Read also in category "Palm market news":
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.
Malaysia's cash palm oil prices higher, tracking gains in BMD CPO futures and tight supply.
Indonesia's PT Astra Agro Lestari (AALI.JK) Tuesday said in a statement it sold 6,500 metric tons of crude palm oil offered in an auction.
BMD CPO futures higher on fresh buying support after government says palm oil inventories were drawn down to around 1.5 million tons last month.
Following are Indonesian physical palm oil prices quoted by traders in rupiah a kilogram.
Indonesia's PT Perkebunan Nusantara said Tuesday it sold 12,000 metric tons of crude palm oil offered in a government auction.
BMD CPO futures up on falling stocks, say traders.
BMD CPO futures up; market sentiment bullish on tight supplies but potential for price downturn creeping in, say traders.
Malaysia will provide assistance to palm oil mills to set up facilities to control methane-gas emission, but won't make it mandatory for them to comply, Peter Chin, the country's minister for plantation and commodities, said Tuesday.
Malaysia's end-March palm oil inventories were likely down at around 1.5 million metric tons as the oil palm replanting program gathered pace, Minister for Plantation Industries and Commodities Peter Chin said Tuesday.
Crude palm oil prices, currently around MYR2,200 a metric ton, are "reasonable comfortable" for producers and global demand is "very stable," Azhar Abdul Hamid, managing director of Sime Darby Plantations, said Tuesday.
The following are prices for Malaysian palm oil in the cash market at 0430 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.
BMD CPO futures up after initial dip on stronger soyoil futures in after-hours trade, traders say.
Benchmark June CPO futures expected to open MYR20 down tracking weak overnight soyoil futures, say traders.
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