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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
India gets below-average monsoon rains for second straight week
Monsoon rains in India in the week through Wednesday were below average for the second straight week, the weather office said, raising concerns over production of summer-sown crops such as cotton, soybean, corn and rice.
25 firms have licences suspended for profiteering in palm oil, cooking gas
The domestic trade and consumer affairs ministry has suspended the licences of 25 companies and withdrawn their subsidy quota for cooking oil and liquefied petroleum gas (LPG) after they were found to be profiteering.
As UN sustainability deadline looms, Credit Suisse believes palm oil sector's best bet lies in transition support
Support in transitioning towards sustainability would be the best way forward for the palm oil industry, said Credit Suisse after determining that there is a lack of commercially available alternatives to progress as the UN sustainable development goals’ deadline of 2030 looms.
Palm oil futures rally above RM4,500 - highest in two months
KUALA LUMPUR (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rallied above RM4,500 per tonne for October benchmark contract -- the highest in two months, on lower July palm oil stocks.
Weak supply, stocks data from Malaysia may push palm oil prices higher
Palm oil prices could rise in the near term after Malaysia's official July data showed a steep dip in inventories at end-July along with lower production even as most market participants expected stocks to rise marginally or stay flat.
Crude palm oil price to remain higher on tight supply, say research firms
KUALA LUMPUR, Aug 12 ― Research firms believe the price of crude palm oil (CPO) would stay higher for quite some time given its tight supply situation which would likely remain at least until the third quarter of 2021.
Palm oil may test resistance at 4,587 ringgit
SINGAPORE: Palm oil may test a resistance at 4,587 ringgit per tonne, a break above which could lead to a gain to 4,698 ringgit.
Malaysia end-July palm oil stocks fall 7.3% to 1.5 mln T – MPOB
KUALA LUMPUR, Aug 11 (Reuters) - Malaysia’s end-July palm oil end-stocks fell 7.3% from June to 1.5 million tonnes, data from industry regulator the Malaysian Palm Oil Board (MPOB) showed on Wednesday.
Malaysia end-July palm oil stocks slump to 4-month low as output shrinks
KUALA LUMPUR — Malaysia’s palm oil stockpiles hit a four-month low at July end, falling below expectations, as production and imports shrank, according to
