Archived News

22/08/2017 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

21/08/2017 (Reuters) - Malaysian palm oil futures were flat during the midday break on Monday, paring gains after climbing to a one-week high due to weaker export data from a cargo surveyor.

22/08/2017 (Bernama) - Malaysia has reiterated its commitment to practise the 3-P pillars of sustainable palm oil industry, namely, People, Planet and Profit, to overcome various challenges in the global market, including the European Union (EU) Parliament´s resolution on palm oil and deforestation.

22/08/2017 (Pakistan Observer) - Brisk shipping was observed at the port where five ship C.V MSC pina, C.V CMA CGM Narmaca, M.V E-Trader, M.T Tiama Gas M.T and Tom Val Brog carrying containers, Steel product LPG and Furnace oil were arranged berhting at Qasim International Container Terminal, Multi Purpose Terminal, SSGC Terminal and FOTCO Oil Terminal respectively on Sunday,August 20.

22/08/2017 (ANTARA) - Indonesia and Uzbekistan will enhance bilateral cooperation in agriculture, as the two countries have huge potential in the sector.

22/08/2017 (Hindu Business Line) - Under current in edible oils market remained firm on Monday despite ease month end physical demand. Sources said as physical demand remained thin and isolated. Stockiest preferred to fulfill old commitments as supply of imported oils remained sufficient. Re- entry of monsoon rain in major producing states Northen states, Maharashtra, Gujarat and Madhya Pradesh has increased the prospects for Kharif crops. However as per agriculture ministry till last week area under oilseeds crops was down by 10.13 percent to 157.36 lh (last year 175.10 lh).

21/08/2017 (UkrAgroConsult) - Malaysia, the world’s second palm oil producer after Indonesia (in physical terms), will keep the export duty rate unchanged at 5.5% in September, Reuters news agency reports.

22/08/2017 (Hindu Business Line) - Malaysian palm oil futures on Monday ended sharply higher on overnight soyoil strength. But gains were capped by weak export data from cargo surveyors.

22/08/2017 (Mongabay.com) — In the 10 years Arthur Inzofu has been growing oil palm trees at his farm in Isimichini village in western Kenya, he has seen few benefits. But he is not about to give up on the plant quite yet.

22/08/2017 (The Star) - TH Plantations Bhd posted weaker profits of RM7.19mil in the second quarter of its current financial year from RM7.58mil in the same quarter last year.

21/08/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

21/08/2017 (Borneo Post) - Malaysian palm oil futures reversed last week gains and traded slightly lower as India import tax hike hits sentiment, despite supported by expectation of rising demand and stronger performances by rival edible oils on Chicago Board of Trade (CBOT).