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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
VEGOILS-Palm oil falls on China demand concerns, lower soyoil prices
Malaysian palm oil futures reversed from early gains to close lower on Tuesday as an upcoming week-long holiday in China dampened demand prospects and a faster U.S. soy harvest put pressure on the rival oil.
Exports below expectations at 2.9% YoY
MALAYSIA’S exports returned to contraction of 2.9% year-on-year (YoY) in August 2020 at RM79.14 billion, compared to RM81.41 billion in the same month last year due to weak demand from regional partners despite recording positive growth in two consecutive months.
Tanzania: Govt Disburses Over 1bn/ - for Palm Oil Production
PALM oil producers in the country may now have a reason to smile after the government's decision to disburse about 1.4bn/- to Tanzania Agricultural Research Institute (TARI) as budget support to increase production.
Malaysia to place COVID-19 restrictions in some parts of biggest palm oil state Sabah
Malaysia on Monday said it will impose strict movement restrictions in four districts in its largest palm oil producing state Sabah after reporting more than 1,000 coronavirus infections there in September.
Stakeholders in oil palm sector seek review of RSPO national interpretation
Stakeholders in the oil palm industry, at the weekend, sought a review of the Roundtable for Sustainable Palm Oil (RSPO) National Interpretation (NI) to transform the sector.
Impending wet season pushes CPO to close higher
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, driven by the impending rainy season which will lead to lower production.
Fima proposes to acquire plantation land in GuaMusang for RM51 mil
Fima Corporation Bhd is proposing to buy two pieces of leasehold plantation land measuring 3,237 hectares (ha) in GuaMusang, Kelantan for RM51.5 million.
VEGOILS-Palm oil ends flat; plans of fresh Malaysia curbs help prices
Malaysian palm oil futures ended unchanged on Monday as gains stemming from supply concerns after Malaysia said it would impose fresh COVID-19 curbs offset losses from China traders unloading positions ahead of a week-long holiday.
La Nina set to support CPO price
The coming La Nina weather phenomenon that will bring heavier than usual rainfall may determine the pace of the current upward trend of crude palm oil (CPO) prices.
