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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Rotterdam Vegetable Oil Prices
02/11/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:
VEGOILS-Palm Oil at More Than One Week Low as Rival Soyoils Fall
02/11/2016 (Reuters) - Malaysian palm oil futures dropped on Tuesday evening, hitting their lowest point in more than a week, weighed down by weaker performing rival soyoils on China's Dalian Commodity Exchange and the Chicago Board of Trade.
Spot Demand Lifts Crude Palm Oil Futures By 0.64 Pc
02/11/2016 (Business Standard) - Amid uptick in domestic demand and restricted supplies from producing belts, crude palm oil prices went up by 0.64 per cent to Rs 521.80 per 10 kg in futures trading today as traders created fresh positions.
CPO Price Slumps, Export Duty Removed
02/11/2016 (Tempo.co) - The Trade Ministry has set the reference price for crude palm oil (CPO) at US$743.23 per metric ton to determine November's CPO export duty. The price declines by five percent or US$38.28 when compared that in October at US$781.49 per metric ton.
Oil Palm Industry for Long-Term Strategy to Build Local Supply
02/11/2016 (Hindu Business Line) - India imports edible oils worth ₹70,000 crore every year. As much as 90 per cent of this is palm oil. This statistic is not something new for those following the edible oil industry. But the industry now worries that the number could swell if the country fails to take a long-term strategy to encourage oil palm plantations wherever possible.
Palm Oil Stocks Rose 9.6 Per Cent M-O-M in October
02/11/2016 (Borneo Post) - Palm oil stocks have risen by 9.6 per cent month on month (m-o-m) in October, says the research arm of CIMB Investment Bank Bhd (CIMB Research), but production last month is still trailing behind last year’s level.
Indonesia Explores Bid to Forge FTA With Eurasian Uniony
02/11/2016 (Jakarta Post) - Russia’s trade diplomacy has enticed Indonesia into exploring the possibility of forging a free trade agreement (FTA) with the Russia-led Eurasian Economic Union (EEU) alongside a raft of cooperative agreements in the development of sophisticated equipment.
VEGOILS-Market Factors to Watch Nov 1
01/11/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
01/11/2016 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1700 GMT: