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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
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Kuala Lumpur , Sdn Bhd , Intertek Testing Service , Amspec Malaysia , குவாலா லம்பூர் , ஸ்டன் ப்ட் , இண்தெற்டேக் சோதனை சேவை , அம்சப்பெக் மலேசியா ,

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
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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. ....

Kuala Lumpur , Sdn Bhd , Shafwan Zaidon , Intertek Testing Service , Amspec Malaysia , குவாலா லம்பூர் , ஸ்டன் ப்ட் , இண்தெற்டேக் சோதனை சேவை , அம்சப்பெக் மலேசியா ,

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. ....

Kuala Lumpur , Intertek Testing Service , Chicago Board Of Trade , Malaysian Palm Oil Board , Bursa Malaysia Derivatives , Chicago Board , February South , குவாலா லம்பூர் , இண்தெற்டேக் சோதனை சேவை , சிகாகோ பலகை ஆஃப் வர்த்தகம் , மலேசியன் பனை எண்ணெய் பலகை , சிகாகோ பலகை , பிப்ரவரி தெற்கு ,