Palm Voices: Plant A Thought

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Crude palm oil being unloaded from tankers

CPO price expected to strengthen further this year

6 January 2017

JASIN: The price of crude palm oil (CPO) is expected to strengthen further this year based on the price increase of up to 45% last year, as well as government initiatives to venture into various markets especially China.

Palm fresh fruit bunches are delivered to a mill in Johor August 24, 2016. – Reuters

Palm oil stockpiles likely to have fallen

6 January 2017

KUALA LUMPUR: Palm oil stockpiles in Malaysia likely fell last month for the first time since August as production in the world’s second-largest grower dropped by the most in almost a year.

THURSDAY, JANUARY 5  KUALA LUMPUR- Press conference on 'food flotilla' mission to Myanmar at Kontena Nasional, Jalan Klang Lama at 1500 (0700 GMT)  KELANTAN- Deputy Prime Minister Ahmad Zahid Hamidi(pic) visits flood victims at Sekolah Kebangsaan Gual Tinggi, Rantau Panjang. at 0845 (0045 GMT)

Diary Malaysia Thursday Jan 5

5 January 2017

KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS

Malaysian palm oil futures fell on Wednesday evening after two sessions of gains, tracking weaker rival oilseed soy, though tight supplies because of lower output curbed further losses.

Malaysian palm oil.Vegoils: Market factors to watch Thursday Jan 5

5 January 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tursday Jan 5.

Benchmark palm oil futures for March delivery on the Bursa Malaysia Derivatives Exchange were down 0.7 percent at 3,141 ringgit ($699) a tonne on Wednesday evening, their biggest daily pct drop since Dec. 29.

Malaysian palm oil price posts first fall in three sessions

5 January 2017

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday evening after two sessions of gains, tracking weaker rival oilseed soy, though tight supplies because of lower output curbed further losses.

Malaysian palm oil futures opened the year strongly on Tuesday, rising to a two-week high on weak output and a firm performance by fellow oilseed soy.

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Jan 4

4 January 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 4.

Palm earlier touched 3,172 ringgit, its highest level since Dec. 19. Traded volumes stood at 43,665 lots of 25 tonnes each at the end of the trading session.

Malaysian palm oil price opens new year strongly rising to two-week high

4 January 2017

KUALA LUMPUR: Malaysian palm oil futures opened the year strongly on Tuesday, rising to a two-week high on weak output and a firm performance by fellow oilseed soy.

Malaysian palm oil futures rose in late trade on Friday to close the year up 25.1 percent for the strongest annual gain since 2010.

Malaysian palm oil/Vegoils: Market factors to watch Tuesday Jan 3

3 January 2017

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Jan 3.

Group president/chief executive officer Datuk Zakaria Arshad(filepic) said that the group’s strategy would revolve around three main thrusts – business rationalisation to make the organisation leaner, drive for operational excellence and, selective external growth – all to be executed under uncompromising governance and transparency standards

Felda Global Ventures confident of emerging stronger in 2017

3 January 2017

PETALING JAYA: After a challenging and tumultuous year that saw investor sentiment on the stock take a beating, Felda Global Ventures Holdings Bhd (FGV), is optimistic of emerging leaner and stronger this year riding on improved plantation sector performance and commodity prices.

KWSP logo is seen outside the headquaters in Kuala Lumpur - AZHAR MAHFOF/The Star

EPF not to be blamed for leaving FGV

3 January 2017

THAT the Employees Provident Fund (EPF) does not have any stake in Felda Global Ventures Bhd (FGV) is certainly something that could not have gone down well with some quarters in Putrajaya.

 Other related palm oil products also recorded their biggest annual gains in six years. Refined, bleached and deodorized (RBD) palm stearin <PSTR-MYRBD-M1> prices surged 47 percent this year, while RBD palm olein rose 33 percent, according to assessment prices by Thomson Reuters.      Palm kernel oil topped the rest by soaring 85 percent in 2016.

Malaysian palm oil price rises, closes with strongest annual gain in 6 years

31 December 2016

KUALA LUMPUR: Malaysian palm oil futures rose in late trade on Friday to close the year up 25.1 percent for the strongest annual gain since 2010.

Malaysian palm oil futures eased on Thursday, dipping after two sessions of gains on year-end profit-taking and in line with declines in rival soyoil.

Malaysian palm oil/Vegoils: Market factors to watch Friday Dec 30

30 December 2016

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Dec 30.

Benchmark palm oil futures for March delivery on  the Bursa Malaysia Derivatives Exchange were down 0.7 percent at 3,106 ringgit ($693) a tonne at the end of the trading day. Traded volumes stood at 43,089 lots of 25 tonnes each in a day

Malaysian palm oil price falls on year-end profit taking

30 December 2016

KUALA LUMPUR: Malaysian palm oil futures eased on Thursday, dipping after two sessions of gains on year-end profit-taking and in line with declines in rival soyoil.

Malaysian palm oil futures rose to their highest in one-and-a-half weeks on Wednesday, marking a second consecutive session of gains, helped by tight supplies and improving exports.

Malaysian palm oil/Vegoils: Market factors to watch Thursday Dec 29

29 December 2016

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil mar kets on Thursday Dec 29.

Benchmark palm oil futures for March delivery on the Bursa Malaysia Derivatives Exchange were up 0.1 percent at 3,130 ringgit ($699) a tonne at the close of trade, after touching a high of 3,153 ringgit earlier in the day, its strongest since Dec. 19.   Traded volumes stood at 37,024 lots of 25 tonnes each at the end of the trading day, below the 2015 daily average of 44,600 lots.

Malaysian palm oil price highest in more than a week

29 December 2016

KUALA LUMPUR: Malaysian palm oil futures rose to their highest in one-and-a-half weeks on Wednesday, marking a second consecutive session of gains, helped by tight supplies and improving exports.

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