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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
Malaysia's CPO futures rise past RM5,000 a tonne to new record high
KUALA LUMPUR (Oct 6): Bursa Malaysia crude palm oil (CPO) futures prices rose past RM5,000 a tonne for the first time to a record high on Wednesday (Oct 6) after the CPO price for October 2021 rose as much as RM75 to RM5,050.
Lifting of foreign labour ban on oil palm plantations offers sector slight relief
WHILE Putrajaya’s lifting of its foreign labour freeze on the plantation sector marks a silver lining for players, there is still some way to go before the strained industry sees any meaningful impact.
Plantation stocks at multi-month highs as CPO futures breach RM5,000
KUALA LUMPUR (Oct 7): Plantation stocks such as Kuala Lumpur Kepong Bhd (KLK), Genting Plantations Bhd and Sime Darby Plantation Bhd rose to multi-month highs on Wednesday, as crude palm oil (CPO) futures breached the RM5,000 per tonne mark for the first time.
Palm ends at record high on crude rally, supply woes
KUALA LUMPUR: Malaysian palm oil futures closed at a record high on Wednesday, driven by a rally in crude prices and expectations of tighter supplies.
Indonesia successfully tests bioavtur-powered flights
Jakarta (ANTARA) - Indonesia has successfully conducted test flights on the Bandung-Jakarta route using bioavtur, a jet fuel derived partially from palm oil, Energy and Mineral Resource Minister Arifin Tasrif said in a statement released here on Wednesday. Indonesia has made history with the test flights, which were conducted from Bandung in West Java to Jakarta on bioavtur-powered CN-235-220 Flying Test Bed (FTB) aircraft, the minister remarked.
Nationwide B20 biodiesel plan is still on, says Zuraida
KUALA LUMPUR (Oct 6): The government intends to continue with its much delayed effort to implement the B20 biodiesel programme nationwide, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
Ministry to take aggressive measures in marketing, development of palm products
KUALA LUMPUR (Oct 6): The Ministry of Plantation Industries and Commodities (MPIC) plans to take more aggressive measures to address palm oil-related issues by formulating plans for the marketing and development of the commodity.
Malaysia CPO futures hit RM5,000 a tonne for the first time
KUALA LUMPUR: Bursa Malaysia crude palm oil (CPO) futures price rose to RM5,000 a tonne for the first time on Tuesday after the commodity traded up as much as RM162 before paring gains at the bourse's afternoon break.
Palm rallies 4% to record high on stronger crude, supply squeeze
KUALA LUMPUR: Malaysian palm oil futures jumped as much as 4% on Tuesday, hitting a record of 4,786 ringgit a tonne on stronger crude oil prices and as market surveys pointed to tightening September stockpiles.
