Palm oil rises on profit-taking
Malaysian palm oil futures edged higher on Friday on a weaker ringgit and profit-taking ahead a long weekend, but they still posted weekly losses. The benchmark palm oil contract for
Malaysian palm oil futures edged higher on Friday on a weaker ringgit and profit-taking ahead a long weekend, but they still posted weekly losses. The benchmark palm oil contract for
International palm oil prices have stabilized, having hit record highs last year. Pakistan’s import unit cost for palm oil in December 2022 at $1,043/ton was the lowest in 21 months
Malaysian palm oil futures closed higher on Wednesday, tracking strength in crude and rival edible oils, although talks of key buyer India weighing higher import duties partially dampened sentiment. The
Sustainable palm oil is a way of producing palm oil that ensures minimal impact on the environment of the regions it’s grown in. It’s a key aspect of our work
Malaysian palm oil futures jumped to a near five-week closing high in the first trading session of the year, underpinned by production slowdown and tighter Indonesian supply. The benchmark palm
Malaysian palm oil futures rose on Monday, underpinned by higher crude prices and Indonesia’s plan to raise its biofuel mandate, although concerns over another COVID-19 outbreak in China capped gains.
Malaysian palm oil futures rose on Tuesday, posted the biggest daily gain since Nov.1 after posted sharp decline in previous session as smaller-than-expected inventories, a weaker ringgit and firmer crude
The price of crude palm oil (CPO) is likely to remain firm as the local estates enter into the low-production season amid strong demand due to the upcoming Christmas and
Palm oil is an incredibly efficient and productive crop and has a valuable place in the food chain. But in recent years, sustainability concerns have emerged, prompting major buyers to
Malaysian palm oil futures rebounded in the afternoon session on Wednesday, posting a third straight day of gains, as related oils lend strength and amid expectation of firm Nov. 1-25 export