Archived News

06/01/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

06/01/2017 (Reuters) - The following were Thursday's Rotterdam vegetable oil prices at 1700 GMT:

06/01/2016 (Reuters) - Malaysian palm oil futures fell for a second consecutive session on Thursday evening on the back of a stronger ringgit, and as it tracked weaker performing related oils on China's Dalian Commodity Exchange.

06/01/2017 (Business Standard) - Crude palm oil prices weakened by 0.34 per cent to Rs 584.80 per 10 kg in futures market today as participants reduced their exposure on the back of subdued demand in the spot market against ample stocks.

06/01/2017 (Daily Mirror) - Sri Lanka’s oil palm plantation operators can expect strong growth in the industry for the foreseeable future due to the global palm oil demand, the research arm of a Colombo-based equity brokerage said in a report.

06/01/2017 (APP) - Import of edible oil into the country including soyabean and palm oil during first five months of current financial year reduced by 33 percent and 6.93 percent respectively as compared to the imports of corresponding period of last year.

06/01/2017 (Hindu Business Line) - Majority of oils in Indore mandis traded higher on improved global cues and physical demand with soya refined being quoted at ₹732-36, while soy solvent ruled at ₹700-705. Cotton oil ruled higher at ₹695 on weak availability, while palm oil and groundnut oil ruled at ₹680 and ₹1,040-60 respectively.

06/01/2017 (Reuters) - Indian soyoil futures fell on Thursday, tracking rival oils and overseas sentiment.

06/01/2017 (Irish Times) - Bord na Móna is to stop importing palm kernel shells from plantations in some of the world’s most biodiverse countries following concerns that it is helping to fuel the destruction of forests.

06/01/2017 (Bloomberg) - Cameroon’s economy is set to expand 6 percent this year even as it imposes new taxes to compensate for a decline in government revenue from oil, Finance Minister Alamine Ousmane Mey said.

06/01/2017 (The Star) - The crude palm oil (CPO) price is expected to strengthen further this year based on the price increase of up to 45 per cent last year, as well as government initiatives to venture into various markets especially in China.

05/01/2017 (Reuters) -The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.