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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
3F Oil Palm signs Rs 550 crore pact with Andhra for plantation, processing
05/10/2023 (Business Standard) - Palm oil company 3F Oil Palm on Wednesday said it has inked an agreement with the Andhra Pradesh government to invest Rs 550 crore over next five years for oil palm plantation, development and processing.
Plans to expand B10 programme, slash windfall tax lift CPO futures higher
04/10/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended modest gains on Wednesday due to the government’s plan to expand the B10 biodiesel programme and its proposal to reduce the windfall levy.
VEGOILS-Palm ends higher for second session on stronger rival oils
04/10/2023 (Nasdaq), New Delhi - Malaysian palm oil futures closed higher on Wednesday, extending gains to a second session after two days of losses, supported by stronger rival oils.
Malaysia's end-September palm oil stocks seen at 11-month high on rising output
04/10/2023 (Channel News Asia), Jakarta - Malaysia's palm oil stocks at the end of September likely rose to the highest since October 2022, amid higher output despite increased exports, a Reuters survey showed on Wednesday.
World's biggest palm oil exchange sets sights on soyoil futures
MUMBAI (Oct 3): Bursa Malaysia Derivatives Exchange (BMD), known for offering the most liquid crude palm oil futures in the world, is planning to launch soyoil futures in the first quarter of the next year, a senior exchange official said.
Indonesia 2023 palm oil output seen up 5% y/y -GAPKI
Indonesia’s Palm Oil Association (GAPKI) expects a 5% increase in the country’s output of the commodity thisyear and sees stocks at around 3.2 million metric tons by the year’s end, secretary general M. Hadi Sugeng told reporters on Tuesday.
Oil palm planters need to raise yields to combat production cost hike, say CIMB’s Ng
KUALA LUMPUR (Oct 3): Malaysian oil palm planters should focus on improving production yields by accelerating replanting activities to help offset the cost hikes, according to CIMB Investment Bank Bhd plantation analyst Ivy Ng Lee Fang, who is also the head of research.
Malaysia mulls expansion of B10 biodiesel usage to industrial sector
KUALA LUMPUR, Oct 3 (Reuters) - Malaysia is considering expansion of its B10 biodiesel programme, which requires the mandatory use of 10% palm oil, to the industrial sector, its plantations and commodities minister said on Tuesday.
Argentina extends soy export incentives to shore up foreign reserves
Argentina’s government said on Monday it will extend a program to incentivize grains exports in a push to shore up the country’s meager foreign reserves, as it looks to meet targets set by the International Monetary Fund amid an economic crisis.
