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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
Crude palm oil heading towards downtrend consolidation phase
Crude palm oil futures rose sharply over the last 2 weeks from lows of RM3,700 (S$1,150) a tonne, propelled by gains in soybean oil on the Chicago Board Of Trade (CBOT) and expectations of better exports for the month of August. The world’s largest producer and exporter, Indonesia, recently announced an increase in export taxes for shipments for the week of Aug 9 to Aug 15, giving Malaysian crude palm oil (CPO) priced in ringgit a competitive edge.
Workers shortage still plaguing oil palm sector, says Soppoa
KUCHING (Aug 22): The oil palm sector continues to face a multitude of challenges that require government’s support from time to time.
Malaysian palm oil gains
JAKARTA: Malaysian palm oil futures rebounded on Friday on stronger other vegetable oils after tumbling to a near two-week low in the previous session but headed for a weekly drop.
Getting more done with fewer workers
PETALING JAYA: The labour crunch that many industries in Malaysia face today has led some companies to automate their operations.
CPO futures likely to see profit-taking activities next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend downward next week on profit-taking activities.
CPO futures close higher tracking better soybean oil futures during Asian hours
KUALA LUMPUR (Aug 19): The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives (BMD) rebounded from Thursday's losses to end higher, supported by soybean oil futures recovering performance during the Asian hours, a dealer said.
CPO futures end lower on concerns over rising production
19/08/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, weighed by ongoing concerns over rising production and lower soybean oil prices, a dealer said.
MPOCC has never endorsed other parties to provide consultation services for palm oil dealers – MPIC
17/08/2022 (The Star Online) - The Malaysian Palm Oil Certification Council (MPOCC) has never endorsed any consultants, companies and representatives to provide consultation services for palm oil dealers, said the Ministry of Plantation Industries and Commodities (MPIC).
VEGOILS-Palm rises after Malaysia cuts export tax reference price
19/08/2022 (Hellenic Shipping News) - Malaysian palm oil futures extended gains on Wednesday after the world’s second-largest producer lowered its exports tax reference price, but gains were capped by demand concerns.
