[ad_1] KUALA LUMPUR: Malaysia’s palm oil stocks hit a four-month low at the end of December as production slumped to its lowest level in six months, offsetting a slowdown in…
Tag: CPO
Malaysia Palm Oil Board sees 2024 palm oil production improving
[ad_1] KUALA LUMPUR: Malaysian palm oil production in 2024 should come in at 18.75 million tons, amid improving labour conditions, industry regulator Malaysian Palm Oil Board (MPOB) said on Thursday.…
Malaysia’s palm oil stocks falls 1.09% to 2.42 mln tonnes in November
[ad_1] KUALA LUMPUR: Malaysia’s total palm oil stocks fell by 1.09 per cent to 2.42 million tonnes in November from 2.45 million tonnes in October, according to the Malaysian Palm…
Sime Plantation’s net profit triples to RM1.21bil in 3Q as upstream ops recovers
[ad_1] KUALA LUMPUR: Sime Darby Plantation Bhd is looking to end 2023 with a satisfactory financial performance as it turned in a robust set of earnings for its third quarter…
CPO futures likely to trade sideways with downside bias next week
[ad_1] KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is anticipated to trade sideways with a downside bias next week, mainly due to the current…
United Plantations shares rise after strong 3Q showing
[ad_1] KUALA LUMPUR: The trading stock of United Plantations Bhd picked up in morning trade following the release of strong quarterly earnings. The share rose 52 sen or 3.09% to…
United Plantations remains mindful of challenges ahead
[ad_1] KUALA LUMPUR: United Plantations Bhd believes it is shaping up to be a very satisfactory year, based on current palm oil prices and the company’s efforts to secure the…
CPO prices set to recover
[ad_1] KUALA LUMPUR: Palm oil industry experts remain optimistic for a recovery in crude palm oil (CPO) prices, which are expected to surpass the RM4,000 per tonne mark in 2024.…
MPOB expects CPO to hover around RM4,000 a tonne
[ad_1] KUALA LUMPUR: There will be little change to Malaysia’s production of palm oil for this year as compared with 2022, with the price of crude palm oil hovering around…
CPO futures expected to trade rangebound next week
[ad_1] KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade rangebound next week ahead of the release of key crop report by the…