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MARKET DEVELOPMENT
15-06-2017

Palm oil import rises 21.58 per cent to 7,99,346 tonnes in May

14/06/2017 (The Economic Times) - NEW DELHI: Palm oil import rose 21.58 per cent to 7,99,346 tonnes in May because domestic vegetable oil output fell as farmers were reluctant to sell oilseeds below the minimum support price for processing, industry body Solvent Extractors Association (SEA) said today.

MARKET DEVELOPMENT
15-06-2017

Malaysian May palm oil exports up 17.33% on Ramadan demand

14/06/2017 (Hellenic Shipping News) - Malaysian palm oil exports during rose 17.33% on the month in May to 1.51 million mt, driven by Ramadan and Eid Ul Fitr festival demand from destination markets like Bangladesh, India, Pakistan and Egypt, data from the Malaysian Palm Oil Board showed.

MARKET DEVELOPMENT
15-06-2017

Palm Oil Industry Facing Up to Sustainability Issues

14/06/2017 (Food Ingredients First) - Some of the largest global players in palm oil have teamed up with NGOs to save orangutans endangered because of habitat loss, forming a new alliance to help the animals and other wildlife in landscapes impacted by the ever-increasing industry. The group includes leaders in palm oil such as Wilmar, Sime Darby and Musim Mas, together with the Orangutan Land Trust and a number of wildlife conservation experts and NGOs, to form the PONGO Alliance.

MARKET DEVELOPMENT
14-06-2017

VEGOILS-Market Factors to Watch June 14

14/06/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT
14-06-2017

EU Will Resume FTA Talks With Malaysia This Year

14/06/2017 (Bernama) - The stalled Malaysia-European Union (EU) Free-Trade Agreement (FTA) talks will be resumed sooner, within this year, said EU Ambassador and Head of Delegation to Malaysia, Maria Castillo-Fernandez.

MARKET DEVELOPMENT
14-06-2017

Kenya, Indonesia Plan to Sign Trade Deal Inches Closer

14/06/2017 (Business Daily) - The plan to sign a preferential trade agreement (PTA) between Kenya and Indonesia is set to move a step forward with the first high-level meeting in July.

MARKET DEVELOPMENT
14-06-2017

Edible Oil Remains Under Pressure

14/06/2017 (Hindu Business Line) - Edible oils prices remained under pressure on Tuesday on back of slack demand amid bearish futures. Malaysian palm oil and Chicago soya oil futures show weak trend, keeping domestic futures down. On BCE barring soya oil and cotton oil which rose by â‚¹2 and â‚¹1 each all other edible oils rule flat.

MARKET DEVELOPMENT
14-06-2017

Crude Palm Oil Futures Fall 0.70% on Profit-booking

14/06/2017 (Daily News & Analysis) - Crude palm oil prices fell 0.70 per cent to Rs 495.70 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand at the spot market.

MARKET DEVELOPMENT
14-06-2017

India Palm Oil Imports Seen Rising for Fourth Month on Low Price

14/06/2017 (Bloomberg) - Indiaâ€™s palm oil purchases probably climbed for a fourth straight month in May as a drop in global prices boosted demand amid a stronger local currency.

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