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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
RSPO human rights manager Kamini Visvananthan moves to consultancy
Kamini Visvananthan, human rights and social standards manager for the Roundtable on Sustainable Palm Oil (RSPO), has moved on from the palm oil certifier after almost five years.
Palm oil to bounce more to 4,132 ringgit
Palm oil is expected to bounce more to 4,132 ringgit per tonne, as it has pierced above a resistance at 4,010 ringgit.
Palm oil falls 2.7pc on weaker rivals, production outlook
Malaysian palm oil futures fell nearly 3% on Thursday as they tracked cheaper rivals on the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange and as market expects an increase in production.
Exports of crude palm oil up 36% in Jan-May
Cambodia exported 19,916 tonnes of crude palm oil in the first five months of 2021, an increase of 5,246 tonnes or 35.76 per cent compared to the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries.
CBOT wheat may retest a support at $6.39-1/2
CBOT wheat may retest a support at $6.39-1/2 per bushel, a break below which could cause a fall into $6.27-3/4 to $6.34-1/4 range.
India palm oil imports from Thailand spike as price pressures mount: sources
India's palm oil imports from Thailand in May have increased by almost ten times from a month before as Thai-origin palm oil has become more price-competitive than Indonesian and Malaysian supplies, although by a slim margin.
Malaysia calls on EU, state members to review palm oil cut
MALAYSIA has called on the European Union (EU) and its state members to review the trade bloc’s environmental policy which involves phasing out palm-based biofuels and look into the effects of the restriction more objectively.
Malaysia supports Council of Palm Oil Producing Countries’ objection to Belgium’s move to ban palm-based biofuel, says minister
KUALA LUMPUR, May 26 — Malaysia fully supports the Council of Palm Oil Producing Countries’ (CPOPC) move to submit an objection to Belgium which is planning to ban the use of palm oil as biofuel next year.
Edible oil prices surge to highest level in over a decade. Here’s why
Edible oil prices in India have surged to the highest level in over a decade this month, resulting in distress among millions of Indian households. There rise in retail price of edible oils — mustard, vanaspati, soya, palm, sunflower and groundnut — is a blow to millions of poorer households in the country that have been financially hit during the second Covid-19 wave.
