Palm Oil Prices

Latest News for: Palm oil prices

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World Food Commodity Prices Surge in April

This Day 07 May 2024

The statement also attributed the 0.3 per cent increase in March to higher quotations for sunflower and rapeseed oil offseted slightly lower prices for palm and soy oil.

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Sweeter mangoes, quality durian: Fruitful harvest expected amid heatwave in Malaysia

Vietnam News 06 May 2024

“However, a lower crop yield is still mitigated by a higher crude palm oil price.” ... The Malaysian Palm Oil Board recorded that in 2022, crude palm oil production increased by 1.9 per cent to 18.45 million tonnes, from 18.12 million tonnes in 2021.

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For sunflower oil refiners, volume to dip by 8-10 pc but operating margin likely to ...

The Economic Times 05 May 2024

Indian refined sunflower oil volumes in FY25 are expected to decline by 8-10%. Consumers are shifting back to soybean oil, leading to a forecasted profitability growth. Sunflower oil demand is influenced by palm oil and soybean oil prices ... .

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Logistics managers’ index report – 4th Quarter 2023

B & FT Online 06 May 2024

According to one respondent, “The demand for palm oil nationwide is affected by the availability of ... The more palm oil alternatives on the market, the lower the demand for palm oil and vice versa.”.

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STRONG DEMAND FROM INDIA IN APRIL LIFTS CPO FUTURES HIGHER AT CLOSE

Malaysian National News Agency 03 May 2024

... of vegetable oils, and higher purchases in April are probably due to seasonally stronger demand and lower palm oil prices.

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For sunflower oil refiners, volume to dip by 8-10 pc but operating margin likely to recover in FY25

The Times of India 03 May 2024

... influenced by palm oil and soybean oil prices.

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India’s April palm oil imports jump 41% to three-month high, dealers say

Hellenic Shipping News Worldwide 02 May 2024

India’s palm oil imports jumped by 41% in April from the previous ...

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CPO FUTURES TRACK SOYBEAN WEAKNESS, SNAP FOUR-DAY WINNING STREAK

Malaysian National News Agency 30 Apr 2024

Palm oil trader David Ng said a slower export pace also weighed on sentiment ... On the other hand, the external markets are pressuring palm oil more with a decline in crude oil prices,” he said.

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Palm oil slips 2% on expectations of weak export data

Hellenic Shipping News Worldwide 30 Apr 2024

Malaysian palm oil futures fell on Tuesday after gaining for two ...

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2024 biofuel subsidy funding needs 55% increase: BPDPKS

The Jakarta Post 29 Apr 2024

he country’s biodiesel subsidy is expected to skyrocket this year on the back of rising prices and export costs for crude palm oil (CPO), according to an official at the Oil Palm Plantation Fund ...

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CPO FUTURES TO TRADE IN NARROW RANGE NEXT WEEK

Malaysian National News Agency 27 Apr 2024

Palm oil trader David Ng noted that the market anticipated a higher palm oil output for ... “Next week, palm oil prices are expected to trade in a wider range of RM3,770 to RM4,100,” he said.

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Palm oil rebounds from two-day fall but still down weekly

Hellenic Shipping News Worldwide 26 Apr 2024

Malaysian palm oil futures rebounded from a two-day fall on Friday amid ...

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Stocks to watch: Axis Bank, Macrotech, LTIM, Nestle, Bajaj Finance, KMB

Live Mint 25 Apr 2024

Operating margins are predicted to rise by 238 basis points YoY to 24.5 percent, driven by deflation in milk and palm oil prices. Conversely, Robusta coffee prices surged by 45 percent YoY in Q1CY24, ...

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Malaysia keeps May CPO exports duty at 8 pct

Xinhua 23 Apr 2024

A circular from the Malaysian Palm Oil Board website showed on Tuesday that the CPO reference price for May has been increased to 4,273.93 ringgit (894 U.S.

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