Archived News

15/07/2016 (Business Standard) - Crude palm oil prices moved up by 0.32 per cent to Rs 498.90 per 10 kg in futures trading today as traders created fresh positions after demand picked up in the spot market.

15/07/2016 (The Star) - A palm oil mill belonging to a government-linked company in Ulu Remis here has been ordered to close for 60 days pending cleaning up of effluent discharge that could have caused high ammonia content in Sungai Johor.

15/07/2016 (Business Standard) - India's import of vegetable oils increased by 15 per cent to 11.69 lakh tonnes last month on rising shipments of refined palm oil, industry body SEA said, while seeking change in duty structure to protect domestic processors.

14/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

14/07/2016 (Reuters) - Malaysian palm oil futures rose on Wednesday, tracking higher Chinese soybean oil and palm olein prices, while gains in U.S. soyoil also helped hike sentiment.

14/07/2016 (India Times) - Cooking oil prices are likely to go down in the upcoming festive season due to higher production of palm oil expected in Malaysia and Indonesia following the waning of the El Nino effect. This will help bring down prices of other edible oils from soyabean and sunflower as well.

14/07/2016 (Business Standard) - Groundnut oil prices fell by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today owing to slackened demand from retailers.

14/07/2016 (Borneo Post) - Statistics released by the Malaysian Palm Oil Board (MPOB) yesterday unveiled a rise in production of crude palm oil (CPO) as analysts saw marked improvements in fresh fruit bunch (FFB) yields across the country.

14/07/2016 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT:

14/07/2016 (The Sun) - PublicInvest Research has maintained its “overweight” call on the plantation sector after palm oil inventories in June rebounded close to 1.77 million metric tons (mt) following six-month drops.

14/07/2016 (Business Standard) - Aggressively planning to double its market share in the edible oil segment, Emami Agrotech has lined up an investment outlay of Rs 685 crore to raise production, while roping in a UK-based expert to help in the endeavour.

13/07/2016 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.