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VEGOILS-Market Factors to Watch Mar 17
17/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Crude Palm Oil Futures Extend Gains, up 0.35% on Strong Demand
17/03/2017 (Business Standard) - Continuing its rising streak for the third day, crude palm oil prices advanced by 0.35 per cent to Rs 515.30 per 10 kg in futures trade today as participants engaged in building up positions, driven by rising demand in the spot market.
Sesame, Soyabean Oils Soften on Muted Demand
17/03/2017 (Outlook India) - Prices of sesame and soyabean oils fell by up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.
Indian Soyoil Futures Set to Close Higher For Second Straight Session
17/03/2017 (Reuters) - Indian soyoil futures were on track to close higher for a second straight session on Thursday, tracking the soyoil contract on the Chicago Board of Trade (CBOT) and palm oil on the Bursa Malaysia Derivatives Exchange.
Parliament: Malaysia-China Trade Rises To RM240.91 Bln In 2016
17/03/2017 (Bernama) - The bilateral trade between Malaysia and China has increased 4.4 per cent to RM240.91 billion in 2016, the Dewan Rakyat was told Thursday.
European Vegoils-Palm Oil Rises on El Nino Worries
17/03/2017 (Reuters) - Palm oil on the European vegetable oils market rose on Thursday on concerns that an El Nino weather pattern could return this year, which would cause dryness and cut palm fruit yields.
Rising Exports to Japan Due to 'Halal Demand'
17/03/2017 (Bernama) - There is an increasing trend in the export of Malaysia's halal products to Japan over the years, due to the rising awareness of halal products and services, as well as, increasing Muslim travellers to the country known as the "Land of The Rising Sun".
M’sia opposes EU resolution on palm oil
16/03/2017 (The Star Online) - Malaysia will rally other palm oil producing countries against a resolution from being passed by the European Parliament that can threaten the industry.
Malaysian palm oil price rises for 2nd session on improving exports
16/01/2017 (The Online Star) - Malaysian palm oil futures rose on Wednesday evening, their strongest daily rise in four months and a second consecutive session of gains on support from improving exports and strong physical prices.
