Archived News

BREAKING NEWS indeed as (Indonesian) Palm oil producers pledge to promote sustainability at UN Forum and the government seeks UNDP support for ISPO palm oil standard.

12/09/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

12/09/2017 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT.

12/09/2017 (Reuters) - Malaysian palm oil futures jumped to their highest level since March in Monday's session driven by a fall in production and higher exports that kept inventory numbers lower than expected.

12/09/2017 (The Star) - Malaysia's total palm oil stocks in August 2017 rose 8.79% to 1.94 million tonnes from 1.78 million tonnes in July.

12/09/2017 (Outlook India) - Crude palm oil prices were trading up by 0.19 per cent to Rs 532.40 per 10 kg in futures trading today as speculators created fresh positions following pick-up in demand in the spot market.

12/09/2017 (India.com) - Prices of groundnut and mustard oil fell by up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand against adequate stocks position.

12/09/2017 (Reuters) - India’s soybean production during the 2017/2018 crop year may drop 22 percent from a year ago after a reduction in the planting area and because of a prolonged dry spell in key growing regions, industry officials and farmers said.

12/09/2017 (Indonesia Investments) - Indonesian entrepreneurs urge the central government to sign more bilateral free trade agreements because Indonesia's export products currently miss out on competitiveness as regional counterparts - such as those in Malaysia, Thailand and Vietnam - can enjoy little or zero import duties under such agreements with specific trading partners, while the Indonesian government remains hesitant to be engaged in these deals.

11/09/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

11/09/2017 (Borneo Post) - Malaysian palm oil futures jumped around two per cent, tracking a six-month high on optimism for the European Union’s (EU) anti-dumping vote and supported by gains in rival oils on the Chicago Board of Trade (CBOT) and China’s Dalian Commodity Exchange.

11/09/2017 (Bernama) - The bilateral trade between Malaysia and Kazakhstan is expected to increase further this year, exceeding the US$50 million (US$1=RM4.19) level, spurred by stronger diplomatic relations between both nations.