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Palm Oil Drops Most in Two Weeks as Malaysian Exports May Fall
Palm oil tumbled the most in almost two weeks on speculation that exports may decline from Malaysia after the world’s second-largest producer left a tax on shipments unchanged for a fourth month. The contract for July delivery slid as much as 1.1 percent to 2,277 ringgit ($759) a metric ton on ...
Palm Futures Slip on Bearish Data
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives closed lower for the second day yesterday on bearish export data, a dealer said. According to the cargo surveyor Intertek Testing Services, CPO exports were 16.7 per cent lower in the first 10 days of May from the same...
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CPO Futures Down on Weak Exports
KUALA LUMPUR: The crude palm oil futures contracts closed lower yesterday on worries over weak exports. HwangDBS Vickers Research said palm oil exports in April declined five per cent month-on-month to 1.449 million tonnes, on slower demand from China and India, due to high stocks. Meanwhile, s...
No New Oil Palm on Peatland Debate Hots Up
Sarawak planters on the losing end as most of their estates are on peat soil PLANTING oil palm on peatland has been a heavily debatable topic among oil palm planters and Western NGOs for quite some time but this issue is set to excalate to new levels this year. Oil palm planters in Indonesia and [&h...
No New Oil Palm on Peatland Debate Hots Up
Sarawak planters on the losing end as most of their estates are on peat soil PLANTING oil palm on peatland has been a heavily debatable topic among oil palm planters and Western NGOs for quite some time but this issue is set to excalate to new levels this year. Oil palm planters in Indonesia and [&h...
