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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
VEGOILS-Palm gains for second day on rivals strength
Malaysian palm oil futures opened more than 2% higher on Thursday, tracking gains in rival oils on the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange.
Palm oil may test resistance at 3,687 ringgit
• This bullish candlestick followed another one on March 29. Together, they are considered as a trend reversal signal.
Dzulkifli Abd Wahab succeeds Azhar Abdul Hamid as FGV chairman
FGV Holdings Bhd has appointed Datuk Dzulkifli Abd Wahab as its chairman effective from today.
Don’t let biofuel expansion threaten global biodiversity
Ever expanding markets for fuel made from vegetable oil could put pressure on producers to expand palm oil production in Southern Asia and result in significant environmental repercussions. It’s one example of the potential side-effects of overuse of biofuel. | Reuters
Cooking oil or crude? Italian restaurant owner was mistaken target of US sanctions
One of the final acts of the Trump administration was almost certainly one of the most confounding for Alessandro Bazzoni, a restaurant owner in Verona, Italy.
US farmers to plant less corn, soybean acreage than expected – USDA
Estimates by the US Department of Agriculture (USDA) for corn and soybean plantings on Wednesday missed analyst expectations, sending futures prices for both commodities up sharply
USDA sees US 2021-22 corn, soybean acreage lower than previous estimates
The US corn acreage for the 2021-22 marketing year (September-August) has been estimated at 91.1 million acres, while soybean acreage in the country for 2021-22 is seen at 87.6 million acres, the US Department of Agriculture said March 31 in its Prospective Plantings report.
Rise In Price Of Edible Oil Hits People’s Home Budget
The prices of edible oil are rising steadily since last month and have hit the consumers. Considering the previous few months, the cost of all edible oils has gone up by Rs 40 to Rs 60 per kg, and large imports of edible oil are being made from abroad.
CPO futures end higher on solid March exports data, stronger soybean oil
KUALA LUMPUR (March 31): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed yesterday’s losses to end higher on Wednesday, propelled by a solid rise in palm oil exports for March 2021 and stronger soybean oil performance on the US Chicago Board of Trade (CBOT).
