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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
India slashes base import price of crude palm oil by $36/T
MUMBAI, Jan 30 (Reuters) - India slashed the base import price of crude palm oil by $36 to $1,013 per tonne, the government said in a statement late on Friday.
Domestic Demand Keeps Indonesian Palm Oil Industry Afloat amid Sluggish Export Markets
Jakarta. The Indonesian palm oil industry, the biggest in the world, has suffered disruption during Covid-19. Although lockdown measures in export destinations have restricted the market, the demand for palm oil has increased domestically.
Palm oil sector to continue offering recommendations to curb pandemic spread
KUALA LUMPUR (Jan 29): The Malaysian plantation fraternity involved in the entire palm oil supply chain will continue to offer sectoral-related and most practical recommendations to policymakers and the authorities to help mitigate the spread of Covid-19 in the industry.
Malaysian palm oil jumps 3pc
SINGAPORE: Malaysian palm oil rose for a third consecutive session to trade 3% higher on Friday, on better-than-expected December data and as higher tariffs on Indonesian crude palm exports made the edible oil from Malaysia more attractive.
Strong buying continues to lift CPO futures higher
KUALA LUMPUR (Jan 29): Strong buying support continued to lift the crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives and close higher for three straight sessions.
VEGOILS-Malaysia palm reverses gains to catch up with cheaper rivals
SINGAPORE, Jan 29 - Malaysian palm oil reversed earlier gains on Friday, tracking cheaper rival oils, weighed by potential vegetable oil import cuts by top consumer India.
Tighten movements at estates, Soppoa reminds members
KUCHING: Sarawak Oil Palm Plantation Owners Association (Soppoa) is calling on its members to continue tightening movements at estates and mills in view of the surge in Covid-19 infections in districts across the state.
Indonesian envoy wants Colombia to join CPOPC
Malang, East Java (ANTARA) - Indonesian Ambassador to Colombia, Antigua and Barbuda, Saint Cristopher and Nevis, Dr. Priyo Iswanto, M.H., wants Colombia to join the Council of Palm Oil Producing Countries (CPOPC) to help counter negative campaigns against palm oil.
Malaysia to benefit from recovery in China and US
KUCHING: Malaysia will benefit from the strong recovery in its main trading partners China and the US, analysts opine, as others also project that the country’s exports will remain resilient in the next one to two months.