|
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
VEGOILS-Palm oil set for second straight weekly rise, tracking rival oils
Malaysian palm oil futures rose on Friday after scaling a more than nine-month high in the previous session, with strength in rival oils putting palm on course for a second straight weekly gain.
FGV stock under close watch following spat with Felda
FGV Holdings Bhd, one of the world’s biggest palm oil producer, is now in hot water following the Federal Land Development Authority’s (Felda) move to terminate its land lease agreement (LLA) with the group.
Trade rebound point to ‘better’ 3Q GDP
MALAYSIA’S total trade in September rebounded by 5.5% year-on-year (YoY) to RM155.88 billion from last year, is supportive of a “better†third quarter (3Q) GDP after the -17.1% slump recorded in 2Q.
LLA termination with Felda has more upsides for FGV — analysts
While the termination of the land lease agreement (LLA) with the Federal Land Development Authority (Felda) will significantly reduce FGV Holdings Bhd’s landbank moving forward, the development is however deemed financially positive to the group and could even pose new acquisition opportunities, analysts say.
S. Korea, Mongolia to lower tariffs starting 2021 under regional trade pact
South Korea and Mongolia will lower tariffs on some products starting next year, as Ulaanbaatar joined a regional trade pact known as the Asia-Pacific Trade Agreement (APTA), Seoul's finance ministry said Friday.
Pakistan, Sri Lanka trade needs improvement
Bilateral trade between Pakistan and Sri Lanka which reached $460 million in 2018 had potential to cross $2.7 billion if governments on both sides improved the Pakistan-Sri Lanka Free Trade Agreement (PSFTA) and removed major impediments in tariff rationalisation, a SAARC study said.
Pushing for a sustainable palm oil industry
PALM oil industry players must remain committed and stay firm on fostering sustainable development and promoting responsible growth for the industry, amidst efforts to mitigate the effects from the COVID-19 health crisis.
Palm oil eases on profit-booking ahead of holiday
Malaysian palm oil futures eased on Wednesday, its second straight session of losses, on profit booking ahead of a public holiday after hitting a one-month high earlier this week
Malaysia's crude palm oil futures contracts hit all-time high
The total trading volume for FCPO reached a new historical all-time high of 12.0 million lots, surpassing the previous record of 11.91 million lots achieved in 2017.