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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
Govt slashes ghee, cooking oil price
17/10/2023 (Samaa.tv) - The federal government has taken steps to reduce the prices of popular ghee and cooking oil brands by up to Rs38 per kilogram at Utility Stores across the country.
Cargill to cease conventional palm oil suppy in the US
16/10/2023 (Supermarket Perimeter) - Cargill will now solely supply certified Roundtable for Sustainable Palm Oil (RSPO.) The company will no longer supply conventional palm oil in its United States portfolio.
Nigeria’s palm oil imports from Malaysia rises 65.3% despite weaker naira
16/10/2023 (Business Day Nigeria) - Nigeria’s Palm Oil imports from Malaysia – a top global producer have surged by 65.3 percent in the first nine months of 2023 despite naira devaluation and local players ramping up production, data from the Malaysian Palm Oil Council shows.
Indonesian futures-based CPO price plans 1Q 2024 debut
16/10/2023 (Argus Media) - Indonesia's crude palm oil (CPO) reference price based on futures is expected to be ready by next year's first quarter, according to commodity futures trading regulator Bappebti.
MPOPC’s BizMatch programme to boost collabrations between African, Malaysian Exporters
16/10/2023 (The Sun Daily), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) Business Matching (BizMatch) programme will be instrumental in cultivating partnerships and collaborations between African delegates and Malaysian palm oil exporters.
VEGOILS-Palm oil range-bound; weak ringgit and rising exports extend support
16/10/2023 (Nasdaq) - Malaysian palm oil futures eased on Monday in range trading but hovered near a two-week high hit in the previous session as a weaker ringgit and higher exports underpinned the contract.
Palm oil association says 2024 Budget left out two critical requests
Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) is disappointed that the 2024 Budget has ommitted two critical requests which would have acted as key enablers for the industry's growth.
MPOA disappointed as Budget wish list unfulfilled
Kuala Lumpur - The Malaysian Palm Oil Association (MPOA) has expressed disappointment that its "carefully outlined" wish list for Budget 2024 did not make it into the government’s budgetary priorities.
Indonesia has officially established a crude palm oil (CPO) exchange
Jakarta - Indonesia: Indonesia has launched a crude palm oil exchange that aims to make Indonesia the global determinant of palm oil prices, said Trade Minister Zulkifli Hasan, reported the Antara news agency.
