Palm Oil News

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OBSERVATIONS: Speculation over a palm oil supply squeeze and mid-week strength in the US soyabean oil futures bull market were the primary drivers behind the surge in the local Kuala Lumpur CPO futures market ... continue reading
Tan Sri Bernard Dompok was in a good mood as he left Rabat, the capital of Morocco, on Aug 6 to return to his hotel in Casablanca, the north African nation’s largest city.The Plantation ... continue reading
JAKARTA: Malaysian palm oil futures edged lower today as investors locked in gains from a three-day rally in absence of fresh leads, traders said.“Technically the market was in overbought region so people just made ... continue reading
KUALA LUMPUR, Aug 18 (Bernama) -- Sitt Tatt Bhd (STB), which is predominately involved in the semiconductor and property industry, is planning to diversify its business into oil palm refining in Indonesia by early ... continue reading
SERDANG, Aug 14 (Bernama) -- Malaysia's palm oil stocks are likely to be flat at 1.3 million tonnes this month, the same level as in July, due to increase in demand and lower production ... continue reading
JAKARTA: Malaysian palm oil futures dropped 3.3 per cent by midday today, moving in line with rival soybeans, as investors locked in profits after prices rose to a 10-week high a day earlier. The ... continue reading
OBSERVATIONS: Wait and see.That is the stance Kuala Lumpur CPO market players appear to have taken, probably because the leads the market was getting did not jibe with talk of a supply squeeze and ... continue reading
IJM Plantations Bhd aims to achieve double-digit growth for its oil palm crop production by 2012, aided by its venture into Indonesia, chief executive officer Velayuthan Tan said today. He said the firm, which ... continue reading

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