Archived News
22-03-2017
Crude Palm Oil Futures Extend Losses, Down 0.34% on Low Demand
22/03/2017 (Business Standard) - Continuing its losing streak for the second straight day, crude palm oil fell 0.34 per cent to Rs 519 per 10 kg in futures market today as participants engaged in reducing their positions, tracking a weak trend at the spot market on sluggish demand.
22-03-2017
Shipping Activity At Port Qasim
22/03/2017 (Pakistan Observer) - Four ships C.V Al-Asya, C.V Express Black Sea, M.T Bunga Alamanda and M.T Al-Salam-II carrying containers, 23,500 tonnes palm oil and 52,475 tonnes diesel oil were arranged berthing at Qasim International Container Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively on Sunday.
22-03-2017
Mustard Oil Edges up on Local Demand
22/03/2017 (Outlook India) - Mustard oil prices inched up by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market on scattered demand from local parties.
22-03-2017
Indonesia Palm Export Growth 'To Stay Weak', Despite Output Jump
22/03/2017 (AgriMoney.com) - US officials flagged stagnation in Indonesia's palm oil exports, with importers seeing better value in rival vegetable oils, even as production looks on track for strong growth, as a hangover from El Nino wears off.
22-03-2017
Grains Close Lower, Soybean Futures Finish Session Higher
22/03/2017 (Agriculture.com) - Corn and wheat futures closed lower on Tuesday while soybean futures reversed course and finished higher.
22-03-2017
Edible Oils Rule Steady, Tracking Overseas Futures
22/03/2017 (Hindu Business Line) - Malaysian palm oil closed higher and Chicago soya oil projection was firm but domestic soya oil futures on the NCDEX remained weak on lack of demand. On the BCE, soya and cotton oil declined by ₹7 and ₹1 each. Groundnut oil gained by ₹10. The others were steady.
21-03-2017
VEGOILS-Market Factors to Watch Mar 21
21/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
21-03-2017
Crude Palm Oil Futures Fall 0.24 pc on Profit-booking
21/03/2017 (Business Standard) - Crude palm oil prices fell 0.24 per cent to Rs 534 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.
21-03-2017
Palm Oil Futures Under Pressure
21/03/2017 (Hindu Business Line) - Malaysian palm oil futures declined on Monday after the release of weaker export data, while March output is expected to improve from a month ago.
21-03-2017
Gov't Encourages Palm Oil Farmers to Grow Corn
21/03/2017 (Jakarta Globe) - The central government has encouraged palm oil farmers nationwide to plant corn across nearly one million hectares of farmland by the end of 2017, an official from the Ministry of Agriculture said on Sunday (19/03).
21-03-2017
Groundnut Oil Edges up on Scattered Demand
21/03/2017 (India.com) - Groundnut oil prices edged higher by Rs 100 per quintal at the wholesale oils and oilseeds market on mild demand from retailers.
21-03-2017
Three Chinese Companies Eye Strategic Stakes in FGV
21/03/2017 (The Star) - Three China-based companies including China National Cereals, Oils and Foodstuffs Corp (COFCO) are vying for strategic stakes in Felda Global Ventures Holdings Bhd (FGV).