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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
Fitch Ratings expects crude palm oil to average US$850 a tonne in 2023
28/12/2022 (The Edge Markets), Kuala Lumpur - Malaysian benchmark crude palm oil (CPO) spot prices will average US$850 (RM3,763.80) per tonne in 2023, significantly lower than US$1,175 per tonne in 2022, according to Fitch Ratings.
VEGOILS-Palm oil scales near four-week peak on China reopening hopes
28/12/2022 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures ticked up on Wednesday, hovering near a near four-week high on hopes of a recovery in demand after China eased COVID-19 curbs.
Malaysia keeps January crude palm oil export duty at 8%
28/12/2022 (The Star Online), Kuala Lumpur - Malaysia has maintained its January export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.
Boilermech solidifies presence in RE
28/12/2022 (The Star Online), Petaling Jaya - Boilermech Holdings Bhd’s full ownership of Tera Sdn Bhd is expected to solidify the group’s existence in the renewable energy (RE) space, says Kenanga Research.
Bursa rebound for banking, plantation stocks today?
28/12/2022 (New Straits Times), Kuala Lumpur - There should be some rebound for banking stocks on Bursa Malaysia today after suffering a sell-down yesterday, Rakuten Trade said.
Kim Loong sees stronger growth in FY23
28/12/2022 (The Star Online), Kuala Lumpur - Kim Loong Resources Bhd, which posted a net profit of RM36.74mil in the third quarter ended Oct 31 (3Q), expects to perform well and achieve a record high revenue and profit for the financial year ending January 31, 2023 (FY23).
Malaysia's Dec 1-25 palm oil exports fall 0.8% -ITS
26/12/2022 (Nasdaq), Kuala lumpur - Exports of Malaysian palm oil products for December 1-25 fell 0.8% to 1,262,147 tonnes from 1,272,721 tonnes shipped during November 1-25, cargo surveyor Intertek Testing Services said on Monday.
Palm oil jumps most in five months on China's move to relax curbs
27/12/2022 (The Edge Markets) - Palm oil posted its biggest advance since July as China's decision to end quarantine for inbound visitors buoyed expectations that demand in one of the world's top consumers of edible oils will improve.
Palm oil logs second weekly drop on weak demand
26/12/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended losses on Friday to hit a 10-day closing low, and logged a second weekly decline due to poor demand and weaker rival oils.
