Archived News

25/08/2017 (Jakarta Post) - Exports of crude palm oil (CPO) and its derivative products increased by 25 percent to 16.6 million tons despite sober demand amid competition against a rapeseed and soybean oil global glut in the first six months, Indonesian Palm Oil Producers Association (GAPKI) data shows.

25/08/2017 (Indonesia Investment) - India's decision to double import duties on crude palm oil (CPO) from 7.5 percent to 15 percent earlier this month should have a big impact (India being the world's largest palm oil importer). The move is an effort to protect domestic palm oil farmers. India also raised the levy on refined, bleached and deodorized (RBD) palm olein by 10 percent to 25 percent.

24/08/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

24/08/2017 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

24/08/2017 (Reuters) - Malaysian palm oil futures were poised to snap their winning streak on Wednesday, slipping from a five-month high hit in the previous session, as markets reacted to the U.S. decision to impose duties on biodiesel imports from Indonesia and Argentina.

24/08/2017 (ANTARA) - Indonesias Trade Minister Enggartiasto Lukita has expressed concern over Indias decision to raise crude palm oil import duty from 7.5 percent to 15 percent, during his meeting with Indian Minister of Processed Food, Harsimrat Kaur Badal, here on Wednesday.

24/08/2017 (Bernama) - Malaysia and Indonesia are currently discussing implementation of the B5 biodiesel programme in China, said Plantation and Commodities Industry Minister, Datuk Seri Mah Siew Keong.

24/08/2017 (Borneo Post) - Local player Ta Ann Holdings Bhd (Ta Ann) saw its core net income of RM68.9 million for the forst half of 2017 (1H17) coming in within expectations, with its plantations segment labelled as the ‘star performer’ by analysts.

24/08/2017 (ANTARA) - Indonesias exports of palm oil during the first semester of 2017 had increased by 25 percent as compared to the same period in 2016, according to the Indonesian Palm Oil Association (GAPKI).

24/08/2017 (Business Standard) - Crude palm oil prices softened by 0.17 per cent to Rs 514.40 per 10 kg in futures market today as traders reduced exposure due to easing demand in the spot market against adequate stocks position.

24/08/2017 (The Edge Markets) - Felda Global Ventures Holdings Bhd (FGV) is looking at raising its palm kernel shell (PKS) exports to Japan to 60,000 tonnes by the end of this year.

24/08/2017 (Outlook India) - Palmolein oil prices strengthened by Rs 100 per quintal at the wholesale oils and oilseeds market today following rising demand from vanaspati millers amid firm trend overseas.