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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 ends lower on rising output, weak demand worries
Malaysian palm oil futures closed lower on Monday, weighed by concerns over higher production as well as weak demand after larger rival Indonesia lowered its exports tax.
Palm oil falls on outlook of ballooning rival soyoil supplies
KUALA LUMPUR: Malaysian palm oil futures fell on Monday, tracking losses in rival soyoil prices after a US government report pegged a record-high production, although a weaker ringgit capped losses.
U.K. to increase rapeseed, product output in 2023-24
MarketsFarm — With the rapeseed crop in the United Kingdom estimated at 66 per cent good to excellent, the U.S. Department of Agriculture attaché in London, forecast production for 2023-24 to be 1.38 million tonnes. That would make for a 1.4 per cent increase over the 2022-23 crop.
Ukraine benefits from EU ban on imports of sunflower seeds - Ukroliyaprom head
Ukraine is benefiting from the EU ban on imports of sunflower seeds to five neighboring countries, since domestic oil extraction plants are not provided with enough raw materials and are constantly experiencing a shortage of raw materials, Stepan Kapshuk, the director general of the Ukroliyaprom association, told Interfax-Ukraine.
Indonesia implements VLSFO price reduction
Indonesia's state-owned Pertamina has reduced its Indonesian very low-sulphur fuel oil (VLSFO) bunker prices by about 30pc in an effort to compete with other ports, namely Singapore.
Indonesia sets May 16-31 crude palm oil reference price at $893.23/t
JAKARTA: Indonesia set its crude palm oil (CPO) reference price at $893.23 per tonne for the period of May 16-31, a trade ministry decree published on Monday showed.
Palm oil still targets 3,707 ringgit
SINGAPORE: Palm oil still targets 3,707 ringgit per tonne, as it has stabilised around a support of 3,563 ringgit. The support is identified as the 50% retracement of a five-wave cycle from 3,288 ringgit.
M’sian palm oil firms not hiring from Bangladesh
KUALA LUMPUR: Some of Malaysia’s largest palm oil producers are not hiring workers from Bangladesh because of concerns over exploitative practices during recruitment, companies and labour consultants say.
India's April palm oil imports slump to 14-month low
(The Jakarta Post) - India's palm oil imports in April slumped 30 percent from a month earlier to hit a 14-month low, as the premium over rival soft oils prompted buyers to shift to sunflower oil and soyoil, a trade body said on Friday.
