|
CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
CIMB unveils 2030 targets for sustainable palm oil production
CIMB Group Holdings Bhd is formalising its 2030 climate target for its palm oil sector portfolio, focusing on sustainable palm oil production.
India slows palm oil imports as prices rally amid negative margins
Indian buyers curtailed purchases of palm oil for December and January shipments due to rising prices and as refiners face negative margins after making heavy imports in the past few months, industry officials told Reuters on Thursday.
BMI revises crude palm oil price upward to RM3,515 per tonne for 2024
BMI, a Fitch Solutions company, has revised upward its projection for the price of crude palm oil in 2024 to RM3,515 per tonne from RM3,400 per tonne.
Palm retreats on weaker Dalian vegetable oils
Malaysian palm oil futures declined on Thursday after three consecutive sessions of gains as the contract tracked weakness in Dalian vegetable oils and crude oil, while market participants awaited output data.
Malaysia keeps December crude palm oil export duty at 8.0%
Malaysia has maintained its December export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Thursday.
El Nino poses risk to 2024 palm oil output in Indonesia, Malaysia
GAPKI Records Surge in Indonesian Processed Palm Oil Export
The Indonesian Palm Oil Association (IPOA, locally known as GAPKI) recorded a 29.9 percent surge in processed palm oil export in September to 2,693 tons from 2,073 tons the previous month.
VEGOILS-Palm extends gains on weaker ringgit, stronger rival oils
Malaysian palm oil futures climbed on Wednesday for a third straight session, supported by strength in rival vegetable oils, a weaker ringgit and expectations of lower production.
CPO prices to affect KLK earnings
Kuala Lumpur Kepong Bhd (KLK) is keeping a cautiously optimistic outlook depending on the price projections for crude palm oil (CPO).
