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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?
Malaysia plans phased expansion of biodiesel programme, minister says
MCX Crude Palm Oil Price Comes Under Pressure
22/02/2017 (Hindu Business Line) - Crude Palm Oil (CPO) price, which was surging since last November, is under pressure. The CPO futures contract price on the Bursa Malaysia Derivatives Exchange had been stuck in a sideways range between MYR 3,150 per tonne and MYR 3,335 since January.
Productivity at Indonesia's Palm Oil Plantations Needs to Rise
20/02/2017 (Indonesia Investments) - The Indonesian Palm Oil Board (DMSI) says higher productivity is the key to boost Indonesia's crude palm oil (CPO) production. Amid international pressure, particularly after the devastating forest fires on Sumatra and Kalimantan in the second half of 2015, Indonesian President Joko Widodo announced to issue a five-year moratorium on new palm oil concessions to limit the expansion of oil palm plantations in Indonesia. Although Indonesian authorities want to see rising CPO output (in order to safeguard foreign exchange earnings and create employment opportunities), further growth should come on the back of rising productivity, not by adding new plantations.
Palmolein Oil Weakens on Subdued Demand
20/02/2017 (India.com) - Barring a fall in palmolein oil prices on sluggish demand from retailers, other edible and non-edible oils held steady at the wholesale oils and oilseeds market.
Select Edible Oils Slide on Muted Demand
20/02/2017 (India.com) - Select edible oil prices drifted lower by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on tepid demand from retailers against sufficient stocks position.
VEGOILS-Market Factors to Watch Feb 17
17/02/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
VEGOILS-Palm Gains on Weaker Ringgit, But Demand Still Weak
17/01/2017 (Reuters) - Malaysian palm oil futures rose in early trade on Thursday supported by a weaker ringgit, but traders said demand for the tropical oil remained weak.
FGV Expects Better Revenue In 2017, 2018 - Isa
17/01/2017 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) expects its revenue in 2017 and 2018 to improve on the back of better crude palm oil prices coupled with first harvest from its replanting programme, its Chairman, Tan Sri Isa Abdul Samad said.
MPSO Certification Compliance Timeline To Be Announced Soon
17/02/2017 (The Star) - The timeline for the Malaysian Sustainable Palm Oil (MSPO) certification compliance by local oil palm planters is expected to be announced within the next two weeks.
Shipping Activity At Port Qasim
17/02/2017 (Associated Press of Pakistan) - Three ships C.V Chastine Maersk, M.V Marco and Bunga Alamanda carrying containers, canola seeds and palm oil took berths at Qasim International Container Terminal, Grian & Fertilizer Terminal and Liquid Cargo Terminal respectively on Wednesday.
