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CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
The skyrocketing prices of edible oil
KARACHI:Prices of edible oil, ghee and related products were adjusted upwards several times during the previous year.
Column-Funds top off bullish CBOT soy bets but tap brakes on corn – Braun
FORT COLLINS, Colo. (Reuters) - Speculators last week expanded soybean optimism to keep pace with their most bullish-ever views for the time of year, but they eased off their massive corn bets to a much larger degree than expected.
Maybank IB retains ‘positive’ call on regional plantations
KUALA LUMPUR, Feb 14 — Maybank Investment Bank Research (Maybank IB) has maintained its ‘positive’ call on the regional plantation sector, based on expectations that the crude palm oil (CPO) average selling prices (ASP) would stay elevated in the first quarter of 2022 (Q1 2022).
Centre Reduces Agricultural Cess on Crude Palm Oil
The Union government has decided to reduce the agricultural infrastructure development cess (AIDC) on crude palm oil (CPO) from 7.5 percent to 5% effective February 13, thereby widening the gap between crude and refined oil. After this reduction, the effective difference between CPO and RBD palmolein will be 8.5%.
Lower crude palm oil stockpile, output in the first month of 2022
Malaysia’s crude palm oil (CPO) stocks fell 7.7% to 786,828 tonnes in January 2022 from 852,339 tonnes in December 2021 amid lower production, said the Malaysian Palm Oil Board (MPOB).
Palm falls on weak Malaysian export data
Malaysian palm oil futures closed lower on Thursday, hit by profit-taking and weak exports in the first 10 days of February, although a drop in January end stocks limited losses.
Malaysia end-Jan palm oil stocks lower than expected as imports, output tumble
Malaysia's palm oil inventories dropped more than anticipated at the end of January, hitting a six-month low as production and imports slumped, data from the industry regulator showed on Thursday.
Concerns over weaker demand weigh on CPO prices
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on concerns over weaker demand, according to a dealer.
Malaysian Palm Oil All Set For The Big Push Into The UAE Market
An MoU was earlier sealed between MPOC and the Lulu Group International (LULU) to promote and market Malaysia’s palm-oil based products through the latter’s wide chain of hypermarkets located in the UAE.
