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CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm oil consumption forecast to increase
NEARLY TWO DECADES ON, EUROPE CONTINUES TO DRIVE GLOBAL DEMAND FOR RSPO CERTIFIED PALM OIL
08/04/2024 (PR Newswire), Kuala Lumpur - Nearly two decades ago, the European market marked a milestone in the global trade of palm oil when a shipment of barrels bearing the Roundtable on Sustainable Palm Oil (RSPO) trademark arrived in Rotterdam, the Netherlands on 11 November 2008. The shipment, originating from Malaysia, contained the world's first cargo of certified sustainable palm oil (CSPO).
Nizamabad: Biodiesel unit using automotive tech faces challenges in sourcing raw materials
08/04/2024 (The Indian Express), Nizamabad - The palm oil based biodiesel unit, Renjarla Energy Pvt Ltd., utilising automotive technology has been facing significant challenges in sourcing raw materials from various places, hindering production continuity. Due to this, entrepreneurs are unable to continue production and increase their business as per market demand.
Bullish outlook seen for Malaysian crude palm oil futures
08/04/2024 (The Business Times) - THE benchmark active Malaysian crude palm oil futures contract broke out of a mid-term parabolic bowl accumulation pattern in the middle of March this year, a technical pattern that had been forming since July 2023.
Malaysian palm oil futures decline
07/04/2024 (Business Recorder), Jakarta - Malaysian palm oil futures closed lower on Friday but posted weekly gains, while market participants awaited March inventory data from the Malaysian Palm Oil Board (MPOB).
Cooking oil supply drops in Kelantan market ahead of Raya
07/04/2024 (The Star), Kota Bharu - The Kelantan Ministry of Domestic Trade and Cost of Living has found a slight decrease in the supply of cooking oil in the market due to the strong demand ahead of the Hari Raya celebration.
Vegetable oil causes food commodity index to simmer – FAO
05/04/2024 (Just Food) - Rising international prices of vegetable oils, dairy products and meat pushed the index towards its first increase in seven months, the FAO said.
India's Adani Wilmar sees double-digit percentage growth in Q4 edible oil sales
05/04/2024 (Reuters), Bengaluru - India's Adani Wilmar forecast double-digit percentage growth in fourth-quarter edible oil sales on Friday, driven by strong demand during the festive season in the world's biggest importer.
Packet cooking oil: Domestic Trade Ministry receives 10 complaints
07/04/2024 (Malay Mail), Sungai Petani - The Kedah Ministry of Domestic Trade and Cost of Living (KPDN) has received 10 complaints regarding the supply of cooking oil for the period between March 12 and today (April 7).
CPO futures extend bullish run amid rising oil prices
03/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its rally on Wednesday to close above RM4,400 a tonne following a surge in crude oil prices, said a dealer.
