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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Palm oil ends flat as lower export estimates counter supply concerns
27/01/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures ended flat on Monday as weakness in the Chicago soyoil contract and lower export estimates were offset by expectations of a fall in production.
Indonesia’s Prabowo gets top award in Malaysia as he and Anwar boast of ‘special relationship’
28/01/2025 (The Straits Times), Kuala Lumpur - President Prabowo Subianto was described as a “close friend” by the Malaysian King and a “friend and brother” by Prime Minister Anwar Ibrahim as he made a state visit to Malaysia on Jan 27, the first Asean nation he was visiting since being sworn in as Indonesia’s leader three months ago.
RSPO’s next frontier: Scaling sustainable palm oil in Asia’s emerging markets
27/01/2025 (Eco-Business) - About one-fifth of global palm oil is certified by the Roundtable on Sustainable Palm Oil, but growth has plateaued. Chief Joseph D’Cruz explains why 100 per cent certification is not the end goal and how it plans to engage China and India.
CPO Futures End Mostly Higher on Weak Output Expectations
27/01/2025 (Bernama), Kuala Lumpur – Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Monday due to expectations of weaker output, said palm oil dealer David Ng.
YGN palm oil wholesale reference rate dips
28/01/2025 (The Global New Light of Myanmar) - The wholesale reference rate of palm oil for the Yangon market slightly decreased to K7,245 per viss for the week ending 2 February 2025, from K7,255 recorded last week ending 26 January, according to the Supervisory Committee on Edible Oil Import and Distribution.
The largest Ukrainian oil producer has halted its factory due to a shortage of raw materials
27/01/2025 (Odessa) - One of Kernel's factories, the largest sunflower oil producer in the Ukrainian market, ceased operations due to a shortage of raw materials.
Soybeans Falling at Monday’s Midday
27/01/2025 (Barchart) - The soybean market is pulling back on Monday, with contracts down 7 to 11 cents so far. CmdtyView’s national front month Cash Bean price is down 10 3/4 cents at $9.84 1/4. Soymeal futures were down $4.90/ton, with Soy Oil futures down 27 points on the session.
28/01/2025 (GNLM) - The wholesale reference rate of palm oil for the Yangon market slightly decreased to K7,245 per viss for the week ending 2 February 2025, from K7,255 recorded last week ending 26 January, according to the Supervisory Committee on Edible Oil Import and Distribution.
Quiet week seen for CPO futures on holiday break
27/01/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade quietly this week due to the Chinese New Year festivities, according to Interband Group of Companies senior palm oil trader Jim Teh.