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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Malaysia palm oil output set for steep drop after Sabah floods
CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand
15/10/2024 (Biodiesel Magazine) - Soybean oil use for biobased diesel production reached a near-record high in June, but demand for soybean oil feedstock continues to face headwinds from rising imports of used cooking oil (UCO) and tallow, according to CoBank’s latest Quarterly Research Report, released Oct. 10.
Used Cooking Oil Futures On Bursa Malaysia’s Horizon
11/10/2024 (Business Today) - Bursa Malaysia has confirmed plans to introduce a new futures contract for used cooking oil, pending negotiations with the industry and regulatory approval.
India's Sept palm oil imports fall 33% m-o-m to six-month low
11/10/2024 (The Edge Malaysia) - India's palm oil imports in September fell by nearly a third from a month ago because of higher prices, hitting a six-month low, while sunflower oil imports plunged to a ten-month low, a leading trade body said on Friday.
Palm oil prices to improve on the back of strong export performance
13/10/2024 (New Straits Times), KUALA LUMPUR - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said.
How palm oil is driving progress in sustainability
14/10/2024 (The Edge Malaysia) - The Malaysian palm oil industry is undergoing a transformative journey towards sustainability. Having faced criticism in the past, the sector has been making great strides in prioritising environmental, social and governance (ESG) factors through a range of pioneering initiatives that go beyond regulatory compliance.
October WASDE maintains outlook for 2024-’25 soybean oil use in biofuel production
12/10/2024 (Biodiesel Magazine) - The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Oct. 11. The outlook for soybean oil prices is also unchanged.
CPO Futures Continue Downtrend Amid Higher Stock Levels
10/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downtrend today to close mostly lower for the third consecutive day amid signs of higher stock levels in the country following the Malaysian Palm Oil Board's (MPOB) September 2024 data release, a trader said.
Bursa mulls used cooking oil futures on biofuel demand
10/10/2024 (Bloomberg), Kuala Lumpur - Bursa Malaysia Bhd, the main exchange for the global palm oil market is considering launching a futures contract for used cooking oil as its demand as a biofuel feedstock grows.
Palm slides on profit-taking following bearish MPOB data
10/10/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures reversed early gains on Thursday as profit-taking weighed on the market following the release of the Malaysia Palm Oil Board’s (MPOB) demand and supply data.