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Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia plans phased expansion of biodiesel programme, minister says
VEGOILS-Market Factors to Watch August 15
15/08/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
15/08/2017 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:
VEGOILS-Palm Falls From 2-wk Top as India Import Tax Hike Hits Sentiment
15/08/2017 (Reuters) - Malaysian palm oil futures fell in early trade on Monday and were set for their first fall in five sessions as sentiment took a hit after India on Friday said it would raise import taxes on crude and refined edible oils.
Vegetable Oil Imports Surge 34 Per Cent in July
15/08/2017 (Hindu Business Line) - India’s vegetable oil imports reported a sharp increase of 34 per cent for the month of July 2017 at 1,524,724 tonnes compared to 1,140,685 tonnes in the same month last year.
Ruchi Soya Industries Welcomes Hike in Import Duty on Edible Oils
15/08/2017 (Hindu Business Line) - Ruchi Soya today welcomed the hike in import duty on edible oils announced by the government late last week, accompanied by an increase in the duty differential. The import duty on Crude Palm Oil has been increased from 7.5% to 15%, on RBD palm (refined palm oil) from 15% to 25% and on crude soft oils like soybean oil from 12.5% to 17.5%. The differential duty on import of refined vis-a-vis crude palm oil is now 10% against 7.5% earlier.
Crude Palm Oil Futures Rise 1.22% as Demand Picks Up
15/08/2017 (Business Standard) - Crude palm oil prices went up by 1.22 per cent to Rs 506.40 per 10 kg in futures market today as speculators created fresh positions, driven by pick up in demand at the spot market.
Palmolein, Soyabean Oils up on Retailers Demand
15/08/2017 (Daily News & Analysis) - Prices of palmolein and soyabean oil rose by Rs 50 per quintal at the wholesale oils and oilseeds market today due to pick up in demand.
Golden Agri Banks on Palm Oil Prices Despite Fall in Profit
15/08/2017 (The Straits Times) - Second-quarter net profits dropped by 44.7 per cent at palm oil trader Golden Agri-Resources, which blamed the recognition of deferred tax income in the same period last year .
Infofood Touts Palm Oil Performance as Profits Rise
15/08/2017 (just-food.com) - Indonesia's Indofood has posted higher first-half sales and profits, pointing to growth from its agribusiness arm.
