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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
Okay to force palm oil on ghee culture?
To the agri economist’s eye, it’s a numbers game — reduce imports, promote “cheaper†oil, create more agro industry and earn agri dollars; it’s a win-win for all. But what about the small and medium farmer, biodiversity and environment; perhaps our “agri experts†are missing the bigger picture.
No change seen in CPO windfall tax
A revision in the threshold price for the crude palm oil (CPO) windfall profit tax (WPT) structure is highly unlikely, given the government’s plan to further increase its tax revenue amid the Covid-19 pandemic environment, say industry observers.
VEGOILS-Palm oil set for third weekly decline on weaker rivals
KUALA LUMPUR, Sept 17 (Reuters) - Malaysian palm oil futures fell on Friday, tracking losses in rival edible oils as the contract rolled over to a new month, setting them on course for a third consecutive weekly decline.
Lower duties, tight stocks push India’s palm oil imports in August
India’s palm oil imports in August jumped by more than 61% on the month to 750,134 mt, according to data published by a national trade body, as bulk buyers looked to pad up edible oil inventories ahead of India’s upcoming festival season.
Palm oil prices set to fall as producers’ unsold stock rises
The world may be heading for a glut of palm oil – leading to falling prices in the coming months.
RBD palmolein imports hit 20-month high in August
Total vegoil imports down by 22% Despite the decrease in overall import of edible oils during August, the import of RBD palmolein touched a 20-month high.
Malaysia's Sept 1-15 palm oil exports rise 53.9% — AmSpec Agri
KUALA LUMPUR (Sept 15): Exports of Malaysian palm oil products for Sept 1-15 rose 53.9% to 832,355 tonnes from 540,853 tonnes shipped during Aug 1-15, according to independent inspection company AmSpec Agri Malaysia on Wednesday.
Brazil’s Jan-Aug soybean oil imports surge to more than 20-year high
Brazil’s soybean oil imports from January to August have soared to a more than 20-year high amid rising domestic prices, a cut in production and a local regulation allowing imported feedstocks for biodiesel output.
Upside potential likely for price of CPO
KUALA LUMPUR: The price of crude palm oil (CPO) is expected to remain firm at RM3,500 to RM4,500 per tonne this month amid tight global oil inventories.
