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Malaysia raises palm oil export duty for April
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?
Edible Oil Import Reduces By 6.92pc, 39.38pc in Five Months
06/01/2017 (APP) - Import of edible oil into the country including soyabean and palm oil during first five months of current financial year reduced by 33 percent and 6.93 percent respectively as compared to the imports of corresponding period of last year.
Global Cues Lift Soya Oil
06/01/2017 (Hindu Business Line) - Majority of oils in Indore mandis traded higher on improved global cues and physical demand with soya refined being quoted at ₹732-36, while soy solvent ruled at ₹700-705. Cotton oil ruled higher at ₹695 on weak availability, while palm oil and groundnut oil ruled at ₹680 and ₹1,040-60 respectively.
Indian Soyoil Falls, Tracking Foreign Markets, Rival Oils
06/01/2017 (Reuters) - Indian soyoil futures fell on Thursday, tracking rival oils and overseas sentiment.
Bord na Móna to Stop Importing Palm Kernel Shells Over Concerns
06/01/2017 (Irish Times) - Bord na Móna is to stop importing palm kernel shells from plantations in some of the world’s most biodiverse countries following concerns that it is helping to fuel the destruction of forests.
Cameroon Says 2017 Growth to Be 6% Even as New Taxes Imposed
06/01/2017 (Bloomberg) - Cameroon’s economy is set to expand 6 percent this year even as it imposes new taxes to compensate for a decline in government revenue from oil, Finance Minister Alamine Ousmane Mey said.
MPOB Sees Crude Palm Oil Price Improving in 2017
06/01/2017 (The Star) - The crude palm oil (CPO) price is expected to strengthen further this year based on the price increase of up to 45 per cent last year, as well as government initiatives to venture into various markets especially in China.
VEGOILS-Market Factors to Watch Jan 5
05/01/2017 (Reuters) -The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
05/01/2017 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:
VEGOILS-Palm Posts First Fall in Three Sessions
05/01/2017 (Reuters) - Malaysian palm oil futures fell on Wednesday evening after two sessions of gains, tracking weaker rival oilseed soy, though tight supplies because of lower output curbed further losses.
