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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
Vegetable Oil Imports to Touch Record 15 Million Tonnes in 2015-16: SEA
22/08/2016 (Business Standard) - Country's vegetable oil imports may rise to record 15 million tonnes in the current marketing year ending October on increasing domestic demand.
Palm Oil to Average at 2,678 rgt/T in 2016 -Malaysia Trade Body
22/08/2016 (Reuters) - Crude palm oil prices are seen averaging at 2,678 ringgit per tonne in 2016, up nearly 18 percent from last year, boosted by demand from top consumer India and replenishment of stocks by China, according to the Malaysian Palm Oil Council (MPOC).
CIMB Research Sees FGV Core Net Profit of Up To RM30M
22/08/2016 (The Star) - CIMB Equities Research projects Felda Global Ventures (FGV) will report a core net profit of between RM20mil and RM30mil in the second quarter ending June 30, 2016 (2Q16).
A Volatile Year for Crude Palm Oil
22/08/2016 (Hindu Business Line) - It has been a volatile year so far for the crude palm oil (CPO) prices. The Malaysian CPO futures contract traded on the Bursa Malaysia Derivatives Exchange surged about 24 per cent from MYR 2,200 per tonne in January to a high of MYR 2,740 in April following drop in production in Malaysia and Indonesia, the world’s largest producers of palm oil.
Officials Nominated for Study Tour on Oil Palm Cultivation Technology in Malaysia
22/08/2016 (The Arunachal Times) - Two officials from the Department of Agriculture, T D Neckom, Deputy Director of Agriculture (Dev) and Idar Nyori, Agriculture Development Officer cum Assistant State Nodal Officer (Oil Palm) have been nominated for representation in the official Indian delegation to visit Malaysia to study and understand better Oil Palm production technologies.
Double Whammy for Oil Palm Planters in Indonesia
22/08/2016 (The Star) - Spooked by heavy penalties imposed on plantation companies linked to forest fires in Indonesia, oil palm planters are bracing for another round of forest fires given the rising number of hotspots in major oil palm growing areas in recent weeks.
VEGOILS-Market Factors to Watch Aug 19
19/08/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
19/08/2016 (Reuters) - The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:
Depleted Importer Stocks Support Palm Oil Prices, Sipef Says
19/08/2016 (AgriMoney.com) - Palm oil prices are set to rise, as importers make up for a long period of weak importer purchases reduced stocks, the palm oil producer Sipef said.