|
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's palm oil stocks peaked in October, in downward trend now
14/11/2023 (New Straits Times), Kuala Lumpur - Palm oil stockpiles peaked in October and began trending down from November, as palm production should have peaked by last month, said Hong Leong Investment Bank (HLIB Research).
DPM Fadillah: Malaysia confident of higher palm oil, related products exports to China
14/11/2023 (Malay Mail), Shanghai - The Ministry of Plantation and Commodities is confident that Malaysia’s exports of palm oil and palm oil-related products to China will further increase this year, with higher demand particularly from the republic’s oleochemical and animal feed sectors that are growing rapidly.
Indonesia doesn’t need Europe anymore, presidential frontrunner says
14/11/2023 (Politico EU) - Indonesia's leading candidate for president has said the country doesn't "really need Europe anymore," criticizing the bloc's ban on some Indonesian imports and suggesting his country should align itself more closely with other nations in Asia.
Analysts see El Nino to support CPO prices
14/11/2023 (Xinhua), Kuala Lumpur - Analysts have foreseen El Nino weather pattern to support crude palm oil (CPO) prices.
CPO futures expected to see profit-taking
13/11/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit-taking this week, with the price seen moving between RM3,400 and RM3,650 per tonne.
MPOB to expand palm oil products for Chinese companies, Muslim regions in China — Fadillah
13/11/2023 (The Edge Malaysia), Shanghai - Malaysia, via the Malaysian Palm Oil Board (MPOB), will continue its research and development (R&D) to increase palm oil-based value-added products for companies in China to export to Muslim regions within the country, Deputy Prime Minister Datuk Seri Fadillah Yusof said.
India's palm oil, sunoil imports rise to record highs; soyoil drops
13/11/2023 (Reuters), Mumbai - India's imports of palm oil and sunflower oil in 2022/23 surged by 24% and 54%, respectively, to record highs on a rebound in consumption and as both oils were available at a steep discount compared to rival soyoil, a leading trade body said on Monday.
Malaysia end-Oct palm oil stocks up 5.84% - MPOB
10/11/2023 (The Star Online), Kuala Lumpur - Malaysia's palm oil stocks at the end of October rose 5.84% from the previous month to 2.45 million metric tons, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Friday.
Indonesia, Malaysia bilateral economic ties consistently advancing – Ambassador
12/11/2023(The Malaysia Reserve), Labuan - The economic partnership between Indonesia and Malaysia is consistently advancing, marking a significant strengthening of bilateral ties, said Indonesian Ambassador to Malaysia Datuk Hermono.
