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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
FGV promotes MSPO logo on Saji cooking oil labels
12/03/2024 (New Straits Times), Kuala Lumpur - To promote sustainable practices in the palm oil industry, FGV Holdings Bhd has signed a strategic collaboration with Malaysian Sustainable Palm Oil (MSPO) to promote the latter's certification label on its Saji cooking oil products.
Palm oil rises on stronger Dalian rivals, lower output data
12/03/2024 (XM), Kuala Lumpur - Malaysian palm oil futures rose on Tuesday, buoyed by strength in Dalian edible oils and lower production figures in Malaysia,the world's second-biggest producer.
VEGOILS-Palm oil hovering around 8-month highs as stronger rivals offset lower exports
12/03/2024 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures were little changed on Tuesday after closing at near 8-month highs in the previous session, as stronger rival oils and crude oil prices offset a decline in exports.
Lower palm oil inventory in coming months to support high CPO prices — analysts
12/03/2024 (The Edge Malaysia), Kuala Lumpur - Plantation analysts expect a further decline in palm oil inventory in the coming months — after hitting a seven-month low in February — which will support the high average selling price of crude palm oil (CPO) in the face of tight supply, driven by reduced buying activities post-Chinese New Year and Ramadan.
Palm Oil Output Surges 2% Higher Than Last Year's Figures
12/03/2024 (Chem Analyst News) - The most recent report issued by the US Department of Agriculture (USDA) presents projections indicating a notable uptick in global palm oil production for the 2023/24 period, expected to reach an unprecedented 79.5 million tonnes. This forecast signifies a modest increase of nearly 2% in comparison to the preceding year.
Palm oil stocks at lowest level in seven months
12/03/2024 (The Star), Kuala Lumpur - Malaysia’s palm oil stocks at the end of February dwindled to their lowest levels in seven months as production hit a 10-month low, offsetting the slowdown in exports, says the industry regulator.
Higher export revenue from oil palm sector this year
11/03/2024 (Business Times), Our palm oil is poised to remain a key contributor to the nation's economy this year.
Palm oil production up 2% on previous year
11/03/2024 (Biofuels International), According to the US Department of Agriculture (USDA), global palm oil production in 2023/24 is set to rise to a record high of 79.5 million tonnes, exceeding the previous year's level by just under 2%.
Two companies in talks about producing hydro-treated vegetable oil as renewable fuel in Derry
11/03/2024 (Derry Journal), David Blevings, the Ireland manager of the trade association for liquid fuel heating equipment manufacturers, told the Northern Ireland Affairs Committee of the interest as he briefed them on biofuels.
