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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
Higher palm oil prices lift Golden Agri-Resources' 1HFY2021 earnings to US$153 million
Golden Agri-Resources has reported earnings of U$153 million for the six months ended June 30, a swing from a net loss of US$157 million in the year earlier.
FTAs will be finalised after discussions with industry: Piyush Goyal
Commerce and industry minister Piyush Goyal on Thursday assured the industry that the government will protect its interests in free trade agreements (FTAs) and these pacts would be finalised after holding detailed discussions with all the stakeholders
Indonesia Doesn’t Pretend Palm Oil Industry Has Been Without Problems
Labour has become a contentious issue in the palm oil sector over the past few months. Those within the palm oil community will be well aware that negative claims around labour have been made against palm oil for years, dating back to 2015 at least
Minister: Palm oil export to Turkey expected to hit one million tonnes next year
Malaysia’s palm oil export to Turkey is expected to reach one million tonnes next year compared with 500,000 tonnes previously, said Minister of Plantation Industries and Commodities Datuk Mohd Khairuddin Aman Razali.
Palm oil slides almost 1% after sharp gains
Malaysian palm oil futures fell nearly 1% on Thursday, a day after lower stockpiles and tightening production pushed the contract to its biggest jump in 11 years.
Palm oil may test resistance at 4,587 ringgit
Palm oil may test a resistance at 4,587 ringgit per tonne, a break above which could lead to a gain to 4,698 ringgit.
US oil may rise towards $70.15-$70.77 range
US oil may break a resistance at $69.30 per barrel and rise towards a range of $70.15-$70.77
Oil, ghee import on sugar-wheat pattern likely
The government is likely to import edible oil/ghee on the pattern of sugar and wheat aimed at facilitating supply to reduce prices in the local market, well-informed sources told Business Recorder.
Sime Darby Plantation to complete WRO assessment by early 2022
The planter is facing several challenges in addressing ILO standards and compliance with RSPO standards and exercise