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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
Palm falls on weak rival oils, crude oil prices, April demand concerns
Indonesia Palm Output Likely Rose in Sept as Harvest Season Starts - Reuters Survey
19/10/2016 (Reuters) - Indonesia's crude palm oil (CPO) output likely rose in September on the onset of the harvest season, while a rise in exports was also seen, according to a Reuters survey.
Crude Palm Oil Futures Extend Gain, up 0.24% on Strong Demand
19/10/2016 (Business Standard) - Continuing its rising streak for the third straight day, crude palm oil prices advanced by 0.24 per cent to Rs 539.30 per 10 kg in futures market today as participants engaged in widening their positions, driven by strong demand in the spot market.
India Outpaces China as Top Soy Oil Importer
19/10/2016 (AGWeb) - India has sprinted past China as the world’s top importer of soybean oil, according to USDA.
AAK Releases Sustainability Report
19/10/2016 (IngredientsNetwork.com) - AAK has released its Sustainability Report for 2015/2016. The report outlines AAK’s sustainability strategy, objectives, activities and achievements within the five focus areas of the company’s model for responsible growth – Marketplace, Supply Chain, Environment, Workplace and Community.
VEGOILS-Market Factors to Watch Oct 18
18/10/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
18/10/2016 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:
VEGOILS-Palm Oil Rises to Six-Month High on Surge in Rival Soyoil
18/10/2016 (Reuters) - Malaysian palm oil surged to its highest level in about six months in on Monday, tracking a rally in its rival oilseed soy and gaining on forecasts of weaker production growth for the month of October.
Palm Oil Reserves in Indonesia Seen Climbing as Output Peaks
18/10/2016 (Bloomberg) - Palm oil inventories in Indonesia probably rose to a four-month high as supplies in the world’s largest producer neared a seasonal peak.
CPO Forecasts Divergent on El Nino Impact
18/10/2016 (Borneo Post) - Industry analysts within the plantation sector are divergent in their forecasts for the fourth quarter of 2016 (4Q16) as estimates for crude palm oil (CPO) prices range widely from RM2,200 to RM3,000 per metric tonne (MT).
