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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Malaysian Palm Oil Dominates in Ukrainian Palm Oil Imports
Agricultural Sector Exports up 2.6 per Cent to RM87.8 Billion in First Half Year
23/09/2016 (Bernama) - The country’s agricultural sector exports rose by 2.6 per cent to RM87.8 billion in the first six months of this year compared with the corresponding period last year.
Controversial B10 Biodiesel Hits Snag
23/09/2016 (The Sun) - A proposal to push through a controversial B10 bio-diesel next month hits more snags, much to the relief of car and oil companies that want validated testing of the palm-oil based fuel.
FGV Sells Insurance Stake For RM70Mil
23/09/2016 (The Star) - Felda Global Ventures Holdings Bhd (FGV) has agreed to dispose of its 16% stake in AXA Affin General Insurance Bhd (AAGI) to Affin Holdings Bhd (AHB) for more than RM70mil, said sources familiar with the matter.
UPDATE 1-Malaysia's Sime Darby Sees Firm Palm Oil Prices Until March 2017
23/09/2016 (Reuters) - Palm oil prices are expected to remain firm until March as output reductions caused by the El Nino weather pattern have depleted inventories, a senior executive of Malaysia's Sime Darby Bhd said on Thursday.
Global Palm Oil Output to Recover in H1 2017 As El Nino Effects Fade -Fry
23/09/2016 (Reuters) - Global palm oil production will recover in 2017, increasing by 4 million tonnes in the first half of next year from the same time in 2016, said leading industry analyst James Fry, after the crop damaging El Nino weather event reduced output this year.
VEGOILS-Market Factors to Watch Sept 22
22/09/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
22/09/2016 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT:
India's 2016/17 Palm Oil Imports to Rise 9 Pct y/y -Industry
22/09/2016 (Reuters) - India's palm oil imports in 2016/17 are likely to rise 9 percent to 9.24 million tonnes from a year earlier, as a growing population and higher income levels drive up edible oil consumption, a leading industry analyst said on Wednesday.
