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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
Palm oil prices to fall amid coronavirus uncertainty globally
Palm oil prices are expected to decrease slightly from its current levels over the next three to six months due to fall in demand caused by the Covid-19 pandemic
FGV appeals against RSPO suspension of certification process for uncertified units
FGV Holdings Bhd has appealed against the Roundtable on Sustainable Palm Oil (RSPO)’s decision to resuspend the certification of its Kilang Sawit Serting mill and as well as all certification processes for currently uncertified mills.
Palm oil stocks seen falling near 1.65 mt; long-term outlook still uncertain
Malaysian palm oil futures (third month contract), which was ruling as high as 2,450 levels at March end, have dwindled by more than 200 ringgits in first four sessions of April, as coronavirus concerns have overpowered the lower stocks optimism
Anifah urges Sabah to reconsider its oil palm operation ban
He said the federal government has decided to allow activities and operations related to agriculture and fisheries to continue during the movement control order (MCO).
Tax relief on pulse, edible oil: Importers look forward towards issuance of SROs
Importers of pulses, edible oil and seeds have said that they are unable to clear their consignments from the port because duty and tax relief related Statutory Regulatory Orders (SROs) have not been issued yet.
Palm oil supply-demand tightness to remain
Palm oil supply and demand are expected to remain tight in the near term as the expected fall in demand amid the Covid-19 crisis will be accompanied by a fall in output, say analysts.
Soppoa calls govt to reconsider appeal from palm oil industry
The Sarawak Oil Palm Plantation Owners Association (Soppoa) calls on the government to reconsider the parameters for the Movement Control Order (MCO) for isolated cases of mills or estates.
Malaysian palm oil moves higher
Malaysian palm oil futures ended higher on Monday, snapping a four-day losing streak, as cargo surveyor data showed better-than-expected exports for the first five days of this month
Palm oil ends higher on positive cargo surveyor export data
Malaysian palm oil futures ended higher on Monday, snapping a four-day losing streak, as cargo surveyor data showed better-than-expected exports for the first five days of this month.
