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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
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Moderate showing seen for CPO this month
07/10/2022 (The Star Online), Petaling Jaya - PETALING JAYA: Crude palm oil (CPO) prices are expected to trade between RM3,500 and RM4,000 per tonne this month, as bearish stock levels are matched by fears over the monsoon season impacting production levels in the final quarter of the year.
Govt allocates RM70mil to improve palm oil industry's sustainability
07/10/2022 (The Star Online), Kuala Lumpur - A total of RM70 million is allocated to improve the palm oil industry’s sustainability, including encouraging the recycling of palm waste material, Minister of Finance Tengku Datuk Seri Zafrul Abdul Aziz said.
Malaysia’s palm oil inventories seen swelling to a 34-month high in Sep: survey
10/10/2022 (Hellenic Shipping News) - Malaysia’s palm oil inventories are expected to rise to 2.213 million mt in September, reaching their highest level since December 2019, an S&P Global Commodity Insights survey showed.
CPO futures to trade downside bias on weaker demand next week
08/10/2022 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives is expected to trade on downside bias due to weak demand, which might weigh on prices, a dealer said.
CPO futures end higher on strong external market sentiment
08/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended higher on Friday after seeing seven straight sessions of rising, largely driven by external factors of higher crude oil and soybean oil prices.
Sugar price hiked by Tk6/kg; palm oil price cut by Tk8/litre
The price of sugar has been increased by Tk6 per kg. With this increase, the price of open sugar now stands at Tk90 per kg and packaged sugar at Tk95 per kg.
Malaysia's palm planters eye robots, drones to combat labour crunch
Malaysian research student Haziq Ramli wore an outfit resembling a light jetpack, with poles strapped to his biceps, to wield a long pole that clipped the sharp fronds and heavy bunches of fruit from oil palm trees nearly twice his height.
Malaysia’s September palm oil stock may have surpassed October 2019 levels
MALAYSIA’S palm oil stock in September 2022 may have surpassed the previous level three years ago.
Palm oil rises
Malaysian palm oil futures rose on Thursday for a sixth session and their highest close in nearly two weeks, buoyed by concerns over wet weather and by a rally crude oil prices.
