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KUALA LUMPUR: Bank Negara Malaysia expects export prices of major commodities such as crude oil and liquefied natural gas (LNG) versus crude palm oil (CPO) to diverge in 2018, after the synchronous and strong rebound in 2017.
KUALA LUMPUR/SINGAPORE: Crude palm oil (CPO) prices will not drop below $500 a tonne this year if markets for crude oil stay around current levels, leading sector analyst James Fry told Reuters this week.
PETALING JAYA: Palm oil stockpiles, which is almost at a two-year high, may rise further to 2.7 million tonnes as at the end of December from 2.56 million tonnes in November last year.
JAKARTA: Indonesia's crude palm oil (CPO) exports likely fell in November on weak demand from main markets such as India and China, while production edged lower, a Reuters survey showed on Thursday
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Nov 20.
JAKARTA: Indonesia's crude palm oil output was forecast to have risen for the fifth straight month in October as palm harvest peaked, boosting stockpiles, a Reuters survey showed on Friday.