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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
Planters likely to deliver mixed 2Q23 performance
17/08/2023 (New Straits Times), Kuala Lumpur - Planters will likely register a mixed performance for their second quarter ended June 30, 2023 (2Q23) results, with most planters' year-on-year performance affected by a decline in upstream plantation earnings.
CPO futures close higher on expectation of slower output growth
17/08/2023 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Thursday on expectation of lower production growth in the country, a dealer said.
Malaysia can do more to halt deforestation, says MPOC chief
17/08/2023 (The Edge Malaysia), Kuala Lumpur - While Malaysia and Indonesia can be considered examples of “success stories” in deforestation, more needs to be done, said Malaysian Palm Oil Council (MPOC) chief executive Belvinder Kaur Sron.
HLIB ‘neutral’ on plantation sector, expects mixed Q2 results
17/08/2023 (Free Malaysia Today), Petaling Jaya - Hong Leong Investment Bank Bhd (HLIB) has maintained its “neutral” stance on the plantation sector as it expects plants to report a mixed set of performance for the second quarter of 2023 (Q2 2023).
Malaysia's palm oil board, Petronas to study use of palm waste as aviation fuel
16/08/2023 (Reuters), Kuala Lumpur - Malaysia's palm oil board and state oil firm Petronas (IPO-PETO.KL) have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel.
MPOB, PETRONAS to study production using cooking oil, palm wastes
16/08/2023 (The Star Online), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) and Petroliam Nasional Bhd (Petronas) are collaborating to conduct a study on the production of sustainable aviation fuel (SAF) with used cooking oil and palm wastes as the main raw materials.
VEGOILS-Palm oil advances to nine-day high on rising exports, weak ringgit
15/08/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures jumped for a second straight session on Wednesday and hit a nine-day high after a surge in exports during the first half of August and as the ringgit weakened.
Govt to procure 8m litres of soybean oil
16/08/2023 (Dhaka Tribune) - The government on Wednesday approved a proposal for procuring some eight million litres of soybean oil to meet the growing demand of edible oil in the country.
Indonesia sets Aug 16-31 crude palm oil reference price at $820.35/metric ton
16/08/2023 (Market Screener), Jakarta - Indonesia has set its crude palm oil (CPO) reference price at $820.35 per metric ton for the period of Aug. 16-31, according to a trade ministry regulation.
