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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Malaysia's burgeoning palm oil stockpile threatens to weigh on prices — analysts
11/06/2024 (The Edge Malaysia), Kuala Lumpur - Malaysia’s stockpile of palm oil may continue to swell in the coming months on seasonal strength in production and weigh on prices, analysts cautioned.
Canola values weaker to start of June
11/06/2024 (Farm Ranch Guide) - Cnola prices weakened in early June, dropping three consecutive days up to June 5. Outside markets and competing oilseeds have dragged the market lower. With favorable crop conditions in the U.S. and Canada, markets have been subdued.
Palm oil stocks hit 3-month high in May despite export boost
10/06/2024 (Free Malaysia Today), Petaling Jaya -Malaysia’s palm oil stocks rose marginally to a three-month high in May, as strong exports were offset by a rebound in production, said the Malaysian Palm Oil Board (MPOB).
There’s more to Asia-Middle East trade than oil
10/06/2024 (Free Malaysia Today), Petaling Jaya - There is some US$47 billion (RM221.84 billion) in untapped trade between Southeast Asia and the Middle East, said HSBC, highlighting an emerging economic corridor linking some of the world’s fastest-growing regions.
Palm oil by-product transforms into PVC thermal stabilizer with possibilities for recycling and sustainability
10/06/2024 (Phsy.Org) - The quest for sustainable alternatives to conventional materials has led to the exploration of waste by-products as potential resources. In a novel approach, researchers from the Institut Teknologi Bandung have developed a method to synthesize an organotin mercaptide-based thermal stabilizer from palm fatty acid distillate (PFAD), a by-product of the palm oil refining industry. This development not only offers a solution to the disposal of PFAD but also presents a competitive alternative to existing PVC stabilizers.
Malaysia's palm oil stocks rise to 1.75 mln tons in May
10/06/2024 (English News.cn), Kuala Lumpur - Malaysia, the world's second largest palm oil producer, saw its palm oil stocks grow 0.5 percent from the previous month to 1.75 million tons in May, official data showed Monday.
Indonesia to conclude free trade talks with Russia-led union in July
10/06/2024 (The Business Times) - INDONESIA expects to conclude discussions on a free trade agreement with the Russian-led Eurasian Economic Union (EEU) in July, its chief economic minister said on Monday (Jun 10).
More agricultural deals in the pipeline
10/06/2024 (The Star), Putrajaya - Malaysia’s trade in palm oil and other agricultural commodities with China is set to deepen with an upcoming memorandum of understanding (MOU) that is expected to be signed later this year, says Datuk Chan Foong Hin.
Our rigorous palm oil standard deserves recognition for sustainability
08/06/2024 (New Straits Times) - Malaysia's mandatory palm oil certification scheme, the Malaysian Sustainable Palm Oil (MSPO), is a world-class standard capable of helping Malaysian exporters and European customers adhere to stringent no-deforestation regulations.
