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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Impact of US election on Asian economies
WITH Asian economies starting to show signs of recovery from the pandemic-induced recession, it is crucial that the policies of the newly elected United States president do not disrupt this momentum
Trading ideas: Plantation counters, MISC, IGB REIT, Lagenda, Bina Darulaman, Tek Seng, FGV
Plantation counters which have substantial business exposures in Indonesia as the government is looking at raising its export levy on crude palm oil (CPO).
Soyabean oil costing $46.839m, palm $579.006m imported in 3 months
Soyabean oil worth $46.839 million and palm oil worth $579.006 million was imported during first quarter of current financial year as compared to the imports of the corresponding period of last year
FGV's hope for RM3.5b-RM4b compensation from Felda optimistic, says CGS-CIMB
CGS-CIMB Research opined that FGV Holdings Bhd’s expectations of a RM3.5 billion to RM4 billion compensation from the Federal Land Development Authority (Felda) following the termination of the land lease agreement (LLA) between the parties are optimistic.
CPO futures likely to trade cautiously next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade in a cautious mode next week due to the resurgence in COVID-19 cases across the globe, a dealer said.
Malaysian planters will have thinner margins in Indonesia if higher levy imposed there
The Indonesian government is looking at raising its export levy on crude palm oil (CPO). Should the country decide to hike the levy, Malaysian plantation companies will have narrower margins for operations in the republic.
Oil palm plantations in Sabah return to full capacity after restrictions lifted
Plantations in Sabah can now work at full capacity during the current Conditional Movement Control Order (CMCO).
VEGOILS-Palm oil set for second straight weekly rise, tracking rival oils
Malaysian palm oil futures rose on Friday after scaling a more than nine-month high in the previous session, with strength in rival oils putting palm on course for a second straight weekly gain.
FGV stock under close watch following spat with Felda
FGV Holdings Bhd, one of the world’s biggest palm oil producer, is now in hot water following the Federal Land Development Authority’s (Felda) move to terminate its land lease agreement (LLA) with the group.
