JAKARTA (Nov 29): Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has called for greater cooperation between Malaysia and Indonesia to address the regulatory challenges facing the global palm oil industry. Speaking at a joint press conference after the 12th Council of Palm Oil Producing Countries (CPOPC) Ministerial Meeting on Friday, the minister warned…
The recent severe flooding across Malaysia is expected to significantly impact the country’s palm oil production. Heavy rainfall and flooding disrupt harvesting activities and logistics, leading to reduced output. For instance, during previous flood events, crude palm oil (CPO) production declined by up to 15% in affected regions. Given Malaysia’s role as a major palm…
KUALA LUMPUR (Nov 11): Malaysia’s palm oil stocks at the end of October this year fell 6.32% from the previous month to 1.88 million metric tonnes, the first decline in inventory in three months, data from the industry regulator showed on Monday. Crude palm oil production was down 1.35% in October from September, to 1.80…
Since the Federal Reserve’s decision to cut interest rates in September, the U.S. economy has been navigating a series of disruptions, ranging from labor strikes and hurricane recovery efforts to rising oil prices driven by an escalating conflict in the Middle East. One key challenge — the port strike along the East and Gulf Coasts…
A 2% rise in FCPO (Crude Palm Oil Futures) prices amid a 15% drop in trading volume and a 2% decrease in open interest suggests a few potential interpretations: Summary: The combination of a slight price increase with reduced volume and open interest suggests a lack of strong buying enthusiasm. It may indicate short-term gains…
(Nov 1): Palm oil rallied for a third day to its highest level in more than two years, on strong demand amid concerns over tightening supply. Shipments in October from palm oil’s second largest producer Malaysia climbed 11% from the month before, on stronger exports to India, China and the European Union (EU), according to cargo…
https://www.aar.org/rail-industry-overview/ The economic landscape is raising concerns as signs of a slowdown become more apparent. In July, the unemployment rate climbed from 4.1% to 4.3%, shifting concerns from high inflation to rising joblessness. This marks the fourth consecutive rise in the unemployment rate, indicating that the effects of prior Federal Reserve rate hikes are now…
Understand the Fundamentals of the Underlying Industry: Crude Palm Oil When investing in trading crude palm oil, it is essential to understand the fundamental drivers of crude palm oil prices. Supply and demand are the key drivers of prices. Crude palm oil traders closely watch factors that impact supply and demand. Let’s explore the fundamental…
Futures contract ticker codes are an abbreviated form of naming futures contracts with their respective contract month and year. Contract ticker codes can sometimes be confusing as different Exchanges and different platforms use their own unique conventions. However, there is a generally accepted convention to follow the order by using the ticker symbol followed by…
