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Low CPO prices to affect planters’ earnings
PETALING JAYA: Malaysian oil palm planters’ earnings in the first quarter of this year will likely be weighed down by lower crude palm oil (CPO) and palm kernel (PK) prices.
CIMB Research sees CPO averaging RM2,700 in 2018
KUALA LUMPUR: CIMB Equities Research expects the lower palm stockpile projected for March and concerns over lower soybean crops to be supportive for crude palm oil (CPO) prices.
Bank Negara: More moderate commodity price growth in 2018
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.
Palm oil supported above US$500 if crude oil price keeps near current price
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.
Palm oil stocks fall 5.72% in January
KUALA LUMPUR: Malaysia's total palm oil stocks in January 2018 fell 6.75 per cent to 2.55 million tonnes from 2.73 million tonnes recorded in December last year, said the Malaysian Palm Oil Board (MPOB).
Palm oil stockpiles may rise to 2.7 million tonnes
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.
Indonesia Nov palm oil exports likely fell on weak global demand
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
Malaysian palm oil/Vegoils: Market factors to watch Monday Nov 20
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Nov 20.
Indonesia Oct CPO output, stocks seen up after peak harvest
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.
