Archived News
13-12-2013
Palm Oil Futures Drop to Three-Week Low as Demand Seen Weakening
13/12/2013 (Bloomberg) - Palm oil fell for a fourth day to the lowest level in three weeks on speculation that demand for the tropical oil is slowing during the winter season as buyers switch to substitutes.
13-12-2013
Rotterdam Vegetable Oil Prices
13/12/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1700 GMT.
13-12-2013
Alliance Research ups IOI Corp Estimates, Higher Target Price
13/12/2013 (The Star) - Alliance Research raised its estimates for IOI Corp as it sees a slightly more positive outlook on crude palm oil (CPO) prices going forward.
13-12-2013
TABLE- India's Nov Vegoil Imports Down 7.6 Pct M/M
13/12/2013 (Reuters) - India's vegetable oil imports in November were at 944,309 tonnes, down from 1021,973 tonnes in the previous month, trade data released on Thursday showed.
13-12-2013
UPDATE 1-India's Nov Palm Oil Imports Down, Refined Variant up on Low Spread
13/12/2013 (Reuters) - India's palm oil imports edged lower in November for their first month-on-month decline since August due to a lull in demand at the start of the winter season but the fall was smaller than expected as shipments of the refined variant surged.
13-12-2013
Nigeria: FG Urged to Sustain 35 Percent Duty On Crude Palm Oil
13/12/2013 (Vanguard) - Stakeholders at the just ended International Palm Produce Conference (IPPC) have urged the Federal Government to maintain the 35 percent duty on imported crude palm oil.
12-12-2013
VEGOILS-Palm Ends Lower on Bigger Stockpile Worry, But Monsoon Floods Support
12/12/2013 (Reuters) - Malaysian palm oil futures ended lower in tight trade on Wednesday, weighed by worries that sluggish export demand will inflate stockpiles of the tropical oil, although market players expect floods in palm-growing areas to curb supply.
12-12-2013
Weaker Soybean Oil Prices May Drag Down CPO Prices In Q1 2014, Says HwangDBS
12/12/2013 (Bernama) - The palm oil price discount to soybean is likely to narrow further but weaker soybean oil prices may drag down crude palm oil prices in the first quarter next year, says HwangDBS Vickers Research.
12-12-2013
AP Oil Palm Farmers Get Hike of RS 609/Tonne
12/12/2013 (Hindu Business Line) - There is good news for oil palm cultivators in Andhra Pradesh. They will get a hike of Rs 609 a tonne.
12-12-2013
Low Stockpiles To Boost CPO Prices For First Time in 2 Years
12/12/2013 (Borneo Post) - For the first time in two years, average crude palm oil (CPO) price is poised to see a year-on-year (y-o-y) recovery by RM100 per metric tonne or four per cent to RM2,800 per metric tonne, driven mainly by lower inventory estimate levels in end-2014.
12-12-2013
Shares of Indonesian Palm Oil Company Sawit Sumbermas Rise in Debut
12/12/2013 (Reuters) - Shares of Indonesian palm oil company PT Sawit Sumbermas Sarana rose as much as 6 percent above its initial public offering price in its trading debut on the Jakarta stock exchange on Thursday.
12-12-2013
Palm Oil Declines as Falling Exports Seen Expanding Stockpiles
12/12/2013 (Bloomberg) - Palm oil dropped for a third day to a one-week low after data showed that exports from Malaysia declined, boosting concern inventories in the second-largest producer will increase from an eight-month high.