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1. 26/11/2020
KUALA LUMPUR (Nov 25): The Malaysian Palm Oil Association (MPOA) wants the United Kingdom (UK) to open its market wider for Malaysian palm oil.
2. 26/11/2020
KUALA LUMPUR, Nov 25 (Reuters) - Exports of Malaysian palm oil products for Nov. 1-25 fell 18.9% to 1,145,868 tonnes from 1,412,361 tonnes shipped during Oct. 1-25, according to independent inspection company AmSpec Agri Malaysia on Wednesday. Here is the breakdown of the AmSpec Agri Malaysia palm export figures for Nov 1-25 compared with a month ago (in tonnes):
3. 26/11/2020
KUALA LUMPUR (Nov 25): Genting Plantations Bhd saw its net profit for the third quarter ended Sept 30, 2020 (3QFY20) surge by more than three folds to RM61.38 million, from RM17.96 million a year ago, driven by higher revenue and palm oil prices.
4. 26/11/2020
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, backed by stronger soybean oil prices on the US Chicago Board of Trade coupled with stronger crude oil prices.
5. 26/11/2020
KUALA LUMPUR (Nov 25): IJM Plantations Bhd’s net loss narrowed to RM1.04 million in the second financial quarter ended Sept 30, 2020 (2QFY21) from RM2.32 million in the previous corresponding quarter.
6. 26/11/2020
KUCHING (Nov 25): Malaysian Palm Oil Board (MPOB) is proposing an additional cess payment of RM5 for every metric tonne of crude palm oil to be imposed for one year starting January 2021.
7. 26/11/2020
KUALA LUMPUR: The RM400 million injection for the Cooking Oil Price Stabilisation Scheme (COSS) through Budget 2021 is expected to have an impact on the B40 target groups, said Domestic Trade and Consumer Affairs Minister Datuk Seri Alexander Nanta Linggi.
8. 26/11/2020
KUALA LUMPUR (Nov 25): TDM Bhd reported today that its third-quarter profit after tax from continuing operations stood at RM22.37 million, versus a loss after tax of RM3.81 million a year earlier, as group revenue rose on higher plantation income.
9. 26/11/2020
Higher soybean and corn export values led the U.S. Department of Agriculture to raise its fiscal year (FY) 2021 agricultural export forecast to $152.0 billion, up $11.5 billion from the August forecast.
10. 26/11/2020
SINGAPORE/BEIJING (Reuters) - Some Chinese soybean importers and processors are looking to cancel deals signed for U.S. cargoes for December and January shipment, after crushing margins collapsed following a steep rally in Chicago futures, three trade sources said.
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