# POIC Lahad Datu designated as Tender Port for CPO, Palm Olein Futures | Borneo Post Online

> The Asia Pacific Exchange designated POIC Lahad Datu in Sabah as its third tender port for crude palm oil and palm olein futures in Malaysia. The designation links local palm oil traders with international buyers through the exchange's pricing system.

- Date: 2019-05-22 · published 2019-05-22T12:00:00.000Z
- Category: logistics · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/59203-poic-lahad-datu-designated-as-tender-port-for-cpo-palm-olein-futures-borneo
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The new tender port broadens delivery and pricing options for Malaysian palm oil, which may improve market liquidity but has little immediate effect on prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-08-23 | [CLECAT \| EU DEFORESTATION DATA POSES RISKS TO IMPORTS](https://feedsoft.ai/events/28807-clecat-eu-deforestation-data-poses-risks-to-imports.md) | +0.9% | +7.0% |
| PALMOIL | 2026-07-28 | [Sunflower processors lower purchase prices due to uncertainty with oil logistics.](https://feedsoft.ai/events/18461-sunflower-processors-lower-purchase-prices-due-to-uncertainty-with-oil-logistics.md) | +0.8% | +4.8% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/05/22/poic-lahad-datu-designated-as-tender-port-for-cpo-palm-olein-futures/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
