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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
Refiners group offers to aid Putrajaya in fight against Europe’s palm oil discrimination
The Palm Oil Refiners Association of Malaysia (Poram) is offering to help the government combat the anti-palm-oil campaign currently waged by members of the European Union (EU) and Australia.
Malaysian Palm Oil Board gets recognition from Department of Standards
The Malaysian Palm Oil Board (MPOB) has recently obtained the Department of Standards Malaysia’s recognition under the Laboratory Accreditation Scheme of Malaysia (SAMM).
India’s import duty revision reduces CPO competitiveness
Kuala Lumpur: Research firms believe that India’s import duty hike on crude palm oil (CPO) will reduce the price competitiveness of the commodity against other edible oils in the country, resulting higher cooking oil price with higher duties.
CPO to lose some market share to other oils on India’s duty hike
INDIA’S move to raise the effective import duty on crude palm oil (CPO) by 5.5 percentage points to 35.75%, effective Feb 1, 2021, will erode Malaysian palm oil producer price competitiveness, according to Maybank Kim Eng Research. “The increase in February’s import duty of CPO has eroded the price advantage of CPO vis-à -vis other crude and refined vegetable oils.
VEGOILS-Palm oil rise on lower stockpile hopes, but set for weekly fall
KUALA LUMPUR, Feb 5 (Reuters) - Malaysian palm oil futures rose for a second day on Friday on expectations of a drop in January stockpile and output, but the contract is set for a 3.9% weekly decline.
Palm oil may stabilise around 3,208 ringgit
SINGAPORE: Palm oil may stabilise around a support at 3,208 ringgit per tonne and bounce towards 3,322 ringgit.
World food price index at highest level since July 2014, says UN agency
ROME: World food prices rose for an eighth consecutive month in January, hitting their highest level since July 2014, led by jumps in cereals, sugar and vegetable oils, the UN food agency said on Thursday.
Indonesia's 2020 palm oil exports drop 9% -palm oil association
JAKARTA (Reuters) - Indonesia's palm oil exports fell 9% last year as global demand was disrupted by the coronavirus pandemic, the Indonesian Palm Oil Association (GAPKI) said on Thursday, while forecasting exports would recover in 2021.
PM Muhyiddin arrives for official visit to Indonesia
JAKARTA: Malaysia’s Prime Minister Tan Sri Muhyiddin Yassin arrived here yesterday for a two-day official visit to Indonesia at the invitation of President Joko Widodo (Jokowi).
