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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
Sarawak Plantation seems shielded from volatile palm oil prices, says MIDF
19/09/2022 (The Edge Markets), Kuala Lumpur - Sarawak Plantation Bhd’s healthy balance sheet is likely to help the group tide through a possible downcycle of the industry as crude palm oil (CPO) prices gradually lose steam, said MIDF Research.
CPO futures ends lower on concern over rising output, Chicago soybean oil weakness
19/09/2022 (The Edge Markets), Kuala Lumpur - The concern over rising output in the country coupled with the weakness in the Chicago bean oil market has dragged crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) lower on Monday (Sept 19).
Palm oil rebounds on strong demand outlook and weaker ringgit
19/09/2022 (The Malaysian Reserve) - PALM oil bounced back after slumping for two days on expectations of a rise in purchases by top consumers and as a weaker Malaysian currency made the tropical oil cheaper for overseas buyers.
Palm oil reverses early gains
20/9/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures reversed early gains to fall for a third straight session on Monday, as expectations of higher production in September outweighed strong demand.
Palm oil may retest support of 3,686 ringgit
20/9/2022 (Business Recorder), Singapore - Palm oil may retest a support of 3,686 ringgit per tonne, a break below which could be followed by a further drop into 3,542-3,608 ringgit.
Indonesia Still Considering Purchases of Russian Oil, Minister Says
19/09/2022 (The Diplomat) - Indonesia remains open to buying cheap oil “from anywhere,†including Russia, in order to keep the domestic price of fuel under control, the country’s energy minister said on Friday.
CPO futures trading may recover slightly
19/09/2022 (The Star Online) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives may see some trading recovery this week amid the current attractive price levels.
19/09/2022 (The Edge Markets), Kuala Lumpur - Sarawak Plantation Bhd’s healthy balance sheet is likely to help the group tide through a possible downcycle of the industry as crude palm oil (CPO) prices gradually lose steam, said MIDF Research.
