Category Archives: News

MPOB March – Higher than expected rise in stocks from stronger gain in production offers a bearish outlook on prices

                    MPOB Malaysia—March end-month palm oil stocks rose much higher than expected after production locked in the best monthly rise in 6 years and domestic consumption plunged to the lowest in 11 months from a high base in the previous month and higher prices. The pick-up

USDA April – Malaysia palm oil production slashed. Brazilian soybean crop size raised and U.S domestic stocks left unchanged

                        Malaysia CPO production for the marketing year September 2020 to August 2021 was slashed by 600,000 tons to 19 million tons from the previous month’s projection of 19.60 million tons in the latest USDA April report – released 9 April 2021. Dismal output