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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
Cargill to build $200 mln palm oil refinery in Indonesia
SINGAPORE, June 4 - U.S. agribusiness giant Cargill Inc said it is building a $200 million palm oil refinery in the Indonesian province of Lampung, which the company expects to be completed late next year.
Govt says edible oil prices softening
New Delhi, Jun 3 (PTI) The government on Thursday said the prices of cooking oils, which rose abnormally in the last one year, have started to soften due to fall in global rates and lower domestic demand.
Palm oil climbs 5pc, hits two-week high
KUALA LUMPUR: Malaysian palm oil futures jumped 5% on Wednesday, hitting a two-week high, as dry weather in the US and Canadian crop belts and reduced crop expectations in South America stoked worries over global edible oil supply.
Crude Palm Oil futures flat at Rs 1,141/10 kg after 5 days of losses; outlook bearish
Crude palm oil futures were steady after five consecutive days of decline to Rs 1,141 per 10 kg as participants increased their short position as seen by the open interest. Malaysian palm oil futures rose 4.34 percent to settle at 4,060 Ringgits on Bursa Malaysia Bhd.
VEGOILS-Palm climbs 2% on global edible oil supply worries
KUALA LUMPUR, June 2 (Reuters) - Malaysian palm oil futures rose 2% on Wednesday after two straight sessions of declines, as dry weather in the U.S. and Canadian crop belts and reduced crop expectations in South America stoked worries over global edible oil supply.
EU should end discriminatory measures against Indonesia's palm oil
Jakarta (ANTARA) - Foreign Affairs Minister Retno Marsudi earnestly appealed to the European Union (EU) to avoid discriminating against Indonesian palm oil, as the Southeast Asian nation was endeavoring to achieve economic recovery amid the COVID-19 pandemic.
Bursa Malaysia opens higher on steady CPO, Brent oil prices
KUALA LUMPUR (June 3): Bursa Malaysia continued its upward momentum at the opening today, as market sentiment was aided by the steady crude palm oil (CPO) and benchmark Brent oil prices, on the back of OPEC+ decision to gradually restore supply, said an analyst.
Palm oil target of 3,738 ringgit aborted
After repeatedly testing this support, the contract still failed to break it and then fall towards 3,738 ringgit. The failure strongly suggests the formation of a bottom around 3,888 ringgit.
Implementation of B20 biodiesel mandate in Sabah, Peninsular Malaysia delayed again
KUALA LUMPUR (June 2): The execution of the B20 biodiesel programme in Sabah and Peninsular Malaysia has been postponed, to a date to be decided upon later.
