Berita Terkini

MARKET DEVELOPMENT
21-02-2022

India makes record US soyoil purchases as drought parches South America

MUMBAI (Feb 18): Indian traders have contracted to import a record 100,000 tonnes of soyoil from the United States because of limited supplies from drought-hit South America, at a time when prices of rival palm oil are scaling record highs, three dealers told Reuters.

MARKET DEVELOPMENT
21-02-2022

CPO price to soften as vegetable oils pick up?

KUALA LUMPUR: Crude palm oil (CPO) prices could remain elevated until the first half (1H) of 2022 but may soften as production of global vegetable oils picks up, said Affin Hwang Capital.

MARKET DEVELOPMENT
17-02-2022

Zuraida: Malaysia seeks new markets for palm oil

PUTRAJAYA: In the face of threats that the United States and the European Union will impose sanctions on palm oil, Malaysia is looking to develop new markets for the commodity.

MARKET DEVELOPMENT
17-02-2022

Malaysia keeps March crude palm oil export duty at 8%

Malaysia has maintained its March export tax for crude palm oil at 8% and raised its reference price, a document on the Malaysian Palm Oil Board website showed on Wednesday.

MARKET DEVELOPMENT
17-02-2022

CPO futures end lower on higher production data

KUALA LUMPUR (Feb 16): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday on improving production for the first half of February.

MARKET DEVELOPMENT
17-02-2022

MPOC commends SDP's changes in labour practices

KUALA LUMPUR: Sime Darby Plantation Bhd's (SDP) commitment to making sweeping changes to its labour practises is a clear signal that the Malaysian palm oil sector is serious about its global responsibilities.

MARKET DEVELOPMENT
17-02-2022

Soybean prices closed 36Â¢ per bushel higher | Wednesday, February 16, 2022

The CME Groupâ€™s soybean market rocketed higher and finished on its daily highs. At the close, the March corn futures settled 9Â¢ higher at $6.47. May futures ended 8Â¾Â¢ higher at $6.45. December futures finished 4Â¢ higher at $5.93.

MARKET DEVELOPMENT
17-02-2022

Trade minister guarantees stable cooking oil supply in a week

Makassar, S Sulawesi (ANTARA) - Trade Minister Muhammad Lutfi ensured stable availability of premium and simple packaged cooking oil in the next week, or at the latest, by the end of February 2022.

MARKET DEVELOPMENT
17-02-2022

Palm oil rises tracking overnight gains in soyoil

February 17, 2022: Malaysian palm oil futures firmed on Thursday, lifted by an overnight rally in rival soyoil, although gains were held back by weaker crude prices and a survey signalling an improvement in the country's palm oil production.

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