Berita Terkini

LOCAL
06-07-2023

S’wak ministry projected to produce 600,000mt of animal feed from palm oil this year

KOTA SAMARAHAN (July 5): The Sarawak Ministry of Food Industry, Commodity and Regional Development is projected to produce 600,000 metric tonnes of animal feed from palm oil a year, said its minister Dato Sri Dr Stephen Rundi.

OILS & FATS
06-07-2023

Palm oil little changed in anticipation of better exports

KUALA LUMPUR: Malaysian palm oil futures reversed early gains on Wednesday after trading in a tight range, as traders weighed a forecast for a jump in June inventories against expectation for a recovery in July exports.

OILSEEDS
06-07-2023

South American soybean oil FOB basis drops to record low

Soybean oil port differentials in South American markets have plunged to historic lows amid quiet demand from destinations and soaring Chicago Board of Trade futures.

OILSEEDS
06-07-2023

EU soybean imports down 10% in 2022/23, rapeseed up 33%

European Union soybean imports in the 2022/23 season that ended on June 30 reached 13.02 million metric tons, down 10% from the 14.54 million tons imported in the 2021/22 season, European Commission data showed on Tuesday.

OILS & FATS
06-07-2023

India’s June palm oil, soyoil imports jump on lower prices-dealers

India’s June palm oil imports jumped 49% from the previous month to their highest in three months as buyers took advantage of a dip in prices to their lowest in 28 months to increase purchases, six dealers told Reuters.

MARKET DEVELOPMENT
06-07-2023

VEGOILS-Palm oil rebounds on fears of rising June stocks

KUALA LUMPUR, July 5 (Reuters) - Malaysian palm oil futures ticked up on Wednesday, rising for a third time in the past four sessions, on concerns over a build-up of June inventories in the world's second-largest producer amid slow exports.

OILS & FATS
05-07-2023

India's June palm oil, soyoil imports jump on lower prices-dealers

A rebound in buying by the world's biggest vegetable oil importer would support Malaysian palm oil futures and help top producers Indonesia and Malaysia to trim inventories.

LOCAL
05-07-2023

Weather key to near-term price recovery for CPO

PETALING JAYA: The weather developments from July to August are key to near-term fresh price recovery for crude palm oil (CPO) prices, says Maybank Investment Bank (Maybank IB) Research.

WORLD
05-07-2023

Malaysia Seeks To Increase Palm Oil Exports To Kenya

NAIROBI, Kenya, July 4 – Malaysia is looking to export more palm oil to Kenya, coming at a time when prices of palm oil have skyrocketed due to disruptions in the global supply chain.

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