Malaysian Palm Oil Board (MPOB): Malaysia's palm oil stocks are expected to fall to 1.50 million tonnes by the end of February, the lowest level in nearly two years.
Daily Malaysian Palm Oil Point Forecast, a selection of research institutions report on the fundamentals and technical points of palm oil.
BMD Malaysia's main palm oil contract rose by 4.00% during the day and is now trading at RM4,770/ton.
On February 15, Malaysia's independent inspection agency Amspec said that Malaysia exported 441,632 tons of palm oil from February 1 to 15, down from 503,813 tons from January 1 to 15.
According to Decrypt, an explosion in the Malaysian city of Bandar Puncak Alam has uncovered an illegal bitcoin mining operation, marking another cryptocurrency-related electricity theft in the country. At 11:41 a.m. on Tuesday, smoke and flames billowed from the house involved, and local residents called for help. After the fire was extinguished at 4:45 p.m., investigators discovered a complex illegal device: nine bitcoin mining machines, blowers, and a D-link router, all connected to unidentif...
BMD Malaysia's main palm oil contract rose by more than 2.00% in the day and is now trading at 4,685 ringgit/ton.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia's palm oil production in January was 1237,078 tons, a decrease of 16.80% compared with the previous month.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia's palm oil inventories in January were 1579,763 tons, a decrease of 7.55% compared with the previous month.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia's palm oil exports in January were 1,168,324 tons, a decrease of 12.94% compared with the previous month.
On February 10, the Malaysian Palm Oil Board (MPOB) reported that Malaysia imported 88,474 tons of palm oil in January, an increase of 133.34% from the previous month.
U.S. EIA Cushing, Oklahoma crude oil inventories for the week to January 31 - 34,000 barrels, previous value 326,000 barrels.
On February 2nd, local time on February 1st, US Secretary of State Rubio arrived in Panama City, the capital of Panama, by plane to officially start his visit to Panama. This is also Rubio's first foreign visit after taking office as US Secretary of State. He will start in Panama and visit five Latin American countries including Guatemala, El Salvador, Costa Rica, and Dominica. According to the currently announced itinerary, Rubio will meet with Panamanian President Mulino and visit the Panama C...
Daily Malaysian Palm Oil Point Forecast, a selection of research institutions report on the fundamentals and technical points of palm oil.
On January 20, the head of Malaysia's sovereign wealth fund said that he remains cautious about cryptocurrencies.
Daily Malaysian Palm Oil Point Forecast, a selection of research institutions report on the fundamentals and technical points of palm oil.