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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
BPlant posts strong 3Q helped by higher CPO prices, production
BOUSTEAD Plantations Bhd (BPlant), much like its peers, posted a strong financial third quarter (3Q) driven by higher selling prices of its edible oils and fruit production.
Indonesia turns focus to energy security and renewables amid pandemic
JAKARTA: The fallout from the coronavirus pandemic has presented Indonesia with the opportunity to work toward energy security and switch from conventional to renewable sources, officials have said.
Analysts raise Sime Darby Plantation earnings forecast on higher palm oil prices
KUALA LUMPUR (Nov 24): Analysts have raised Sime Darby Plantation Bhd (SDP) earnings forecast to reflect higher upstream contribution amid improving crude palm oil (CPO) prices.
GRAINS-Soybeans fall for first time in eight sessions
SYDNEY, Nov 24 (Reuters) - U.S. soybean futures fell for the first time in eight sessions on Tuesday as traders booked profits after prices hit a more than four-year high, although concerns about global production provided a floor to losses.
Palm oil ends higher
KUALA LUMPUR: Malaysian palm oil futures reversed early losses to rise 1% on Monday, as concerns over declining output outweighed shrinking November exports and losses in rival Dalian oils. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange rose 42 ringgit, or 1.28%, to 3,330 ringgit ($814.58) a tonne.
CPO to trade up to RM2,600 next year
MOODY’S Investors Service has raised its medium-term price sensitivity range for crude palm oil (CPO) to between RM2,200 and RM2,600 per tonne over the next 12 months, with a midpoint of RM2,400 due to continued supply constraints.
APAC countries form largest trading bloc via RCEP
CHINA and 14 Asia-Pacific countries signed a major trade pact known as Regional Comprehensive Economic Partnership (RCEP). Chinese President Xi Jinping said China will not seek to disassociate itself with US economy and pledges to cut tariffs. He reassured of gradually opening the door for China to integrate with its global bilateral partners.
Cargill Shifts NC Plant to Provide RSPO-Certified Palm Oil
Global food corporation Cargill is significantly expanding its segregated palm oil capacity in order to help its customers meet their sustainability commitments, the company says. Previously, Cargill offered its North American customers mass-balanced sustainable palm oil, but its new offering in North America meets stricter certification standards for Roundtable for Sustainable Palm Oil (RSPO).
Oil palm plantations seek consignment of relief foreign workers
KUCHING: The Sarawak Oil Palm Plantation Owners Association (Soppoa) has called upon the state and federal governments to allow for a consignment of relief foreign workers to enter the state.
