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MARKET DEVELOPMENT
27-04-2017

Palm Oil Prices Have Scope For Recovery -Short-term

27/04/2017 (AgriMoney.com) - Palm oil prices have scope yet for short-term recovery, but will "trend lower" in the second half of 2017, weighed by soft Chinese and Indian demand, besides recovering world output, Anglo-Eastern Plantations said.

MARKET DEVELOPMENT
27-04-2017

European Vegoils-Prices Climb, Boosted by Gains in CBOT Soyoil

27/04/2017 (Reuters) - Palm oil prices on Europe's vegetable oil market were higher on Wednesday boosted by a rebound in Malaysian futures and gains in CBOT soybean oil.

MARKET DEVELOPMENT
27-04-2017

Palm Oil Labelling Vote Long Way Off, Minister Says Ahead of Australasian Talks

27/04/2017 (New Zealand Herald) - New Zealanders won't be any closer to knowing whether their food contains palm oil after Australian and New Zealand ministers discuss the issue at a high-level meeting tomorrow.

MARKET DEVELOPMENT
27-04-2017

Ukraine Boosting Palm Oil Imports For A Second Month in A Row

26/04/2017 (UkrAgroConsult) - Ukraine imported 16 KMT of palm oil in March 2017 against 12.4 KMT in February 2017 and 15.8 KMT in March 2016. Overall, this seasonâ€™s palm oil imports (September-March 2016/17) still run 3.8% ahead of the previous marketing year (114.6 KMT against 110.4 KMT at the same time in MY 2015/16) and already hit a four-season high, reports UkrAgroConsult.

MARKET DEVELOPMENT
27-04-2017

Oilseed Industry Looks to â€˜Normalâ€™ Monsoon For Respite From Imports

27/04/2017 (Hindu Business Line) - The India Meteorological Departmentâ€™s (IMD) prediction of a normal monsoon this year has brought cheer to the farming community, especially in the oilseeds sector, which is highly dependent on edible oil imports.

MARKET DEVELOPMENT
27-04-2017

IOI Sees Better CPO Production, Recovering Downstream Lines

27/04/2017 (Borneo Post) - Analysts are maintaining their positive outlook on IOI Corporation Bhd (IOI) on the back of better production and recovering downstream performance.

MARKET DEVELOPMENT
27-04-2017

Malaysia, Indonesia To Counter EU Resolution To Phase Out Usage Of Palm Oil-Based Biofuel

27/04/2017 (Bernama) - Malaysia and Indonesia will send a joint mission to Europe next month to counter the European Union (EU) resolution which proposed to curb the use of oil palm-based biofuel by 2020.

MARKET DEVELOPMENT
27-04-2017

Colombian Palm Oil Company First Certified By RSPO

7/04/2017 (Food & Drink International) - Colombian agribusiness, Daabon Group, have become the worldâ€™s first to be certified under RSPO NEXT, a voluntary add-on module engaging Roundtable on Sustainable Palm Oil (RSPO) member companies to exceed the its internationally recognised sustainability standard.

MARKET DEVELOPMENT
27-04-2017

Crude Palm Oil Futures Remain Weak on Subdued Demand

27/04/2017 (Business Standard) - Falling for the second day, crude palm oil prices drifted further lower by 0.29 per cent to Rs 489.30 per 10 kg in futures trading today as speculators engaged in reducing their positions, tracking a weak trend at spot market on sluggish demand.

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