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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
Palm oil falls on cautious trading ahead of output data
07/02/2024 (XM), Kuala Lumpur - Malaysian palm oil futures fell on Wednesday, snapping two consecutive sessions of gains, to trade almost flat, as output data from the world's second-biggest producer's industry regulator is awaited.
Sabah cabinet approves oil palm biomass industry policy
07/02/2024 (The Star Online), Kota Kinabalu - The Sabah cabinet has approved the Oil Palm Biomass Industry policy, says Chief Minister Datuk Seri Hajiji Noor.
CPO futures end higher for third consecutive day in line with CBOT
07/02/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the third consecutive day on Wednesday in line with the Chicago Board of Trade (CBOT) soybean oil market gains.
KPK: Stern action against sales of products with discriminatory palm oil labelling
07/02/2024 (The Sun), Putrajaya – The Ministry of Plantations and Commodities (KPK) will take stern action against any party involved in discriminatory or negative labelling of palm oil.
Planters’ 4Q23 earnings forecast to decline
08/02/2024 (The Star Online), Petaling Jaya - The earnings of plantations companies will be on the back foot for the final quarter of 2023 (4Q23) due to weaker crude palm oil (CPO) prices during the period.
India’s January palm oil imports hit 3-month low
05/02/2024 (Free Malaysia Today), Mumbai - India’s palm oil imports fell to a three-month low in January, as refiners increased buying of rival soyoil due to negative refining margins for crude palm oil (CPO), five dealers told Reuters on Monday.
PREVIEW-Malaysia palm oil stocks likely fell three straight months to end-January
05/02/2024 (Nasdaq), Jakarta - Malaysia's palm oil stocks likely fell for three straight months to the end of January, in line with seasonal low production in the world's second biggest palm oil producer, a Reuters survey showed on Monday.
Palm oil closes higher on output concerns
06/02/2024 (Hellenic Shipping News) - Malaysian palm oil futures reversed early losses and snapped a four-session losing streak to close higher on Monday, with concerns of lower January output and a weaker ringgit underpinning the market.
Why economists get their forecasts wrong?
05/02/2024 (The Jakarta Post) - Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.
