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MARKET DEVELOPMENT  
  10-10-2016

MPOB to Hold Oil Palm Smallholders National Conference Next Week

10/10/2016 (Bernama) - The Malaysian Palm Oil Board (MPOB) is organising an Oil Palm Smallholders National Conference from Oct 11-12, in Ipoh, Perak.

MARKET DEVELOPMENT  
  10-10-2016

Malaysia's Aug Trade Surplus Widens To RM8.51 Bln

10/10/2016 (Bernama) - Malaysia's trade surplus in August rose to a whopping RM8.51 billion from RM1.91 billion registered in July 2016 due to a record increase in exports to Asean, India, United States, Mexico, Turkey, Hong Kong and the European Union.

MARKET DEVELOPMENT  
  10-10-2016

Malaysia, Iran Set To Elevate Bilateral Ties, Double Trade Volume

10/10/2016 (Bernama) - Malaysia hopes to elevate its bilateral trade relations with Iran in its post-sanction era, Datuk Seri Najib Tun Razak said.

MARKET DEVELOPMENT  
  10-10-2016

Sarawak’s Biomass Resources Can Generate RM4.8 Billion in Income

10/10/2016 (Bernama) - Sarawak’s biomass resources can generate RM4.8 billion in additional Gross National Income (GNI) and RM18 billion in potential investment opportunities in the entire biomass value chain.

MARKET DEVELOPMENT  
  07-10-2016

Indonesia Palm Stocks Drop as Exports Jump Most in 22 Months

07/10/2016 (Bloomberg) - Palm oil inventories in Indonesia fell in August after shipments from the world’s largest producer jumped the most in almost two years.

MARKET DEVELOPMENT  
  07-10-2016

Organic Palm Oil Product Achieves Fair Trade USA Certification

07/10/2016 (Gourmet Retailer) - The Daabon Group, headquartered in Santa Marta, Magdalena, Colombia, has received the first-ever Fair Trade USA certification of a palm oil product, Hain Celestial’s Spectrum Organic All Vegetable Shortening.

MARKET DEVELOPMENT  
  07-10-2016

Palm Oil Continuously Needs Consensus European Voice to Address Barriers

07/10/2016 (Bernama) - Palm oil continuously needs a consensus European voice for it to tackle the various barriers in the region, including punitive taxes and ‘no palm oil’ label, Minister of Plantation Industries and Commodities, Datuk Seri Mah Siew Keong said yesterday.

MARKET DEVELOPMENT  
  07-10-2016

Crude Palm Oil Futures Extend Losses, Down 0.59 on Low Demand

07/10/2016 (Business Standard) - Continuing its losing streak for the third straight day, crude palm oil fell 0.59 per cent to Rs 505.60 per 10 kg in futures market today as traders engaged in reducing their positions, tracking a weak trend at the spot market on sluggish demand.

MARKET DEVELOPMENT  
  07-10-2016

Ruchi Soya Signs MoU with Arunachal Govt to Grow Oil Palm on 25,000 Hectares

07/10/2016 (Hindu Business Line) - Ruchi Soya Industries, an agriculture and food FMCG company, has signed a memorandum of understanding with the Arunachal Pradesh government to boost palm oil production through development of quality palm plantations and human capacity building.

MARKET DEVELOPMENT  
  07-10-2016

CPO Stock Depleting over High Exports Demand

07/10/2016 (Tempo.co) - Indonesia's CPO stock continues to decline despite increasing production. This is because of an increasing demand from the global market, especially from China, the European Union, and the United States continues to rise.

MARKET DEVELOPMENT  
  07-10-2016

Groundnut Oil Recovers on Retailers Buying

07/10/2016 (Business Standard) - Groundnut oil prices rebounded by Rs 200 per quintal at the wholesale oils and oilseeds market today following pick-up in demand from retailers.

MARKET DEVELOPMENT  
  07-10-2016

Indonesia`s Palm Oil Exports Hit 2.23mn Tons in August

07/10/2016 (Tempo.co) - Indonesia’s palm oil exports reached 2.23 million tons in August, a significant improvement relative to July, according to the data from Indonesian Palm Oil Association (GAPKI).