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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
What to watch for in commodities
It’s time for some 2020 foresight in raw materials. After commodities posted a 10% advance last year, how will crude to coffee fare in the months to come?
Earnings news to be catalyst for plantation share prices
The share prices of plantation counters have caught up with the rising crude palm oil (CPO) prices and the next catalyst will be come from planters’ corporate earnings announcement, says UOB Kay Hian Research (UOBKH).
Bulls charge into China markets
Investors are piling into China’s markets, encouraged by progress on trade and signs that the world’s second-largest economy may be stabilising.
Japan pledges support for Thailand joining Pacific trade pact
Japanese Foreign Minister Toshimitsu Motegi promised on Tuesday to help Thailand join a trans-Pacific free trade agreement at an early date.
Soybeans fall on Middle East conflict fears
U.S. soybean futures fell on Wednesday as sentiment soured after Iran’s missile attack on U.S.-led forces in Iraq, sparking fears of wider war in the Middle East.
India asks refiners to stop buying Malaysian palm oil after political row: sources
India has informally asked palm oil refiners and traders to avoid buying Malaysian palm oil, government and industry sources said on Tuesday, following Malaysian criticism of India’s actions in the Kashmir region and its new citizenship law.
Asian palm oil to get a boost in 2020 on lower output, biofuel mandates
Asian crude palm oil prices are expected to find support in weaker production to be brought about by dry weather in 2020, along with higher biofuel mandates in Indonesia and Malaysia, as the slump to a four-year low in July 2019 fades from market memory
Palm oil inches up on bargain buying, but worries of export shipment disruption weighs
Malaysian palm oil futures recovered from early losses on Tuesday on bargain buying, but gains were capped by worries of a disruption to export shipments in case of an escalation in Middle East tensions.
Indonesia says WTO process against EU palm oil curb to start soon
Indonesia said Tuesday it expects to begin a World Trade Organization process to resolve a dispute with the European Union over palm oil by the end of this month.
