Archived News
11-02-2016
Malaysia Palm Oil Reserves Shrink to 6 Month Low on El Nino
11/02/2016 (Bloomberg) - Palm oil inventories in Malaysia fell to the lowest in six months in January as El Nino-wrought dry weather exacerbated seasonally low production in the world’s second-largest grower.
11-02-2016
Russia Draws up Plans For Tax on Palm Oil
11/02/2016 (just-food.com) - The Russian government has drafted detailed plans to tax palm oil to reduce consumption of an ingredient it deems unhealthy and to boost revenue.
11-02-2016
Palm Oil Stocks Dip 12.38 Pct To 2.31 Million Tonnes In Jan 2016
11/02/2016 (Bernama) - Malaysia's total palm oil stocks in January 2016 slipped 12.38 per cent to 2.31 million tonnes against 2.63 million tonnes registered in December 2015, said the Malaysian Palm Oil Board (MPOB) on its website.
11-02-2016
Additional Foreign Taxes Seen Making Palm Oil Less Competitive
11/02/2016 (The Star) - A poser to the current rise in crude palm oil (CPO) prices is the potential imposition of additional taxes on palm oil by Russia and France this year.
11-02-2016
Govt Aims For Lower Tariffs on Palm Oil, Cocoa
11/02/2016 (Jakarta Post) - The government will negotiate with the European Union (EU) to reduce tariffs currently imposed on Indonesia’s palm oil and cocoa products as negotiations are set to resume soon on the much-awaited Indonesia-EU comprehensive economic partnership agreement (CEPA).
11-02-2016
Crude Palm Oil Declines By 0.6% on Profit-booking
11/02/2016 (Business Standard) - Crude palm oil prices fell by 0.57% to Rs 467.40 per 10 kg in futures trade today as speculators booked profits amid a weak trend in spot markets on falling demand.
11-02-2016
Soybean Imports Spurt on Tax Discount
11/02/2016 (The News International) - Pakistan’s edible oil traders see a record increase in soybean shipments this season as a tax discount on the imports of oilseed over rival palm oil has widened, while the market also tapped into ample global supplies.
11-02-2016
TABLE-INDONESIA KPB NUSANTARA PALM OIL PRICES - Feb 10
11/02/2016 (Reuters) - Following are Indonesian prices for crude palm oil (CPO) quoted at an auction by PT KPB Nusantara (formerly known as the state marketing centre)on Thursday.
10-02-2016
VEGOILS-Market Factors to Watch Feb 10
10/02/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
10-02-2016
Rotterdam Vegetable Oil Prices
10/02/2016 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1700 GMT:
10-02-2016
Crude Palm Oil Up By 0.9% on High Demand
10/02/2016 (Business Standard) - Crude palm oil futures gained 0.92% to Rs 468.90 per 10 kg in futures trading today as traders enlarged speculative positions following rise in demand at the spot markets.
10-02-2016
Palm oil: A Business Opportunity For Latin American Countries.
10/02/2016 (La prensa) - Palm oil and the potential of its phytonutrients constitute a business opportunity for Latin American countries, especially Colombia, which is preparing itself for a post-conflict scenario, specialists participating in a conference here on the sector's prospects agreed on Monday.