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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?
VEGOILS-Market Factors to Watch Oct 28
28/10/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
28/10/2016 (Reuters) - The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:
Analysts: Plantation Sector Could See Disappointing End for FY16
28/10/2016 (Borneo Post) - The plantation sector will likely end the year on a low note as crude palm oil (CPO) due to another potential disappointment in the fourth quarter of 2016 (4Q16) output while CPO prices could stay at high levels for the rest of the year, analysts say.
Uptrend Continues in Soya Oil
28/10/2016 (Hindu Business Line) - Barring soyabean, downtrend continued in majority of oils in Indore mandis on slack buying and sluggish demand. Soya oil was being quoted at ₹670-72 (up ₹12 from last week), while soya solvent rose to ₹630-32.
French Parliament Rejects New Palm Oil Tax Proposal
28/10/2016 (Reuters) - France's National Assembly on Thursday rejected the latest move to introduce an additional levy on palm oil, the widely used food and cosmetics ingredient that has been blamed for encouraging deforestation and posing health concerns.
Muted Demand Drags Crude Palm Oil Futures Down By 0.42 Pc
28/10/2016 (Business Standard) - Crude palm oil prices moved down by 0.42 per cent to Rs 523.30 per 10 kg in futures trade today as participants reduced their exposure, triggered by easing demand in the spot market against adequate stocks position.
Land Status Hampers Oil Palm Replanting
28/10/2016 (Tempo.co) - The lack of awareness of land certificate ownership among oil palm farmers has hampered palm oil firms to carry out replanting programs in Indonesia.
Soyabean Oil Up on Retailers Buying
28/10/2016 (Business Standard) - Soyabean oil prices edged up by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered buying by retailers.
Watawala 2Q Profit Jumps Over Palm Oil
28/10/2016 (Daily Mirror) - The diversified regional plantation company, Watawala Plantations PLC, saw its September net profit jumping to Rs.309.3 million from Rs.131.1 million a year ago, an increase of 136 percent, as the palm oil business pushed both top-line and the bottom-line performance.
