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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
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm slips over 1% on weaker soyoil, bearish MPOB data
On a steady, winning track
05/08/2024 (The Edge Malaysia) - Established in 1993, Sabah-based Innoprise Plantations Bhd (KL:INNO) is primarily involved in the cultivation of oil palms and processing of fresh fruit bunches (FFB) to produce crude palm oil (CPO) and palm kernel (PK). Its operations span 22,763ha in the Gunung Rara or Kalabakan area, with 54% currently being used for oil palm cultivation and 12% for industrial tree plantations.
Vegetable oil trader sets eyes on Europe
05/08/2024 (Malaya Business Insight) - Vegetable Oils trader Ares Merchants Philippines Inc. (AMPI) targets to ramp up its export activities to support the country’s goal of strengthening the local coconut industry.
Cpo Futures End Lower On Stronger Ringgit
01/08/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower as a stronger ringgit continued to weigh on palm oil prices, a dealer said.
Palm oil falls for second session as firmer ringgit, rival oils weigh
01/08/2024 (Reuters), Jakarta - Malaysian palm oil futures dropped for a second consecutive session on Thursday as a stronger ringgit and weakness in rival vegetable oils weighed on the contract.
Indonesia's palm oil DMO rule changes will not affect export ratio, official says
01/08/2024 (The Edge Malaysia), Jakarta - Indonesia's plan to revise domestic market obligation (DMO) rules for palm oil will not affect the DMO export ratio, a senior trade ministry official said on Thursday.
Malaysian palm oil future drops on strong ringgit
01/08/2024 (Business Recorder), Jakarta - Malaysian palm oil futures fell and posted a second straight monthly drop on Wednesday despite strong July export as a stronger ringgit weighed down the price. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange lost 6 ringgit, or 0.15%, to 3,909 ringgit ($851.26) a metric ton at closing. The contract is down 0.18% for the month.
Agency calls for removal of 10pc tax on crude palm oil
01/08/2024 (People Daily) - Manufacturers of vegetable oil now want the government to remove the 10 per cent duty on crude palm oil.
Soybeans Slipping as Bean Oil Falls
01/08/2024 (Bar Chart) - Soybeans are feeling some pressure this morning as front months are down 4 to 6 cents at midday. September Soymeal futures are up $1.90/ton so far on the session. Soy Oil futures were are facing weakness, with September down 90 points.
Palm oil drops on strong ringgit, posts second monthly fall
31/07/2024 (Reuters), Jakarta - Malaysian palm oil futures fell and posted a second straight monthly drop on Wednesday despite strong July export as a stronger ringgit weighed down the price
