PALM OIL NEWS 2022



KUALA LUMPUR (Sept 5): Malaysia's palm oil inventories at end-August likely swelled above two million tonnes for the first time in more than two years, lifted by a jump in production, a Reuters survey showed on Monday (Sept 5).

Stockpiles jumped 14.5% from the month before to 2.03 million tonnes, the highest since April 2020, according to the median estimate of nine traders and analysts polled by Reuters.



KUALA LUMPUR (Sept 1): The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives (BMD) ended weaker amid lower export estimates and weaker oil market prices, said palm oil trader David Ng.

He also said the CPO price closed below RM4,000 per tonne as prices continue to be pressured by lower exports.

SUMBER: NEW STRAITS TIMES, MS 17
1 SEPTEMBER 2022