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Business 03 Jan 2009 | 12:00 AM

Strengthening CPO prices

The Plantation Industries and Commodities Ministry and the Malaysian Palm Oil Board (MPOB) came under heavy criticism lately from planters badly affected by the sharp fall in crude palm oil (CPO) prices. Planters are urging the Government to consider relaxing the payment of MPOB cess, CPO sales taxes and regulating the high fertiliser prices. Minister Datuk Peter Chin Fah Kui talks at length on the latest strategies and measures taken by his ministry.

Plantations 14 Nov 2017 | 12:00 AM

CPO stockpile highest in 21 months, exerts pressure on prices

PETALING JAYA: The alarming rise in the palm oil stockpile and higher production will likely exert downward pressure on crude palm oil (CPO) prices in the near term, according to analysts.

Business 05 Jan 2015 | 12:00 AM

Zero duty for CPO likely to be extended

PETALING JAYA: Palm oil refiners facing a margin squeeze from the recent imposition of the zero crude palm oil (CPO) export tax are bracing for an extension of the zero duty, which is expected to remain up till next month.

Commodities 09 Jan 2018 | 12:00 AM

CPO export tax move good for firms with upstream ops

PETALING JAYA: The move to suspend crude palm oil (CPO) export taxes for three months is positive for Malaysian planters as it will help boost exports of the commodity.

Commodities 07 Jul 2017 | 12:00 AM

CPO price discount to soybean oil widening, may result in demand for CPO

PETALING JAYA: Crude palm oil (CPO) price discount to its main competitor, soybean oil, is expected to widen by about US$70 to US$100 per tonne after trading at almost zero discount in February, say analysts. Should the price discount gap gets bigger, analysts project that demand for CPO could increase in the coming months.

Business 18 Jan 2016 | 12:00 AM

CPO to buck trend, price to increase?

PETALING JAYA: A combination of lower production, the dry spell and resilient exports have led to brighter crude palm oil (CPO) outlook despite falling oil prices.

Business 11 Jul 2015 | 12:00 AM

Analysts cut CPO forecasts

PLANTATION analysts are slashing their crude palm oil (CPO) price forecasts by 8% to 21% for the full years 2015 and 2016, in contrast to their bullish projections of RM2,400-RM2,500 per tonne earlier this year.

Business 04 Apr 2015 | 12:00 AM

CPO export tax brings cheer to palm oil refiners

THE re-imposition of Malaysia’s export tax on crude palm oil (CPO) at 4.5% this month after its suspension since September last year, is seen as a mixed blessing by local palm oil industry players.

Business 18 Oct 2016 | 12:00 AM

CPO soars on bullish near-term price outlook

PETALING JAYA: The price of crude palm oil (CPO) climbed to its highest level since March, boosted by bullish near-term price outlook for the edible oil.

Plantations 12 Dec 2018 | 12:00 AM

CPO price seen to be 20% down this year, profits may be affected

PETALING JAYA: Analysts have pegged the average crude palm oil (CPO) price for this year to drop by over 20% at RM2,260-RM2,280 per tonne, compared with RM2,815 per tonne recorded in 2017.