|
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 prices to decline in 2021: Fitch
The firm assumed the prices would average US$560 per tonne over the year, despite some upside risks such as a strong La Nina weather pattern
Malaysia’s trade surplus surges 152pc to MYR16.82B in November
Malaysia’s trade surplus surged 151.6 per cent year-on-year (y-o-y) to MYR16.82 billion last month, the highest surplus ever recorded for November.
Palm oil import and Nigeria’s missing treasures
It was recently reported in the newspapers that Nigeria spends five hundred million dollars annually importing palm oil into the country
VEGOILS-Palm tracks soyoil fall ahead of talks to end Argentine labour strike
Malaysian palm oil futures slipped for a second consecutive session on Tuesday, tracking a fall in rival soyoil ahead of talks between Argentina's striking workers and soy byproduct manufacturers that seek to resume normal port operations
Palm oil imports increase 29.4pc to $876 million in 5 months
The palm oil imports during July-November (2020-21) were recorded at $876.016 million against the imports of $676.977 million during July-November (2019-20), showing increase of 29.40 percent, according to latest data of Pakistan Bureau of Statistics (PBS).
E20 set to be leading fuel by July 2021
Officials want E20, a mix of 20% ethanol and 80% unleaded gasoline 95, to gradually replace gasohol 91, making gasohol 95 an alternative fuel for drivers, said department chief Nantika Thangsuphanich.
VEGOILS-Palm reverses early losses on stronger crude, weaker soyoil limits
Malaysian palm oil futures reversed early losses on Tuesday, inching up on stronger crude, but gains were capped by weaker rival soyoil ahead of talks between Argentina's striking workers and soy byproduct manufacturers that could resume supply
Top Indonesian palm oil developments in 2020
As global demand for edible oil keeps growing, palm oil has enjoyed unprecedented growth both in consumption and production. Used in everything from chocolate to ice-cream, lipstick to shampoo, palm oil is now the most consumed vegetable oil in the world.
Asian Crude Palm Oil Watch 4Q20
Malaysian benchmark crude palm oil (CPO) spot prices touched USD900/tonne (t) in December 2020 for the first time since 2012 and averaged at around USD810/t in 4Q20 to date.