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CPO price forecast to climb for rest of the year
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Malaysian palm oil extends losses amid China tariff fears, weak demand
Palm Reserves in Malaysia to Hit 9-Month Low as Exports Soar
05/04/2023 (The Malaysian Reserve) - PALM oil stockpiles in Malaysia likely plunged the most in more than two years in March, dropping below the 2 million-ton level, as exports jumped and production in the second-biggest grower continued to weaken.
VEGOILS-Palm oil falls after hitting highest in nearly three weeks
04/04/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures fell on Wednesday as traders booked profits after the contract hit a nearly three-week high in the previous session, and was further weighed by a stronger ringgit.
VEGOILS-Palm ends two-day rally, lower stockpiles limit losses
05/04/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures slipped more than 2% on Wednesday, ending a sharp two-day climb, although a forecast of shrinking stockpiles limited the losses.
VEGOILS-Palm falls after recent gains, lower stockpiles limit losses
05/04/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures slipped on Wednesday after touching a near three-week high the previous day, although a forecast of shrinking stockpiles limited the losses.
Cooking oil: Govt looking at implementing two-tier pricing system
05/04/2023 (The Star Online), Kuala Lumpur - The government is studying to implement a two-tier pricing mechanism to control the market price of cooking oil for domestic consumption.
Palm oil rise 2% to near three-week closing high
Malaysian palm oil futures jumped on Tuesday, hitting their highest closing levels in nearly three weeks, as traders covered positions following a surge in crude prices.
Malaysia and China signs partnership to stabilize palm oil supply chain
Malaysia said on Sunday, April 2, that the country has signed a memorandum of understanding with a Chinese government-backed trade association to enhance palm oil trade and cooperation.
Consider rising cost of CPO production when reviewing windfall profit levy: MPOA
KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) has urged the government to take into consideration the rising cost of production of crude palm oil (CPO) when determining the revised price of the windfall profit levy.
Palm oil may gain further to 3,963 ringgit
A retracement analysis on the downtrend from 4,425 ringgit reveals a break above the key barrier of 3,853 ringgit. The breaks increased the chance of a gain into 3,963-4,072 ringgit range. However, time is against bulls.
