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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm slips over 1% on weaker soyoil, bearish MPOB data
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
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.
Malaysia's palm oil stocks hit 8-month high as consumption slows
10/10/2024 (Reuters), Kuala Lumpur - Malaysia's palm oil stocks rose more than expected in September to hit an eight-month high, as a sharp fall in local consumption outweighed a modest increase in exports and reduced production, the industry regulator said on Thursday.
Budget 2025: Ensuring The Sustainability Of The Palm Oil Industry
10/10/2024 (Business Today) - With the third Budget announcement by Prime Minister Datuk Seri Anwar Ibrahim since taking office is just a week away, palm oil industry player Pacific Inter-Link Sdn Bhd has listed out its wishlist hoping for crucial measures tabled during the session that could strengthen the sector, ensure its sustainability and continue to be globally competitive.
CPO FUTURES EXTEND LOSSES AHEAD OF MPOB DATA TOMORROW
09/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline on Wednesday due to profit-taking ahead of the Malaysian Palm Oil Board's (MPOB) September 2024 data due tomorrow, said a trader.
Indonesia’s palm oil sector worries over costs, security after EU deforestation law delay
09/10/2024 (South China Morning Post) - The European Union’s decision to delay the implementation of a deforestation law has drawn mixed reactions in Indonesia, the world’s largest palm oil producer. Some farmers expressed concerns that compliance costs would increase due to the postponement, while others see it as an opportunity to raise important issues, such as on national security.
Palm oil rises ahead of Malaysia's supply-demand report
09/10/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures inched higher on Wednesday, reversing earlier losses, as market participants awaited a key official domestic supply and demand data for further direction.
Indonesia plans to add palm oil to govt's online tracking system
09/10/2024 (Reuters), Jakarta - The Indonesian government is looking to include palm oil on its online tracking system in a bid to improve accountability and governance, senior minister Luhut Pandjaitan said on Wednesday.
India key mkt despite import duty hike: Malaysia Palm Oil Council Chief
09/10/2024 (Business Standard) - Malaysia remains optimistic about palm oil exports to India despite recent import duty hike, with the Malaysian Palm Oil Council (MPOC) Chairman Dato Carl Bek Nielsen emphasizing the long-standing trade relationship between the two countries.
