Archived News

21/07/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended marginally lower Monday falling for a third consecutive session to their lowest level since July 9 as poor exports and a stronger dollar dented sentiment further. Exports of Malaysian palm oil products for July 1-20 fell 15.5 per cent to 907,574 tonnes, from 1,074,410 tonnes shipped a month ago, cargo surveyor Intertek Testing Services said in its latest estimate on Monday.

21/07/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

21/07/2015 (Bernama) - The Felda Land Development Authority (Felda) is positive of the prospects of the collaboration between its corporate entity, Felda Global Ventures Holdings Bhd (FGV), via the proposed acquisition of a 37 per cent equity stake in PT Eagle High Plantations (EHP).

21/07/2015 (Business Standard) - Crude palm oil prices drifted 0.56 per cent to Rs 429.40 per 10 kg in futures market today as speculators trimmed positions, triggered by higher supplies from producing belts at spot market.

21/07/2015 (BusinessWorld Online Edition) - There is a continuing debate regarding coconut and oil palm planting in the Philippines. I refer to the conflict between supporters of the two crops, even in the halls of government. And this debate has generated half-truths and lies. Take these examples:

21/07/2015 (Bernama) - East West Horizon Plantation Bhd, a unit of East West One Group (EWOG), expects the take-up rate for its recently launched East West Horizon Planters' Scheme (EWHPS) to hit 20 per cent by year end, roping in over RM60 million.

21/07/2015 (Reuters) - Exports of Malaysian palm oil products for July 1-20 fell 15.5 percent to 907,574 tonnes from 1,074,410 tonnes shipped during June 1-20, cargo surveyor Intertek Testing Services said on Monday.

21/07/2015 (The Sun) - Malaysian exports are due to benefit from the start of Indonesia 's collection of crude palm oil (CPO) and processed palm oil levies from July 16, Kenanga Research opined, with expected lesser supply coming out of Indonesia.

20/07/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

20/07/2015 (Indiainfoline) - CME Soybean futures finished lower by 4 to 8 cents. The August contract lost 1.7% from last Friday, down 17 cents on the week. Chinese new crop soybean export purchases are still light compared to year ago at 2.4 MMT vs. 7.0 MMT at this time last year. They continue to focus on buying South American beans for August and September shipment, with some October interest. Prices of the bean will also be under pressure on expectation of higher supply from United States after the United States department of agriculture (USDA) raised 2015‐16 United States soybean production forecast in its World Agriculture Supply and Demand Estimates report.

20/07/2015 (Bloomberg) - Rains returned to India’s main soybean- growing areas, ending a three-week long dry spell that threatened to shrivel the nation’s biggest oilseed crop. Futures in Mumbai tumbled to the lowest since March.

20/07/2015 (Hindu Business Line) - The country's total vegetable oil imports increased by 15 per cent to 10.16 lakh tonnes in the June this year from 8.84 lakh tonnes in the year-ago period.