|
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Palm oil imports increase 34.83pc in 3 quarters
The palm oil imports during July-March (2020-21) were recorded at $1860.935 million against the imports of $1380.245 million during July-March (2019-20), showing increase of 34.86 percent, according to latest data of Pakistan Bureau of Statistics (PBS).
Sarawak Oil Palm’s earnings expected to be high on CPO prices
SARAWAK Oil Palms Bhd’s financial performance for the next year is expected to be boosted by the tight supply of oils and fats, including crude palm oil (CPO), coupled with continuing demand
New oil palm breed, new opportunity for smallholders
Primary Industries and Commodities Deputy Minister Datuk Seri Dr Wee Jeck Seng said the trees of the new breed were shorter but would produce the same amount of harvest as current variants being planted by smallholders
Olive cultivation to make Pakistan self-sufficient in edible oil
Blessed with diverse ecological zones, fertile soil and suitable climate conditions, Khyber Pakhtunkhwa is going to emerge as a home of olive trees where over 70 million wild olive plants have been discovered out of which 40 million would be planted jointly by the Agriculture and Forest departments in next five years.
Biden plans to raise capital gain tax
WTI Crude prices traded from US$60 to US$64 per barrel in a narrow range. We retain our view on the trend outlook. However, be cautious if the trend breaks beyond either direction
MPIC in midst of developing new variety of oil palm tree — deputy minister
The Ministry of Plantation Industries and Commodities (MPIC), through the Malaysian Palm Oil Board (MPOB), is in the midst of producing a new variety of oil palm tree that will grow up to 20ft only to facilitate crop harvesting.
Palm oil contributes significantly to Indonesia's exports: Minister
Indonesia's food and beverage industry, particularly palm oil, has contributed significantly to the country's exports, in addition to base metal industry and chemical product and chemical industry.
Promote barter trade for surplus commodities
As part of this, the government has decided to distribute free rations of wheat to 80 crore vulnerable families during May and June. This is a welcome step as it comes at a time when the nation is facing the second wave of Covid-19 infections and reverse migration of people from cities to their villages has commenced.
CPO futures likely to experience technical correction next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to undergo a technical correction next week as demand takes a hit based on supply and demand estimates.