Archived News

16/11/2016 (The Edge) - Malaysia, the world’s second-largest palm oil producer after Indonesia, will lower its crude palm oil export tax to 6% in December, down from 6.5% in November, according to a circular on the Malaysian Palm Oil Board website on Tuesday.

16/11/2016 (Farm Online) - A string of factors throughout the oilseeds complex is providing strength to Australian canola prices as farmers head into harvest.

16/11/2016 (Reuters) - India's vegetable oil imports rose 1 percent on year to 14.74 million tonnes in the marketing year that ended in October, the slowest rate of growth in at least six years, as purchases of palm oil dropped, the Solvent Extractors Association of India (SEA) said in a statement.

15/11/2016(Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

15/11/2016 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:

15/11/2016 (Reuters) - Malaysian palm oil futures fell over 4 percent on Monday to post their biggest intraday drop in over four months, retreating from a four-year high in the previous session as they tracked weaker-performing rival oils on China's Dalian Commodity Exchange.

15/11/2016 (FeedNavigator.com) - The Roundtable on Sustainable Palm Oil (RSPO) is battling a number of issues, from its own members adding 'palm oil-free labels' on product packaging to calls at an EU level to strengthen its certification criteria. But according to United Plantations chief and RSPO member Carl Bek-Nielsen: "There’s no other broad certification scheme for a sustainable agricultural crop which goes as far as RSPO for palm oil."

15/11/2016 (Hindu Business Line) - Malaysian palm oil futures on BMD fell over 4 per cent on Monday to post their biggest intra-day drop in over four months, retreating from a four-year high in the previous session as they tracked weaker-performing rival oils on other exchanges.

15/11/2016 (Proactive Investors UK) - DekelOil Public Limited (LON:DKL) will spend around €1mln improving its palm oil facilities in the Ivory Coast ahead of next year’s March - June season.

15/11/2016 (The Edge) - Permodalan Nasional Bhd (PNB) is looking at breaking up subsidiary Sime Darby Bhd to unlock the latter's value, The Edge Malaysia business and investment weekly (Edge Weekly) reported in its latest November 14 - 20 issue.

15/11/2016 (AgriMoney.com) - The ag markets got off to a bearish start, as prices in China tumbled.

15/11/2016 (FoodIngredientsFirst) - Olam International Ltd has reported its financial results for Q3 2016 and nine months to the end of September, with a 8.6 percent decrease in profit after tax to US$20.5 million.