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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Soyabean oil import doubles, CPO down in November
Rising palm oil prices cut the discount Imports of soyabean oil doubled, while that of crude palm oil (CPO) came down during November compared with October as rising palm oil prices reduced the discount it had been enjoying in the global market.
Palm oil may test 4,873 ringgit; indecisive at crossroads
SINGAPORE: Palm oil may test a resistance at 4,873 ringgit per tonne, a break above which could lead to a gain to 4,948 ringgit.
Palm falls on November stocks, weaker rival oils
KUALA LUMPUR: Malaysian palm oil futures slid on Monday, tracking losses in rival oils and as larger-than-expected November inventories weighed on market sentiment.
Second-generation biodiesel, biojet fuel production
PETALING JAYA: Malaysia has ventured into the production of second-generation biodiesel and biojet fuel, which are expected to be commercialised to the global market in the next four to five years, Bernama reported, citing Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.(pic)
Bursa opens higher, taking cue from stronger Wall Street
13/12/2021 (Bernama), Kuala Lumpur - Bursa Malaysia opened higher in early trade on Monday (Dec 13), rebounding from last week's losses, taking its cue from the stronger performance of Wall Street last Friday despite US inflation fear.
Cooking Oil Price Control Mechanism extended until March
10/12/2021 (The Star) - PUTRAJAYA: The government has agreed to extend the Cooking Oil Price Control Mechanism programme until March next year at a cost of RM150mil, says the Domestic Trade and Consumer Affairs Ministry.
Era of cheaper cooking oils is over, says industry
10/12/2021 (The Economic Times) - The days of cheap cooking oil may not return soon for Indian consumers. The new normal base level price of the kitchen essential is expected to be in the Rs 100 to 105/kg range next year, up by up to 30% from 2019 levels.
Edible oil prices down Rs 8-10 per kg in last 30 days, may fall further: Industry
11/12/2021 (Money Control Online) - Edible oil prices declined by Rs 8-10 per kg in last one month mainly on the back of lower import duties and may fall by Rs 3-4 per kg in coming months on higher domestic output of oilseeds and bearish trend in global markets, according to industry body SEA.
Tanzania eyes edible oils market
11/12/2021 (The East African) - Tanzania is now working closely with Uganda to study best practices that will help boost production of edible oil seeds going by Kampala’s success in producing palm oil.
