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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
Brazil sets 12% blending mandate for next biodiesel auction
HOUSTON (ICIS)--Brazil will set the obligatory blending mandate of biodiesel into diesel at 12% for the country's next biodiesel auction, according to an order from the country's National Council for Energy Policy (CNPE) approved by President Jair Bolsonaro.
NOPA June soy crush falls to 2-year low 152.410 mln bushels, below all estimates
CHICAGO, July 15 (Reuters) - The U.S. soybean crush fell to a two-year low in June and missed all trade estimates, while soybean oil stocks thinned to the lowest in eight months, according to National Oilseed Processors Association (NOPA) data released on Thursday.
China’s weekly soybean stocks surge to a 9-month high: CNGOIC
China’s soybean stocks rose to their highest level since October 2020 last week, as a rebound in the pace of crushing still lagged behind an increase in the import volumes of beans in July, data from the China National Grain & Oil Centre Information (CNGOIC) showed Thursday.
CPO futures continue upward momentum on output concerns
KUALA LUMPUR (July 15): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continues its upward momentum to end higher today on lingering concerns over lower output, dealers said.
Bursa Malaysia retreats shortly after opening higher
KUALA LUMPUR, July 16 ― Bursa Malaysia opened higher but retreated shortly after, prompted by profit-taking in almost all indices across the board.
Telangana to promote oil palm with subsidies
Hyderabad: In the wake of growing demand for palm oil in the world market, the Telangana Government proposes to give a big push to oil palm cultivation in the State. It is likely to give huge incentives, including subsidies to the farmers.
CPO futures extend gains in line with CBOT soybean
KUALA LUMPUR (July 14): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its gains to end higher today in line with the Chicago Board of Trade (CBOT) soybean futures on concerns of lower outputs.
Crude palm oil imports rise 10 pc during Apr 1-Jul 12, customs ensuring no clogging at ports: FinMin
New Delhi, Jul 14 (PTI) The government on Wednesday said crude palm oil imports have risen nearly 10 per cent to over 20.91 lakh tonnes so far this fiscal, and the customs department is ensuring that there is no clogging at the ports and import clearance is given about 3-4 days.
Azmin meets Turkish President during trade mission to Turkey
PETALING JAYA: Turkish President Tayyip Erdogan has met with International Trade and Industries Minister Datuk Seri Azmin Ali, the Malaysian Turkish Embassy tweeted.
