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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
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
Malaysian palm oil futures lower
KUALA LUMPUR: Malaysian palm oil futures fell more than 3% on Friday and were set for a weekly drop, weighed down by sharp losses in rival oils and expectations of higher end-October inventories.
Malaysia end-Oct palm oil stocks seen higher as exports plunge
Malaysia’s palm oil inventories likely rebounded at the end of October, lifted by a plunge in exports amid shrinking output.
Palm oil production expected to rebound in 2022
Palm oil production is expected to rebound in Malaysia and Indonesia in 2022 providing some relief to the vegetable oil shortage, says an international analyst.
Malaysia keen to invest in Bangladesh's palm oil industry'
Malaysia has expressed interest to invest in palm oil-centric industries in Bangladesh to diversify exports.
Bulk palm oil purchase aims to curb rising prices
To curb rising palm oil prices in Arakan State, a total of 40,491 visses of the edible oil were bought under a state regime council plan, according to U Tin Aung Oo, chair of the Arakan State Chamber of Commerce and Industry.
SOYBEANS CLOSE 21¢ LOWER | THURSDAY, NOVEMBER 4, 2021
On Thursday, the CME Group’s farm markets follow the soybean complex lower.
CPO futures end higher on expected tight supply, higher demand from China
KUALA LUMPUR (Nov 3): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the second consecutive day on anticipation of tightness in production supply and hopes of China stepping up purchases as its government asked citizens to stock up food, said Mumbai-based Sunvin Group’s commodity research head Anilkumar Bagani.
Sunflower oil set to be the major growth driver for India's 2021-22 vegoil imports
India's vegetable oil imports are set to rise to 14 million mt in the marketing year 2021-22 (November-October), driven largely by a pickup in sunflower oil imports, Sandeep Bajoria, CEO of Mumbai-based vegetable oil broking firm Sunvin Group said Nov. 3.
Highly-taxed plantation sector unlikely spared from Cukai Makmur, says Maybank
KUALA LUMPUR (Nov 3): Malaysia's plantation sector, which is the most highly taxed sector in the country, is likely to be subjected to the recently-announced "Cukai Makmur" (prosperity tax) under Budget 2022, according to Maybank Kim Eng's head of regional equity research Anand Pathmakanthan.
