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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
Olam in Sustainable Palm Oil First
13/10/2016 (Global Trade Review) - Olam International’s Awala palm oil plantation in Gabon has achieved RSPO certification, the world’s flagship certification of sustainable palm oil. In doing so it is the first new development to become RSPO certified in Africa, and, according to industry experts, will have a far-reaching impact on supply of the product going forward.
Crude Palm Oil Futures Rise 0.30% on Spot Demand
13/10/2016 (Business Standard) - Crude palm oil prices moved up by 0.30 per cent to Rs 500 per 10 kg in futures in the evening trade today as participants built up fresh positions, driven by pick up in demand in the spot market.
Palm Oil-based Drilling Fluid Soon
13/10/2016 (The Star) - A local oil and gas company is lending its industry expertise to Universiti Teknologi Malaysia (UTM) to develop what is believed to be the world’s first palm oil-based drilling fluid.
MPOC to Carry on Seeking Fair, Non-Discriminatory Treatment for Palm Oil in Europe
13/10/2016 (New Straits Times) - Malaysian Palm Oil Council (MPOC) will continue to urge France not to discriminate palm oil with tariff or technical trade barriers that will render it uncompetitive with other edible oils, said chairman Datuk Lee Yeow Chor.
Sustainable Palm-Oil Products Available at FairPrice
13/10/2016 (The Straits Times) - We thank Mr Tan Yi Han of People's Movement to Stop Haze for complimenting FairPrice's sustainability efforts and for his concern towards the environment ("Supermarkets should sell sustainable palm oil"; last Saturday).
VEGOILS-Market Factors to Watch Oct 12
12/10/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
VEGOILS-Palm Makes Largest Gains in Five Weeks on Lower Output, Ringgit
12/10/2016 (Reuters) - Malaysian palm oil futures made their biggest gains in over five weeks on Tuesday evening, lifted by lower output expectations and tracking a weaker ringgit.
Rotterdam Vegetable Oil Prices
12/10/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT:
Malaysia To Attract RM3 Billion Investments In Biomass Projects - Mustapa