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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
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 higher, boost from soybean
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today on the back of stronger overnight soybean oil price on the Chicago Board of Trade.
Palm oil may bounce into 3,713-3,752 ringgit range before falling
SINGAPORE: Palm oil may bounce into a range of 3,713-3,752 ringgit per tonne before falling, as suggested by its wave pattern and a projection analysis.
EU rapeseed futures surge close to record high
PARIS: European rapeseed futures rose 2.5% on Thursday as signs of tightening stocks in the European Union helped the contract rally for an eighth straight session, while wheat traded flat.
Ukraine expects record 2021 grain crop
KYIV- Most Ukrainian winter grain crops are in excellent condition thanks to favourable weather that could lift the 2021 harvest to a record high above 75 million tonnes, a senior government official said on Thursday.
Egypt's GASC receives offers in soyoil, sunflower oil tender
HAMBURG: The lowest offer in Thursday's international tender by Egypt's GASC to purchase at least 30,000 tonnes of soyoil was estimated at $1,183 a tonne c&f for immediate payment terms, traders said.
Palm up for second day tracking soyoil, higher stockpile limits
KUALA LUMPUR- Malaysian palm oil futures on Thursday rose for a second straight session on the back of strength in rival soyoil, although gains were capped by expectations of a rise in February-end inventories and production.
Palm oil cess collection of RM30mil to support Marcop
KUALA LUMPUR: A total of RM30mil of the collection from the palm oil cess that has increased by RM2 to RM16 from RM14 per tonne will complement the RM30mil matching grant allocated to the industry by the government under Budget 2021.
Malaysia’s palm oil stocks likely up 7.6% m-o-m at end-Feb to 1.43 mil tonnes, says CGS-CIMB
KUALA LUMPUR (March 3): Malaysia’s palm oil stocks likely grew 7.6% month-on-month (m-o-m) to 1.43 million tonnes at end-February due to a slower decline in production compared to exports, according to CGS-CIMB.
CPO seen trading at RM3,200-RM3,700 per tonne in March
KUALA LUMPUR: CGS-CIMB Research expects crude palm oil (CPO) price to trade at between RM3,200 and RM3,700 per tonne in March 2021.
