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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
Malaysia CPO production expected to top 20 million tonnes in 2020
Crude palm oil (CPO) production in Malaysia is expected to top 20 million tonnes this year
Palm oil extends gains on higher crude, hopes of better exports
Malaysian palm oil futures climbed for a fourth straight session on Wednesday, hovering near a four-month high hit in the last session, on stronger crude oil and hopes of better exports.
Boosting industry via Tech
Technologies have been created, innovated and improved to boost the effectiveness and competitiveness of the upstream, midstream and downstream sectors of the oil palm industry
Bamboo will not replace oil palm as country's main commodity — minister
The Ministry of Plantation Industries and Commodities does not intend to replace the country's main commodity, namely oil palm, with bamboo, said Minister Datuk Dr Mohd Khairuddin Aman Razali today.
China buys record commodities haul to fuel post-virus recovery
China's imports of raw materials, from oil to soybeans to copper, surged to records last month as the top commodities consumer fuels a recovery from the pandemic that has slammed global growth and roiled markets.
EU’s Free Trade Agreement (FTA) with Vietnam Leaves India Fuming
The FTA may hurt India’s garment industry as the new deal removes 99 percent of customs duties which would enable Vietnamese services and public procurement markets to EU companies.
Malaysian palm oil falls
Malaysian palm oil futures fell on Monday, tracking losses in crude and rival soyaoil, while and as higher June production also hurt sentiment.
CPO inventory to rise in 2H
MIDF Amanah Investment Bank Bhd (MIDF Research) analyst Martin Foo Chuan Loong, in a report, noted that the industry’s stock levels will rebound above the two-million-tonne mark as import demand tapers off and production peaks between July and October.
Israel and Thailand ink deal on agricultural workers
The Israeli and Thai governments signed an agreement to enable the arrival of 25,000 agricultural workers from Thailand to Israel, the Israeli foreign ministry said.
