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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
Oil fund tapped to keep biodiesel B10 affordable
The Energy Ministry will use the State Oil Fund to keep the retail price of biodiesel B10 from going above 30 baht per litre.
Palm oil futures hit all-time high as China rushes to fill soy oil shortage
Palm oil futures prices set a new all-time high in Malaysia on Sept. 30 as news of supply concerns and higher exports coincided with Chinese buyers rushing to book palm oil shipments to make up for a potential shortage in soybean oil ahead of China's week-long Golden Week national holiday.
Calyxt partners to develop soy-based alternative to palm oil
Plant-based biotechnology platform company Calyxt announced a new partnership with an undisclosed ingredients manufacturer in Asia to develop a modified soybean capable of becoming a commercial alternative to palm oil.
Palm oil falls on cheaper crude, U.S. soyoil
Malaysian palm oil futures fell on Wednesday, erasing gains from the previous session, as they tracked weakness in crude oil and U.S. soyoil prices.
CPO futures at all-time high of RM4,595 on supply worries
KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed at an all-time high today as concerns over weak production continued to lift sentiment. The benchmark palm oil contract - December 2021 - jumped RM140 to RM4,595 a tonne.
VEGOILS-Palm touches highest price on record on surge in exports, costlier rivals
SINGAPORE, Sept 30 (Reuters) - Malaysian palm oil futures hit a record high on Thursday, and marked its third straight session of gains, after exports of the edible oil surged and as it tracked rival oils elsewhere.
Palm oil subsector can grow Nigeria’s economy by $1bn —Minister
The Minister of Trade, Industry and Investment, Niyi Adebayo, has announced plans by the Federal Government to collaborate with investors to implement backward integration programme across key selected priority products.
Soyabean Import Decreases By 42.15%, Palm Increases 63.35% In Two Months
ISLAMABAD, (UrduPoint / Pakistan Point News - 30th Sep, 2021 ) :Soyabean oil import into the country during first two months of current financial year reduced by 42.15% as compared the imports of the corresponding period of last year.
Brazil biodiesel tender era likely to end in oversupply
An oversupply of biodiesel in Brazil is likely to push prices lower at an October auction, the country's last, that will cover market supply in the last two months of the year.
