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Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysian palm oil higher
Malaysian palm oil futures closed up on Wednesday tracking higher soyabean oil prices, after slumping to a near nine-month low in the previous session, but gains were capped by a retreat in crude oil prices.
VEGOILS-Palm oil firms on crude rebound, rising output weighs
KUALA LUMPUR, April 23 (Reuters) - Malaysian palm oil futures rose on Thursday, tracking gains in crude and rival soybean oil, but gains were limited by worries over rising stockpiles as the coronavirus pandemic curbs global demand.
MPOB: Govt defers B20 fuel programme rollout
THE government deferred the implementation of the national B20 Biodiesel Programme due to lower crude palm oil (CPO) demand and to focus resources in response to the Covid-19 outbreak.
Edible oil industry wants import of refined palm oil to be restricted
The government should not issue licenses for import of refined palm oil to companies to protect local refiners and oilseed growers, said edible oil associations and analysts.
Indonesia’s palm oil exports fall due to pandemic
Indonesia’ palm oil exports and its derivatives dropped to 4.93 million tonnes in the first two months of 2020 from 6.6 million tonnes in the same period last year due to the COVID-19 pandemic’s impact, the Indonesian Palm Oil Producers Association (GAPKI) said on April 21.
‘Quiet’ Ramadan to hit palm oil exports
KUALA LUMPUR: The palm oil market is set to miss out on a key high-demand period in 2020 as coronavirus-driven lockdowns during Ramadan dent demand in key importing countries such as India, Pakistan and Bangladesh.
Coronavirus-driven lockdowns to dent demand for palm oil during Ramadan
KUALA LUMPUR/MUMBAI: The palm oil market is set to miss out on a key high-demand period in 2020 as coronavirus-driven lockdowns during the Muslim holy month of Ramadan dent demand in key importing countries such as India, Pakistan and Bangladesh.
Indonesia’s Feb palm oil exports down 12% y/y –GAPKI
Indonesia’s exports of palm oil and its refined products, including oleochemicals and biodiesel, were at 2.54 million tonnes in February, Indonesia Palm Oil Association (GAPKI) said in a statement on Tuesday.
Palm oil futures plunge to near 9-mth low as crude oil trades negative
Malaysian palm oil futures plunged 7.5% on Tuesday to its lowest level since last August in a reaction to US crude oil futures trading negative for the first time in history the day before, as global demand for both vegetable and mineral oils tumbles.
