areas achieving the target.
Planters have plenty to shout about
Despite the higher CPO prices, most planters are expecting mixed performance in their earnings outlook for this year with the industry currently facing severe workers shortage in the estates.
S. Korea-UK free trade agreement set for launching this week
South Korea and the UK will kick off their bilateral free trade agreement (FTA) on Jan. 1. to maintain the continuity of trade activities after the latter's departure from the EU.
Prices, low inventory support palm oil in 2020
MALAYSIA’S Movement Control Order (MCO) had restrained the country’s economic activities, including the palm oil industry despite its importance in the food industry.
