Government has cut the import duty on crude palm oil to 10% from 15% for a period of June 30 to September 30 2021. Effective duty on the CPO was however at 35.75 percent (15% duty […]
Palm oil prices turning to Positive side
Malaysian palm oil futures climbed more than 1% on Tuesday, recovering from two previous sessions of sharp declines, along with this MPOB data declared Ma Palm oil stocks id down by 10.34% but production is slightly […]
Palm oil bearish fundamentals are more dominating then market opportunity
Malaysian palm oil futures prices continuously in a falling streak, fell more than 2% to their lowest in nearly a month, mostly weighed down by weaker related edible oils. Also, the expectation of higher than expected […]
April 2019 MPOB data limit the recent gains in palm oil prices
Malaysian palm oil futures extended the loss due to lesser than forecasted fall in stocks and lesser than anticipated export pace in the month of March. MPOB data pegged March end-stocks and output higher than forecast. […]
MPOB palm report with bearish outlook on lean production season
Malaysia palm oil future prices closed again with the lower side in last week while in today was MPOB of data, day and as expected its there in the market with bearish outlook as inventory level […]
Import prospects improves of palm oil as world’s biggest edible oil buyer reduced the Import duty on 31st Dec 2018
Indian Govt. has reduced the Import duty on crude palm oil to 40 per cent from 44 per cent from Southeast Asian (Asean) countries after a request from suppliers, while on refined palm oil is import duty […]
Weak production & Flat export trend supporting the palm oil prices
Malaysia palm oil future prices increased more than 1%, on weak fundamentals projections slo wing output in Malaysia and easing stock levels in Indonesia supported the prices. This month MPOB data, Malaysian palm oil production has […]
Palm pares some losses on lower-than-expected Oct inventory levels
Malaysian palm oil futures pared some losses on Monday during the second half of trade, as official data showed lower-than- forecast inventory levels, but still ended lower after falling as much as 1 percent. The benchmark […]
Indian soybeans association urges government not to reduce palm oil duties
The Soybeans Processors Association of India sent a letter to the Indian ministry of Commerce and Industry on Wednesday, which was released late Thursday, urging the government not to reduce the duty on crude palm oil […]
India Edible Oil: Most down; NCDEX soybean gains tracking CBOT
Futures contracts of most components of the edible oils basket, barring soybean, fell on the domestic exchanges on Friday. Soybean futures on National Commodity and Derivatives Exchange settled 0.4% higher in line with gains key contracts on Chicago Board […]
SOPA urges govt not to cut import duty on palm oil under trade pacts
Soybean Processors Association of India has requested the government not to cut import duty on crude and refined palm oils to comply with trade pacts signed with Southeast Asian countries. “We have taken up the matter […]
Malaysia CPO down on strong ringgit, higher stocks
Malaysia CPO down on strong ringgit, higher stocks
Malaysia CPO down tracking CBOT soyoil cues.
Futures contracts of crude palm oil on Bursa Malaysia Derivatives fell marginally taking cues from soyoil contracts on CBOT. Prices of crude palm oil and soy oil typically move in tandem, as both are used as substitutes for each other.
Malaysia CPO down tracking CBOT soyoil cues.
Malaysia CPO down tracking CBOT soyoil cues.
Malaysia CPO up on CBOT cues, low output concern.
Futures contracts of crude palm oil on Bursa Malaysia Derivatives up tracking soyoil contracts on CBOT and due to concern about lower output in the coming months. The most-active December crude palm oil contract on the Malaysian bourse at 2,741 ringgits (42,175 rupees) per MT, up 27 ringgits from previous close. A weak ringgit against the dollar is also seen pushing prices of the palm oil higher
Malaysia CPO up on CBOT cues, low output concern.
Malaysia CPO up on CBOT cues, low output concern.
Malaysia CPO up tracking CBOT soy oil, high exports.
Malaysia CPO up tracking CBOT soy oil, high exports.