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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
Sri Lanka bans palm oil imports, tells producers to uproot plantations
Sri Lanka on Monday banned imports of palm oil and new palm plantations, and told producers to uproot existing plantations in a phased manner, in a surprise move that baffled the edible oil industry.
TDM's plantation division receives ISCC EU recognition
TDM Plantation Sdn Bhd has received International Sustainability and Carbon Certification (ISCC) valid from March 17, 2021 until March 16, 2022.
Malaysia's end-2021 palm oil stocks forecast to fall for third year
Malaysia’s palm oil inventories at the end of 2021 are projected to decline for a third consecutive year to 1.12 million tonnes, state agency the Malaysian Palm Oil Council (MPOC) said on Monday.
Palm oil products demand to see strong recovery in April-June 2021
GLOBAL demand and export for palm oil products will see a strong recovery from April to June 2021, mainly shipped to India and China, both of which are severely under-stocked at the moment, a palm oil analyst said.
Malaysia's March-end palm oil stocks seen rising as output increases
Malaysia's palm oil inventories likely inched higher by the end of March as production advanced for the first time in six months, though a surge in exports kept supply tight, a Reuters survey showed on Monday.
VEGOILS-Palm oil at 1-week high on tight supply forecast, soyoil strength
Malaysian palm oil futures rose nearly 1.5% on Monday to hit a one-week high, tracking strong rival soyoil and on expectations of sustained tight supply.
Malaysia's 2021 crude palm oil exports to surge 24.4% on year: MPOC
Malaysia's crude palm oil (CPO) exports are expected to hit 5.5 million mt in 2021, soaring 24.4% from 2020 levels, as Malaysian CPO became more competitively priced after Indonesia revised its export duty structure, Malaysian Palm Oil Council CEO Wan Zawawi Wan Ismail said April 5.
MDEC, CIMB Islamic sign MoU for Digital AgTech
THE Malaysia Digital Economy Corp (MDEC) and CIMB Islamic Bank Bhd have signed a memorandum of understanding (MoU) on extending an extensive microfinancing programme with an allocation of RM25 million as initial funding package to catalyse the Digital Agriculture Technology (Digital AgTech) in Malaysia.
WRO impact on plantation firms minimal
THE impact of the withhold release orders (WROs) issued by the US Customs and Border Protection (CBP) on Sime Darby Plantation Bhd (SDP) and FGV Holdings Bhd is expected to be minimal as investors have discounted much of the bad news.
