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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm retreats from 21-month high on stock outlook, weak exports
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
VEGOILS-Palm oil tracks soyoil higher for third day, weak demand weigh
15/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures on Thursday tracked rival soyoil prices higher for a third consecutive session, although bigger stockpiles and weak demand capped the gains.
VEGOILS-Palm oil in range-bound trade, dry weather and weak demand weigh
15/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures traded in a tight range on Thursday as traders weighed bigger May stockpiles against concerns over weak demand and dry weather hitting production.
Indonesia's April palm oil exports at 2.13 mln tonnes, down 2% y/y
15/06/2023 (Nasdaq), Jakarta - Indonesia's palm oil exports, including refined products, fell 1.93% annually to 2.13 million tonnes in April, data from the Indonesian Palm Oil Association showed on Thursday.
MPOC: Palm oil industry can lead in sustainable agriculture practice
14/06/2023 (The Star Online), Kuala Lumpur - The palm oil industry has the potential to lead in sustainable agricultural practices, said Malaysian Palm Oil Council (MPOC) chairman Datuk Carl Bek-Nielsen.
Palm oil rises for third day on concerns over dry weather
15/06/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose on Thursday for a third consecutive session, lifted by concerns over hot weather cutting output of both the edible oil and rival U.S. soybeans.
New source market. Thailand comes to India’s rescue with crude palm oil exports
14/06/2023 (The Hindu Business Line) - In April 2022, Indonesia (one of the major palm oil producers in the world) announced a ban on the export of palm oil, which resulted in a shortage of edible oils in the global market. It also proved to be a turning point for Thailand, which till then was a minor supplier of crude palm oil (CPO) to India.
MPOB: EUDR will not affect palm oil growth, revenue
14/06/2023 (The Borneo Post), Kuala Lumpur - The implementation of the European Union Deforestation-free Regulation (EUDR) will not affect Malaysia’s palm oil growth and revenue as European Union imports are insignificant compared to other countries.
VEGOILS-Palm oil jumps 3% on stronger rivals, dry weather
14/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures surged on Wednesday for a second straight session, hitting a two-week high, tracking a rally in rival edible oils underpinned by concerns over dry weather conditions.
Soft demand for CPO can lead to higher stockpile
14/06/2023 (The Star Online), Petaling Jaya - The soft demand for crude palm oil (CPO) could potentially lead to higher stockpile expectations in the near future.
