Archived News
07-12-2016
VEGOILS-Market Factors to Watch Dec 7
07/12/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
07-12-2016
Rotterdam Vegetable Oil Prices
07/12/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:
07-12-2016
Indonesia’s Palm Oil Output to Bounce Back in 2017
07/12/2016 (Hellenic Shipping News Worldwide) - Indonesia’s palm oil production is likely to rise by 16 percent to 35 million tons next year, as the impacts of the crop-damaging El Niño weather pattern will fully disappear by year-end, a business group has suggested.
07-12-2016
Indonesia’s Palm Oil Certification Struggling for Global Recognition
07/12/2016 (Jakarta Post) - Indonesia has been struggling to secure global recognition of its national sustainability standards for the palm oil industry, partly because of fierce competition in the international market, a government official has suggested.
07-12-2016
AM Markets: Palm Oil Hits 4-year High, Helping Oilseeds Gain
07/12/2016 (AgriMoney.com) - Investors just can't get enough palm oil.
07-12-2016
Edible Oils Remain Firm
07/12/2016 (Hindu Business Line) - A bounce back in Malaysian palm oil, and bullish Chicago soya oil, kept domestic edible oils market firm on Tuesday. On BCE, barring groundnut oil, which gained by ₹40 tracking a sudden spurt in Saurashtra, all other edible oils were unchanged. The market opened with a bearish mood, but later gained in line with foreign markets. Volume remained normal in re-sells as rates in local refineries were steady, but higher.
07-12-2016
Shipping Activity at Port Qasim
07/12/2016 (APP) - Six ships C.V MSC Elina, C.V Al-Mnanama, M.V Thorco Legion, M.T Geimini Gas and M.T Rise Fortune carrying containers, project cargo, lpg and furnace oil were arranged berthing at Qasim International Container Terminal, Multi Purpose Terminal, engro Vopak Terminal and FOTCO Oil Terminal respectively on Monday.
07-12-2016
Indonesia Pledges to Protect Peatlands to Fight Climate Change, Haze
07/12/2016 (Thomson Reuters Foundation) - Environmental activists hailed on Tuesday Indonesia's ban on converting peatlands into plantations but said enforcement was critical to reducing annual fires that shroud parts of Southeast Asia in choking haze.
06-12-2016
VEGOILS-Market Factors to Watch Dec 6
06/12/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
06-12-2016
Rotterdam Vegetable Oil Prices
06/12/2016 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:
06-12-2016
MPOC: Demand From China Showing Signs of Picking up
06/12/2016 (New Straits Times) - There are signs that China’s palm oil imports, which have fallen in recent years, are picking up again, said the Malaysian Palm Oil Council (MPOC).
06-12-2016
Crude Palm Oil Futures Fall 0.39% on Profit-booking
06/12/2016 (Business Standard) - Crude palm oil prices fell 0.39 per cent to Rs 558.50 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.