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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 Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
India drops 3 key policy plans as coronavirus outbreak hits revenue collection: Report
India, which has been battling a financial crisis long before coronavirus became a substantial threat, could see the economy shrink further due to the fast-spreading virus.
Palm oil ends over 2pc lower
Malaysian palm oil futures closed more than 2% lower on Monday as the rapid spread of the coronavirus globally raised concerns over lower demand.
Planters slowing down capex for palm oil mills
Most plantation companies are slowing down their capital expenditure for palm oil mills on the back of falling crude palm oil (CPO) prices and economic uncertainties over Covid-19, analysts note, following a meeting with CB Industrial Product Holding Bhd (CB Industrial) recently.
Canadian canola futures rise
ICE Canadian canola futures rose on Friday. The market rose on traders with short positions taking profits and was also supported by limited hedge pressure as farmers are not currently active sellers to commercial buyers, a trader said. May canola gained $2.60 to settle at $453.60 per tonne.
Malaysian palm growers want plantations freed of virus curbs
Palm plantations in Malaysia, the world’s second largest producer of the commodity, must be allowed to operate during the two weeks of movement curbs ordered to rein in the spread of a coronavirus, a group of growers said on Tuesday.
More palm oil output recovery seen in coming months
Downgrade to neutral: Crude palm oil (CPO) prices had seen a strong recovery since August 2019 after a lacklustre performance for two years as markets were anticipating a sharp decline in fresh fruit bunch (FFB) production due to prolonged dry weather and lack of fertiliser application by planters due to financial constraint
VEGOILS-Palm oil down on coronavirus concerns, weaker ringgit limits losses
Malaysian palm oil futures fell on Monday as fears of the rapidly spreading coronavirus outbreak stoked demand worries, though a weaker ringgit limited losses.
Malaysia lowers export tax on Crude Palm Oil as prices tumble
The Malaysian government has lowered the tax on crude palm oil exports in April to 5% from 6% in March.
Veg oil imports down 10.5 per cent to 11.12 lakh tonnes in Feb
VEGETABLE oil imports fell 10.5 per cent to 11.12 lakh tonnes last month, mainly due to lower shipments of refined palm oil, according to industry data. Import of vegetable oil during February 2020