Archived News

24/02/2017 (Reuters) - Malaysian palm oil futures fell on Thursday evening, charting a fifth session of losses in six and hitting their lowest in nearly four months as concerns persisted over rising production and weak exports.

24/02/2017 (Reuters) - Indonesia's crude palm oil (CPO) output likely declined in January, a second straight monthly drop in the world's top producer of the widely used commodity, a Reuters survey showed.

24/02/2017 (UkrAgroConsult) - Russia purchased 84.4 KMT of palm oil in December 2016, or 27.7% more than in the previous month (66.1 KMT), but 11% less than in December 2015. The rise in palm oil imports reversed their downward trend seen in the first months of 2016/17. In total, palm oil imports dropped almost 12% year-on-year in September-December 2016/17, to 316.4 KMT against 359.4 KMT at the same time a year earlier, reports UkrAgroConsult.

24/02/2017 (Business Standard) - Crude palm oil prices were up by 0.85 per cent to Rs 531.80 per 10 kg in futures in evening session today as speculators built up fresh position.

23/02/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

23/02/2017 (Reuters) - The following were Friday's Rotterdam vegetable oil prices at 1700 GMT:

23/02/2017 (The Star) - Innovative minds from all over the world are invited to compete in the International Competition on Oil Palm Mechanisation (ICOPM).

23/02/2017 (Hindu Business Line) - Edible oils rule steady at the end on Wednesday erasing initial lose in line with bounced back in Malaysian palm oil futures. Liberty’s reduced its rates for Palmolein Ex STC / Shapur to ₹607/ ₹608 for 15 March.

23/02/2017 (Jakarta Post) - Indonesia is stepping up its efforts to gain recognition from the European Union for a palm oil product certification amid an intense anti-palm oil campaign in Europe on the back of sustainability concerns.

23/02/2017 (Pulse Nigeria) - Mr Victor Ihediwa, a don, on Tuesday called for a boost in palm kernel oil production in order to achieve rural industrialisation, food security and economic development.

23/02/2017 (India.com) - Palmolein oil prices declined by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.

23/02/2017 (India.com) - Crude palm oil prices fell 0.47 per cent to Rs 546 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.