Archived News
19-10-2017
Malaysian palm oil/Vegoils: Market factors to watch Thursday Oct 19
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Oct 19.
19-10-2017
Palm oil prices may rise to US$850/T on weak output recovery, tight stocks
Crude palm oil prices are forecast to rise to $800 per tonne CIF Rotterdam by January, with potential to hit $850 by March 2018, said leading edible oils analyst Dorab Mistry on Wednesday.
19-10-2017
Mistry cuts Malaysia palm oil production forecast, sees prices climbing
Palm oil production in the world’s top growers may not live up to estimates after all, according to industry veteran Dorab Mistry.
19-10-2017
Boilermech to gain from strong overseas market demand through current venture
Analysts believe palm oil mill boiler maker Boilermech Holdings Bhd (Boilermech) stands to gain from strong demand from overseas market, on the back of its venture into biogas and water treatment in Kuching.
19-10-2017
Value of commodities export and production saw 21% increase, says Mah Siew Keong
The value of commodities exported and commodities-based production rose 21 percent to RM93.4 billion for the January to August 2017 period, said Datuk Seri Mah Siew Keong.
19-10-2017
Indonesia kicks off palm oil replanting to boost yields
Indonesia aims to replant about 20,000 hectares (49,400 acres) of smallholder palm plantations this year, under a government scheme aimed at boosting flagging yields, the agriculture ministry's director general of estate crops said today.
19-10-2017
MITI to strengthen trade relations with EU countries
The Ministry of International Trade and Industry (MITI) has embarked on a Trade and Investment Mission to European Union (EU) countries, namely Germany, the Netherlands and Belgium in an effort to further strengthen ongoing bilateral trade relations.
19-10-2017
Crude palm oil futures fall 0.26% on profit-booking
New Delhi, Oct 18 (PTI) Crude palm oil prices fell 0.26 per cent to Rs 533.70 per 10 kg in futures trade today as traders booked profits on weak advices from physical markets.
19-10-2017
Palm oil may fall to RM2,721
Palm oil January contract may fall to RM2,721 per tonne, as suggested by its wave pattern and a Fibonacci projection analysis.
19-10-2017
European vegetable oil prices 1600 GMT - Oct 18
Published below are the lowest available asking prices euro $1.1771 SOYOIL EU degummed euro tonne fob exmill Oct17 750.00 +0.00
19-10-2017
AM markets: Chinese soybean futures hit contract low
It isn't just in the US that harvest pressure is weighing on the soybean market.
19-10-2017
Malaysian palm oil prices fall back on weak demand, profit-taking
Malaysian palm oil futures prices fell on Tuesday after a run of daily gains, on slowing demand and profit-taking ahead of a public holiday on Wednesday.