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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
Nigerian govt happy with 1st biodiesel plant in Calabar – VP Shettima
25/03/2024 (Daily Post), Vice President Kashim Shettima, represented by his Special Adviser on Economic Affairs, Tope Fasua has described Cross River State as the economic harbinger of Nigeria going by the arrays of energy potentials she is endowed with.
VEGOILS-Palm oil posts 2% weekly fall on consolidation after recent uptick
22/03/2024 (Reuters), Singapore - Malaysian palm oil futures fell on Friday to mark its first weekly loss in five as it consolidated after a recent bullish episode, while lower edible and crude oil prices added to the decline.
CPO futures likely to trade on cautious mode this week
25/03/2024 (The Star), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways this week as traders remain on a cautious mode, a dealer says.
Covid-19 remembered: The oil palm business continuity
25/03/2024 (The Star), IN March 2020, Malaysia confronted the onset of Covid-19 pandemic, prompting the imposition of a nationwide movement control order (MCO) to curb the virus’s spread.
Prices of Chocolate, Olive Oil Products Rise; Harvests Hit Hard by Unseasonable Weather
25/03/2024 (The Japan News), The cost of raw materials has been soaring due to unseasonable weather overseas, leading to the prices of products such as chocolate and olive oil to continue rising. Combined with rising costs of labor and logistics, a heavy burden has been placed on the consumer.
Olive Oil Producers in Portugal Celebrate Country’s Second-Highest Yield
21/03/2024 (Olive Oil Times), From the traditional groves in the north to the super-high-density plantations of the south, producers across Portugal overcame winter rain to achieve a bountiful harvest.
Palm oil reverses course amid production growth uncertainty
21/03/2024 (XM), Jakarta - Malaysian palm oil futures dropped on Thursday, erasing earlier gains, amid uncertainty over production growth and some correction in rival vegetable oils.
EU’s ban on palm oil import seen as biased
22/03/2024 (The Star), Kuala Lumpur - The European Union’s (EU) ban on the import of palm oil as a biofuel by 2030 is seen as lacking in transparency and scientific reliability, which provides an inaccurate view of the sustainability practices practised in the country’s biofuel industry.
Bursa Malaysia Derivatives reports all-time high daily open interest for crude palm oil futures
21/03/2024 (New Straits Times) Kuala Lumpur - Bursa Malaysia Derivatives Bhd has reported an all-time high in daily open interest for its benchmark price-setting crude palm oil futures (FCPO) contract in March.
