Palm oil inches up
Malaysian palm oil futures firmed after a volatile trading day on Thursday, helped by estimates of a steep drop in November production and news of top buyer Indonesia hiking its crude palm oil levy.... < read more >

Ringgit to remain strong on positive fundamentals
THE ringgit is expected to continue strengthening to the 4.00 level next year on the back of a recovering economy helped by the distribution of vaccines to combat the Covid-19 pandemic, stronger energy prices and fund inflows. .... < read more >

Palm oil demand will be limited if prices continue to rise, say analysts
Palm oil demand may be restrained next year, as supply shortages triggered by unfavourable weather, infrastructure issues and the Covid-19 pandemic push prices up further, analysts told a virtual palm oil conference on Thursday..... < read more >

Crude palm oil futures up 0.72% to Rs 880.20 per 10 kg in evening trade
Crude palm oil (CPO) futures traded firm at Rs 880.20 per 10 kg on December 3 as participants increased their long position as seen by the open interest. Malaysian palm oil futures gained 0.39 percent to settle at 3,329 Ringgits on Bursa Malaysia Bhd.... < read more >

Malaysia's palm oil likely down 2% m-o-m to 1.54 million tonnes at end-November as production fell, says CGS-CIMB Research
Malaysia's palm oil inventory was likely to have fallen 2% month-on-month (m-o-m) to 1.54 million tonnes at end-November, the lowest for the month since 2004, due to lower production, said CGS-CIMB Research..... < read more >

Economics and Industry Development Division
Malaysian Palm Oil Board