Archived News

16/05/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

16/05/2017 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

16/05/2017 (Tempo.co) - Trade Minister Enggartiasto Lukita said that Indonesia’s palm oil export to Europe has increased despite European Union’s moratorium on the export of the commodity.

16/05/2017 (The Star) - Felda Global Ventures Holdings Bhd (FGV) expects its palm oil exports to China to double to 600,000 tonnes annually after its recent deal with China-based Sinograin Oils Corp.

16/05/2017 (Hindu Business Line) - Malaysian palm oil futures ended sharply higher on Monday, and climbed towards multi-month highs, on expectations of solid demand ahead of Ramadan festivities and further buoyed by firmer overnight soyoil.

16/05/2017 (Netralnews) – Suhariyanto, Head of Statistics Indonesia (BPS), has said that Indonesia's trade balance in April 2017 recorded a surplus of United States (US) $1. 24 billion, while export and import value have reached $13.17 billion $11. 93 billion, respectively.

16/05/2017 (Business Standard) - Amid rising domestic demand and restricted supplies from producing regions, crude palm oil prices were up by 0.50 per cent to Rs 503.60 per 10 kg in futures trade today as speculators built up fresh positions.

16/05/2017 (AgriMoney.com) - Olam International revealed it was "generally bearish" on the palm oil market, citing the prospect of production rebounds, as the cocoa-to-diary trader revealed a rise in earnings, helped by "opportunistic" business in grains.

16/05/2017 (Netralnews) – The government of Indonesia is ready to increase the export of crude palm oill (CPO) to China.

16/05/2017 (Jakarta Post) - Vice President Jusuf Kalla has called on the European Union to stop its negative campaign against palm oil products based on environmental issues.

16/05/2017 (Reuters) - Golden Agri-Resources Ltd's underlying profit in the first quarter jumped 70 percent from a year ago, helped by higher palm oil prices and continued recovery in palm production as the impact of a crop-damaging El Nino faded.

16/05/2017 (PRNewswire) - The Iran palm oil market is expected to reach USD 648.40 million by 2025, according to a new report by Grand View Research, Inc.