comparemela.com

Latest Breaking News On - இண்தெற்டேக் சோதனை சேவை - Page 1 : comparemela.com

Palm oil stocks estimated to be 3pc higher in June 2021 | Daily Express Online

Palm oil stocks estimated to be 3pc higher in June 2021 | Daily Express Online
dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.

CGS-CIMB: Palm oil stocks estimated to be 3pc higher in June 2021 but level remains tight | Money

Monday, 05 Jul 2021 01:41 PM MYT Based on a survey by the CGS-CIMB futures team, the country produced 1.6 million tonnes of crude palm oil (CPO) in June, up two per cent m-o-m which was stronger than the 10-year historical trend of a 0.3 per cent m-o-m contraction in output. Picture by Shafwan Zaidon Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, July 5 Malaysia’s palm oil inventory is estimated to grow by three per cent month-on-month (m-o-m) to 1.61 million tonnes at end-June 2021 as lower local usage was offset by higher exports, according to CGS-CIMB Securities Sdn Bhd.

Strong palm oil exports push CPO futures higher at close

The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today on the back of stronger exports, a trader said. According to cargo surveyor Intertek Testing Services’ data for Feb 1-10, exports of Malaysian palm oil products rose 53.94% to 400,375 tonnes from 260,080 tonnes shipped during the same period in January.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.