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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
Cooking oil still going to Thailand
09/10/2023 (New Straits Times), Kota Baru - Malaysia's subsidised cooking oil, both bottled and in 1kg polybags, continue to be smuggled out of the country due to high demand from Thailand.
Cooking oil, ghee prices unchanged in Pakistan despite global drop
10/10/2023 (Ary News), Karachi - The prices of cooking oil and ghee remained unchanged in Pakistan despite a drop in the global market, ARY News reported on Monday.
Gov’t resorts to certification of palm oil producers to conserve environment
09/10/2023 (The Independent), Kampala, Uganda - The Ministry of Agriculture, Animal Industry, and Fisheries (MAAIF) has initiated a certification process for palm oil smallholder farmers.
Palm oil futures log 4.4% weekly loss on sluggish overseas demand
Malaysian palm oil futures closed lower on Friday, extending losses for a third straight session and posting a 4.4% weekly fall, as demand from top buyers India and China dropped.
Crisis looms as palm oil trees age
KALIMANTAN, Indonesia (BLOOMBERG) – Local farmers, regional governments and consumers across swaths in Southeast Asia are facing a crisis over maturing palm oil trees, some as tall as a 12-storey building, turning them into a multi-billion dollar headache.
Stocks, exports data to set direction for CPO futures next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is set to trade in cautious mode next week as investors await further clarity from the latest stocks and exports data.
Palm oil futures dip
NEW DELHI: Malaysian palm oil futures closed lower on Friday, extending losses for a third straight session and posting a 4.4% weekly fall, as demand from top buyers India and China dropped.
Malaysian diplomat discusses trade opportunities in Okara
OKARA: Malaysian High Commissioner Muhammad Azhar Bin Mazlan with a three-member delegation met with the delegation of the Okara Chamber of Commerce & Industries (OCCI) on Saturday. He laid the foundation stone for a 100-bed hospital. This project will be funded by philanthropists of the Okara Patient Welfare Association (OPWA).
US Cash Grains-Soybean basis bids steady to firmer before weekend
Spot basis bids for soybeans were steady to higher in the U.S. Midwest on Friday as farmers focused on accelerating the progress of their autumn harvests, dealers said.
