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Weak availability of soy seeds with the crushers and slack demand in palm oil because of intense cold, have further perked up soy oil prices in Indore mandis with soy refinedquoted at ₹752-55 for 10 kg, while soy solvent rose to ₹718-2

The Chinese market demand for durians is rapidly growing and the fruit has become one of Malaysia's most import exports to China. Malaysia encourages the large-scale plantation of durian. The overall export volume of Malaysian durian is expected to have grown by 50% in 2030

The Philippines may have a hard time negotiating for a free trade agreement with the European Union, an official of the Department of Trade and Industry said Monday

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Jan 3..

KUALA LUMPUR: Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world's largest edible oil importer India announced import tax cuts, amid expectations of a fall in production.

KUALA LUMPUR: There is a good chance that palm oil may regain some market share it lost previously in India after the government announced a reduction in import duties on crude palm oil and refined palm oil, effective since Jan 1.

Maintain neutral: India has cut the import taxes on crude and refined palm oil from Southeast Asian countries after a request from suppliers, a government notification said. The duty on crude palm oil (CPO) was lowered to 40% from 44%, while the tax on refined palm oil (RPO) was cut to 50% from 54%, according to the notification issued on Monday. The Indian government in a separate notice said Malaysian shipments of RPO will be taxed at 45% versus 54% before. The revised duties took effect on Tuesday.

The New Year gift of the government to palm refining industry in the form of reducing the duty difference between crude palm oil (CPO) and palmolein has the potential of sounding the death knell of the industry, the Solvent Extractors Association of India (SEA) has stated in reaction to the Centre’s decision.

he ICE Futures canola contacts rallied throughout the day Wednesday to close stronger, following the lead of the soy complex.

02 Jan 2019 --- As 2019 gets underway, the spotlight is back on the palm oil industry as Malaysian government officials condemn the recent French National Assembly’s vote to exclude palm oil biofuels as “unwarranted and unjust.” The decision threatens the livelihoods of more than 650,000 Malaysian small farmers who rely on palm oil, according to the country’s government – and the move by France could spark trade retaliation – as Malaysia strongly protests and plans to “muster support from other key palm oil producers.”

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 2.

KUALA LUMPUR: Malaysian benchmark crude palm oil futures opened nearly 1 percent higher on Wednesday, a bullish start to the first day of trading in 2019 after India announced import tax cuts on palm oil from Southeast Asian countries.