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OILS & FATS
20-09-2024

MPOC Calls On EU To Delay The Implementation Of EUDR

19/09/2024 (Business Today) - The Malaysian Palm Oil Council has urged the European Commission to delay the implementation of the EU Deforestation Regulation (EUDR) with the deadline of implementation set for30th December 2024.

OILS & FATS
20-09-2024

Soybeans Showing Positive Trade at Thursday’s Midday

19/09/2024 (Barchart) - Soybean futures are posting 1 to 2 cent gains so far on Thursday with solid export bookings is this morning’s report. CmdtyView’s national front month Cash Bean price is up 1 ¼ cents at $9.54 3/4. Front month Soymeal futures are up $1.40/ton. Soy Oil futures are up 88 points so far on the day.

OILS & FATS
19-09-2024

CPO prices to remain stable between RM3,850 and RM4,050: MPOC

18/09/2024 (New Straits Times), Kuala Lumpur - Palm oil prices are expected to remain steady at RM 3,850 this month, despite approaching peak production season, according to the Malaysian Palm Oil Council (MPOC).

OILS & FATS
19-09-2024

CPO futures snap three-day losing streak to end higher

18/09/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Wednesday as the market expects a resumption of vegetable oil demand from India for the upcoming festive season, said a trader.

OILS & FATS
19-09-2024

India’s import tax hike, peak 4Q production to drag CPO prices down, say analysts

18/09/2024 (The Edge Malaysia), Kuala Lumpur - Analysts predict a price correction for crude palm oil (CPO) in the fourth quarter of this year (4Q2024), primarily due to India's recent decision to raise import taxes on edible oils and the upcoming peak production season, especially in Indonesia.

OILS & FATS
19-09-2024

India's edible oil demand to rise despite hefty import duty hike

18/09/2024 (Reuters), Mumbai - India's edible oil consumption is set to grow at a pace of 2%-3% as cooking oils remain affordable despite an import duty hike, a leading importer told Reuters on Wednesday.

OILS & FATS
19-09-2024

Indonesia plans to cut export duty on palm oil

18/09/2024 (Business Line) - Indonesia, one of the largest exporters of palm oil, plans to cut export duty on palm oil early next month to support its farmers amid drop in demand.

OILS & FATS
19-09-2024

Swiss govt supports Sabah’s Jurisdictional Approach for Sustainable Palm Oil

18/09/2024 (Borneo Post Online), Kota Kinabalu - The Embassy of Switzerland in Malaysia conducted a significant visit to Kota Kinabalu on September 12 and 13, engaging with key stakeholders driving the Sabah Jurisdictional Approach for Sustainable Palm Oil (JASPO).

OILSEEDS
19-09-2024

Soybeans Falling Off Early Session Highs

18/09/2024 (Barchart) - Soybeans were posting double digit gains to start the day session, but are fading back to just 1 to 2 cent higher trade at midday. CmdtyView’s national front month Cash Bean price is up 1 ¾ cents at $9.46 ¾. Front month Soymeal futures are down $2.10/ton. Soy Oil futures are up just 12 points at midday.

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PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 23 Nov 2024

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PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 23 Nov 2024

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