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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
Mixed prospects for plantation sector
05/01/2024 (The Star Online), Petaling Jaya - Analysts are maintaining a “neutral” stance on the plantation sector, citing the absence of clear catalysts and a landscape of mixed prospects.
Indonesia Confident About Winning EU Lawsuit on Palm Oil Biofuel
04/01/2024 (Jakarta Globe), Jakarta - World’s largest palm oil producer Indonesia is confident about winning its biofuel lawsuit against the European Union (EU) while saying that the ongoing dispute will not affect the negotiations on the long-awaited trade pact with the 27-membered bloc.
HLIB maintains CPO price at RM4,000 per tonne this year
04/01/2024 (Malay Mail), Kuala Lumpur - The crude palm oil (CPO) price will likely remain lacklustre in the next few months, possibly until the second quarter of 2024 in the absence of catalysts, said Hong Leong Investment Bank (HLIB) today.
Indonesia 2023 domestic palm oil sales obligation hit 3.26m tons
04/01/2024 (Nikkei Asia) - Indonesia recorded domestic sales obligation realization of 3.26 million metric tons in 2023, which translated into 25.2 million tons in export permits, Trade Ministry official Syailendra said on Thursday.
VEGOILS-Palm oil rebounds on dip in output, stronger crude oil prices
04/01/2024 (Nasdaq), Singapore - Malaysian palm oil futures rose on Thursday, snapping four consecutive sessions of losses, underpinned by a decline in production and firmer crude oil prices.
India's December palm oil imports hit four-month high as sunoil doubles — dealers
03/01/2024 (The Edge Malaysia), Mumbai - India's palm oil imports rose in December to their highest in four months, as purchases of refined palm olein surged because of competitive prices, five dealers told Reuters on Wednesday.
CPO futures end lower for 2nd straight day in tandem with soybean oil price
03/01/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended another day lower as weaker soybean oil prices continued to weigh on market sentiment.
New research could make turning waste cooking oil into biofuel easier and quicker
03/01/2024 (De Montfrort University) - Researchers at De Montfort University Leicester (DMU) have pioneered a new manufacturing process which could make the creation of biofuel from waste cooking oil faster and more efficient.
Planters likely to gain from lower production cost
04/01/2024 (The Star Online), Petaling Jaya - Plantation companies are anticipated to benefit from lower production cost due to weaker fertiliser expenses and higher productivity in 2024 while crude palm oil (CPO) price remains high at about RM3,700 per tonnes for the year.
