Palm oil rises on support from rival oils
Malaysian palm oil futures rose on Monday for a third straight session, supported by gains in rival Dalian and Chicago soyoil. The benchmark palm oil contract FCPOc3 for March delivery on the
Malaysian palm oil futures rose on Monday for a third straight session, supported by gains in rival Dalian and Chicago soyoil. The benchmark palm oil contract FCPOc3 for March delivery on the
Analysts have foreseen better crude palm oil (CPO) prices in 2024, as El Nino weather is expected to affect palm oil supply. RHB Investment Bank, the largest investment bank by
Malaysian palm oil futures jumped on Monday due to falling inventories and expectations of lower output because of dry weather conditions. The benchmark palm oil contract for March delivery on
Dekel Agri-Vision PLC on Monday announced that palm oil production soared to record heights in November at its Ayenouan project in Ivory Coast. The West Africa-focused agricultural company said the
Malaysian palm oil futures ended slightly higher on Monday, extending gains from the previous session, as the market tracked strength in Chicago soyoil prices. The benchmark palm oil contract FCPOc3
Palm oil, often dubbed “liquid gold” for its versatility and economic importance, is an edible vegetable oil derived from the fruit of oil palm trees, primarily the African oil palm
Dekel Agri-Vision Plc (LON:DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, has provided a record November 2023 monthly production update for its Ayenouan palm oil
Palm oil stockpiles in Malaysia likely expanded for a seventh straight month to the highest level since April 2019 as production in the world’s second-biggest grower outstripped its exports of
Malaysian palm oil futures ticked up on Tuesday after range-bound trade, supported by strength in rival edible oils, although poor demand and expectations of declining production kept the contract near
Malaysian palm oil futures rose for a second session on Tuesday, buoyed by low production and signs of an increase in Chinese soy demand, although easing exports capped the gains.