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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
Oil palm industry growing
13/04/2023 (The National) - STATISTICS for the oil palm industry since the enactment of the Oil Palm Industry Corporation Act of 1992 have shown a steady increase in production and exports of crude palm oil.
Japan’s palm oil power push is faltering
13/04/2023 (Eco Business) = In 2011, Japan faced an unprecedented energy crisis after the Tohoku earthquake had devastated the country and badly damaged the Fukushima Daiichi Nuclear Power Plant. The country’s entire nuclear fleet – 54 plants in total – was shut down for safety reasons. For months, the country faced power shortages and the risk of blackouts.
VEGOILS-Palm drops for second day tracking weaker rival oils
13/04/2023 (Nasdaq), Jakarta - Malaysian palm oil futures slid for a second straight session on Thursday, to theirlowestclosing price in two weeks, weighed by softer rival oils and a firmer ringgit.
Palm oil may test support at 3,671-3,683 ringgit
13/04/2023 (Business Recorder), Singapore - Palm oil may test support of 3,671-3,683 ringgit per tonne, a break below which could open the way towards the 3,577-3,613 ringgit range. The contract is riding on a wave c, which is heading towards its 100% projection level of 3,671 ringgit.
The Essential Palm Oil Management Platform
12/04/2023 (Malaysia Kini) - Palm oil industry players in Malaysia has reached the point of letting thousands of tonnes of fruits to rot due to worker shortage.
Deforestation regulation: CPOPC urges EU not to exclude oil palm smallholders from supply chain
12/04/2023 (The Edge Markets), Kuala Lumpur - The Council of Palm oil Producing Countries (CPOPC) has published a briefing paper with recommendations and solutions to ensure the inclusion of oil palm smallholders in the supply chain for the European Union (EU) market under the EU Deforestation Regulation (EUDR).
12/04/2023 (China Dialogue) - In 2011, Japan faced an unprecedented energy crisis after the Tohoku earthquake had devastated the country and badly damaged the Fukushima Daiichi Nuclear Power Plant. The country’s entire nuclear fleet – 54 plants in total – was shut down for safety reasons. For months, the country faced power shortages and the risk of blackouts.
VEGOILS-Palm ends at 12-day low on muted April exports, higher output
12/04/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures slipped on Wednesday to its lowest closing in 12 days as weak April exports and forecasts of higher output weighed on market sentiment.
Palm ends at 12-day low on muted April exports, higher output
12/04/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures slipped on Wednesday to its lowest closing in 12 days as weak April exports and forecasts of higher output weighed on market sentiment.
