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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
Palm oil ends two-day decline
KUALA LUMPUR: Malaysian palm oil futures rebounded on Monday, snapping a two-day decline after India, the world’s biggest vegetable oil buyer, lowered import taxes amid lingering concerns of tight edible oil supply worldwide.
Plantation sector labour crunch set to end next year
KUALA LUMPUR: The labour crunch in the plantation sector can be tackled by next year, with the government expected to reopen the border with the robust vaccination rate growth, said MIDF Research.
India cuts import taxes on vegetable oils to calm prices
MUMBAI - India has cut base import taxes on palm oil, soyoil and sunflower oil, according to a government notification, as the world's biggest vegetable oil buyer tries to cool near-record price rises.
Edible oil import duty relief not fully passed on to consumers
US soybean crop seen improving after recent favorable weather in Midwest
The outlook for the US soybean crop is improving after recent rains in the Midwest raised prospects for the yield and production.
High palm oil prices to deter South Asian buyers in 2020-21: USDA
High palm oil prices will dampen demand from South Asian buyers — India, Pakistan, and Bangladesh — in 2020-21 marketing year and lead to higher ending stocks of the tropical oil, the US Department of Agriculture’s monthly oilseeds report showed on Sept. 10.
Palm oil climbs over 1% as India cuts import taxes
KUALA LUMPUR: Malaysian palm oil futures extended early gains on Monday, as lower import taxes in India, the world's biggest vegetable oil buyer, raised demand hopes amid traders concerns of tight edible oil supply worldwide for the rest of the year.
India's edible oil imports seen at lowest in six years
India's imports of edible oil could fall to their lowest in six years, contracting for a second straight year because of the coronavirus outbreak and demand squeezed by record prices, a senior industry official said on Wednesday.
Palm oil climbs 2pc
Malaysian palm oil futures rose for a fifth consecutive session on Wednesday, hitting a three-week high on concerns over tight supply and hopes of improving export demand
