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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
Malaysia palm oil stocks hit 4-month low on output slump
10/01/2024 (The Star Online), Kuala Lumpur - Malaysia’s palm oil stocks hit a four-month low at the end of December as production slumped to its lowest level in six months, offsetting a slowdown in exports.
Malaysia’s palm oil stocks fall 4.64% to 2.29 mil tonnes in December
10/01/2024 (The Edge Malaysia), Kuala Lumpur - Malaysia’s total palm oil stocks fell by 4.64% to 2.29 million tonnes in December, from 2.40 million tonnes in November, according to the Malaysian Palm Oil Board (MPOB).
Malaysia’s Palm Oil Inventory Sees Significant Reduction in December 2023
10/01/2024 (BNN Breaking) - The palm oil sector of Malaysia, the world’s second-largest producer, experienced a significant dip in December 2023. According to the Malaysian Palm Oil Board (MPOB), the country’s palm oil stock decreased by 4.64% to 2.29 million tons from 2.4 million tons in November. This reduction marks a four-month low for the industry, reflecting a slump in production coupled with a slowdown in exports.
Experts divided over El Nino’s impact on 2024 palm oil yields
09/01/2024 (Free Malaysia Today), Petaling Jaya - The El Nino weather phenomenon is expected to lead to a decline in palm oil yield in 2024, but experts differ on the extent of the impact on production.
Malaysia palm oil firm Johor Plantations files IPO draft prospectus
09/01/2024 (New Straits Times), Singapore - Malaysian palm oil company Johor Plantations Group has filed a draft prospectus for a domestic initial public offering (IPO), which capital markets publication IFR said would be worth up to US$180 million.
VEGOILS-Palm struggles for momentum as investors await MPOB data
08/01/2024 (Nasdaq), Jakarta - Malaysian palm oil futures were little changed on Tuesday as market participants awaited monthly Malaysian Palm Oil Board (MPOB) data scheduled for release on Wednesday for further direction.
Godrej Agrovet interested to set up palm oil processing unit in Telangana
09/01/2024 (Business Standard) - The Telangana government on Tuesday said that Godrej Agrovet Company Ltd has expressed interest in setting up an integrated palm oil processing unit in collaboration with Malaysia-based company Sime Darby in Khammam district.
Foreigners can buy subsidised cooking oil, same purchase limits apply
09/01/2024 (The Star Online), Klang - There is no restriction on foreigners buying subsidised cooking oil packets but they are subject to the same purchase limits as Malaysians, says Datuk Armizan Mohd Ali.
No excuse for local firms to manipulate no palm oil labelling rule
08/01/2024 (New Straits Times) - AFTER the catastrophic conflict in Gaza, the whole world has been calling for all kinds of boycotts of products.