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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 sector to gain from Johari’s Cabinet appointment
13/12/2023 (Free Malaysia Today), Petaling Jaya - Palm oil industry players have welcomed Johari Ghani’s appointment as plantation and commodities minister following yesterday’s Cabinet reshuffle and expect him to improve the agricultural sector’s governance and practices.
CPOPC urges palm oil producing countries facing EUDR to remain calm, stay optimistic next year
13/12/2023 (New Straits Times), Kuala Lumpur - Palm oil producing countries should remain calm and optimistic next year and not get nervous about facing the European Union Deforestation Regulation (EUDR) that will be enforced in 2025, according to the Council of Palm Oil Producing Countries (CPOPC).
Crucial 2024 likely for palm oil industry
13/12/2023 (The Star Online), Kuala Lumpur - The Council of Palm Oil Producing Countries (CPOPC) views 2024 to be a critical year for the palm oil industry, underpinned by the upcoming enforcement of the new European Union Deforestation-Free Regulation (EUDR) as well as other new legislations.
Research houses forecast softer CPO prices in December
13/12/2023 (Malay Mail), Kuala Lumpur - The average local crude palm oil (CPO) delivery price is forecast to close 0.4 per cent month-on-month lower to RM3,684 per tonne in December from RM3,700.5 per tonne in November due to the abundance of year-end stocks, said MIDF Research.
Kinergy Advancement in bioenergy partnership to innovate palm oil industry
12/12/2023 (The Star Online), Kuala Lumpur - Kinergy Advancement Bhd (KAB) has teamed up with Agromate Holdings Sdn Bhd, to spearhead bioenergy or renewable energy (RE) generation across palm oil mills (POM) in the country.
Malaysia's palm oil stocks falls 1.09% to 2.42 mln tonnes in November
12/12/2023 (The Star Online), Kuala Lumpur - Malaysia’s total palm oil stocks fell by 1.09 per cent to 2.42 million tonnes in November from 2.45 million tonnes in October, according to the Malaysian Palm Oil Board (MPOB).
VEGOILS-Palm oil ends flat as lower stocks offset slowing exports
12/12/2023 (Nasdaq), Mumbai - Malaysian palm oil futures ended a volatile session flat on Tuesday, as a drop in inventories offset a slowdown in December exports.
HLIB keeps 'hold' on TSH Resources, says upside capped by absence of earnings growth catalyst
12/12/2023 (The Edge Malaysia), Kuala Lumpur - Hong Leong Investment Bank (HLIB) remains cautious about TSH Resources Bhd, amid concerns over flattish fresh fruit bunch (FFB) output growth, while crude palm oil production cost will be maintained at current levels.
Adani Wilmar Expects 'Comfortable' Prices, Wedding Season To Boost Sales
12/12/2023 (NDTV Profit Online) – The six-month-long wedding season in India is expected to boost Adani Wilmar Ltd.'s sales, as edible oil prices are "comfortable". This demand gives a lot of buoyancy to consumption, which will continue till mid-April, Angshu Mallick, managing director and chief executive of Adani Wilmar, told NDTV Profit at the sidelines of an industry event in Mumbai.
