Category Archives: News

September MPOA CPO production emerge lower than polls prediction

Malaysia September CPO production fell 1.44% to 1.68 million tons month-on-month according to MPOA data in contrast to the poll prediction of a rise of 1.60-2.80%. MPOA data which covers 2 million hectares or 36% of oil palm planted area in Malaysia showed… For more analysis please subscribe or get a free trial

CPO futures hit record high prices at the back of a surge in Brent crude oil prices to 3 year high and a firm canola futures

CPO futures raced to hit an all-time high of RM4786 on the most active month December contract on intraday trading today drawing support from a surge in Brent crude oil prices which hit a fresh 3 year high to US$81.26/barrel. Benchmark December contract year-to-date CPO prices have been sustained at 56% higher than the same