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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Palm oil futures slide after CME glitch hinders Malaysian trade
KUALA LUMPUR/JAKARTA (Feb 27): Palm oil futures fell after a technical hitch at CME Group Inc. spilled over to Malaysia, causing an hour-long delay in the opening of the Bursa Malaysia Derivatives exchange.
Palm falls, set for fourth day of losses on firmer ringgit
KUALA LUMPUR (Feb 27): Malaysian palm oil futures declined in early trade on Wednesday, in line to chart a fourth straight day of losses, weighed by appreciation in the ringgit and weaker related edible oils on China's Dalian Commodity Exchange (DCE).
‘We Did Not Place Ban On Palm Oil Importation’
The European Union (EU) said it has not placed any ban on palm oil importation from Nigeria.
Palm oil may slide further into 2,142-2,154 ringgit range
SINGAPORE: Palm oil may slide further into a range of 2,142-2,154 ringgit per tonne, as suggested by its wave pattern and a Fibonacci ratio analysis.
India increased sunflower oil imports by 23% in January 2019
India imported 1.23 MMT of vegetable oils in January 2019, or just 3 KMT less than in the same month last year (1.24 MMT), reports UkrAgroConsult.
Ghana fails to develop oil palm market
English (press release) (blog)) - Ghana is failing to utilise a $300 million opportunity in the oil palm plantation sector due to the challenge of land acquisition, APA learns here.This was because palm oil played a major role in the industrial set up of the country, where it was mainly used for personal care products and processed foods.
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 27
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 27.
India's 2018/19 rapeseed output seen rising 19% to record high
MUMBAI: India's rapeseed mustard production in 2018/19 could jump nearly 19 percent from a year earlier to a record 8.5 million tonnes due to conducive weather and as higher prices prompted farmers to expand areas under planting, a leading trade body said on Tuesday.
Malaysian palm oil price falls over 1% to near 6-week low on output concerns
KUALA LUMPUR: Malaysian palm oil futures dropped over 1 percent at the close of trade on Tuesday, hitting their lowest levels in nearly six weeks, pressured by weaker soyoil prices and a forecast that February palm output will be higher than usual.
