Archived News
11-08-2016
Palm Oil up 0.2% on Uptick in Demand, Global Cues
11/08/2016 (Business Standard) - Crude palm oil prices rose by 0.17% to Rs 537.20 per 10 kg in futures trade today as participants created fresh positions, driven by pick up in demand in the spot market.
11-08-2016
Cargill Posts Loss After Wrong-Way Bets on Soybean Market
11/08/2016 (Bloomberg) - Cargill Inc. posted an adjusted operating loss in the fourth quarter partly because of wrong-way bets in soybean markets, joining other traders caught off guard by volatility in the oilseed used in cooking oil and animal feed.
11-08-2016
Palmolein, Soyabean Oils Strengthen on Millers Buying
11/08/2016 (Business Standard) - Prices of palmolein and soyabean oils strengthened by Rs 50 per quintal at the wholesale oils and oilseeds market today on increased buying by vanaspati millers following increased demand from retailers.
11-08-2016
VEGOILS-Palm Rises to More Than 2-month High on Lower Stocks Data
11/08/2016 (Reuters) - Malaysian palm oil futures reversed losses to end the trading day higher on Wednesday, as official government data showed that stockpiles declined unexpectedly at the end of July.
10-08-2016
VEGOILS-Market Factors to Watch Aug 10
10/08/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
10-08-2016
Indonesian Palm Reserves Drop as Biodiesel Mandate Boosts Demand
10/08/2016 (Bloomberg) - Palm oil stockpiles in Indonesia fell for at least a sixth straight month in June as the world’s largest producer used more of the vegetable oil as a biofuel.
10-08-2016
Dairy Producer Wants Full Palm Kernel Expeller Import Ban
10/08/2016 (Newstalk ZB) - Prominent dairy producer Lewis Road Creamery wants to see a full ban of the importing of palm kernel expeller to New Zealand, saying it's ruining our reputation.
10-08-2016
Groundnut, Palmolein Oils up on Retailers Demand
10/08/2016 (Business Standard) - Prices of groundnut and palmolein oils rose by up to Rs 200 per quintal at the wholesale oils and oilseeds market today following pick up in demand from retailers amid restricted supplies from producing belts.
10-08-2016
Import of Vegetable Oils Between November 2015 and June 2016 up By 10%
10/08/2016 (fnbnews.com) - The Solvent Extractors Association of India has compiled the import data of edible and non-edible vegetable oils for the first eight months of the current oil year
10-08-2016
Hunger for Mooncakes Set to Revive China’s Appetite for Palm Oil
10/08/2016 (Bloomberg) - China’s appetite for palm oil imports is set to recover from a 25 percent slump in the first half as cheaper supplies and a major autumn festival boost edible oil demand.
10-08-2016
Crude Palm Oil Futures Rebound 0.98% as Demand Picks up
10/08/2016 (Business Standard) - Crude palm oil prices traded higher by 0.98 per cent to Rs 523.50 per 10 kg in futures trade today as traders built up fresh positions amid pick up in demand at domestic spot market.
10-08-2016
Rotterdam Vegetable Oil Prices
10/08/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT: