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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
Bangladesh seeks IFAD support to boost wheat and edible oil production
25/07/2023 (Prothom Alo) - Prime Minister Sheikh Hasina has requested support from the International Fund of Agricultural Development (IFAD) to enhance wheat and edible oil production in Bangladesh, UNB reports.
In Honduras, a democratic approach to palm oil defies the status quo
25/07/2023 (China Dialogue) - The palm oil cooperative Hondupalma stands as a beacon of hope against a backdrop of violence in Honduras, according to several people involved with the company. By bringing together over 600 small landowners, all of whom are partners in the company, Hondupalma defies the prevalent model of large family-owned palm oil companies, they explain, adding that it also empowers communities.
VEGOILS-Palm oil drops tracking weaker rivals in Dalian
24/07/2023 (Nasdaq), Jakarta - Malaysian palm oil futures fell on Monday, extending declines in the early trade, dragged by weaker vegetable oils in the Dalian Commodity Exchange.
Dramatic fall in palm oil imports into the EU
24/07/2023 (Biofuels International) - EU member states imported significantly less palm oil in the marketing year 2022/23 than the previous year.
Palm oil up over news on Ukraine port attack
24/07/2023 (Business Recorder), Jakarta - Malaysian palm oil futures rose significantly on Monday, with the highest closing price of more than four months, over the news of Ukraine port attacked by Russia.
RHB Research raises CPO price estimates for 2024, 2025 on El Nino effect
24/07/2023 (The Edge Malaysia), Kuala Lumpur - RHB Research has raised its projections for crude palm oil (CPO) prices to RM3,900 per tonne in 2024, and RM3,800 per tonne in 2025, as it believes that the impact of the El Nino weather phenomenon will only be felt next year.
Biodegradable plastics produced from waste vegetable cooking oil, a more sustainable approach
24/07/2023 (News Straits Times), Kuala Lumpur - Waste vegetable cooking oil may soon be used to make cutlery and food packaging.
What keeps cooking oil prices on simmer?
24/07/2023 (Times of India) - In 2021-22, India consumed 25. 8 million tonnes (MT) of vegetable oil, around 6 MT more than what it consumed a decade before.
CPO futures likely to experience cautious trading
24/07/2023 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is anticipated to experience cautious trading this week as market participants zero in on the United States Federal Reserve’s interest rate decision on Wednesday, according to an analyst.
