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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
Palm oil stocks fall more than expected
Malaysia’s end-September palm oil stocks fell more sharply than expected as export demand surged while production stayed flat, according to data by the palm oil board yesterday, supporting prices that are already trading near all-time highs.
CPO futures end mostly lower on profit taking
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly lower on Monday, amid profit-taking activities following the recent price rally, a dealer said.
IOI Corp aims to increase oleochemical earnings by RM100m by FY21 — Public Invest Research
IOI Corp Bhd is aiming to increase its oleochemical earnings by RM100 million, or more than 35%, by FY21, according to a report by Public Invest Research.
Encouraging Indonesian consumers to choose ‘good’ palm oil
For this reason, in 2019 the Roundtable on Sustainable Palm Oil (RSPO) set Shared Responsibility rules aimed at encouraging its members to adopt shared sustainability requirements and obligations. The Shared Responsibility rules have been introduced to ensure that all available certified sustainable palm oil (CSPO) produced by RSPO grower members is met with equal demand from users and consumers.
- USDA ATTACHE SEES MALAYSIA 2021/22 CRUDE PALM OIL OUTPUT AT 18.2 MLN T
Oct 8 (Reuters) - Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service post in Kuala Lumpur:
Indonesia's August palm oil exports jump 59%
JAKARTA, Oct 8 (Reuters) - Indonesia's August exports of palm oil, including refined products such as oleochemicals, rose 59% year on year to 4.27 million tonnes, data from the Indonesian Palm Oil Association (GAPKI) showed on Friday.
CPO futures rally to all-time high of RM4,966 per tonne
KUALA LUMPUR (Oct 8): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives accelerated to close at an all-time high today, setting fresh record prices for the third time this week.
Centre imposes stock limits on edible oils
New Delhi, October 10 The Centre on Sunday imposed stock limits on traders of edible oils and oilseeds, barring importers and exporters, till March 31, to check rising domestic prices and give relief to consumers.
COLUMN-Funds buy corn, wheat and soybean oil after USDA stocks data –Braun
FORT COLLINS, Colo., Oct 10 (Reuters) - Despite heavier-than-expected ending stocks for U.S. corn and especially soybeans, speculators in the most recent week were buyers of Chicago corn and moderate sellers of soybeans. That was partially supported by bullish sentiment in other markets including wheat, soybean oil and energy.
