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Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
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
Palm Oil To Test Support Levels
26/04/2016 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives were lower on Monday, due to sluggish export demand, as traders forecast rising production in line with the seasonal trend.
Edible Oils in Bear Grip
26/04/2016 (Hindu Business Line) - Edible oils market witnessed bearish trend on slack demand amid weak futures. On the BCE, imported palmolein and soya refined oil declined by ₹4 and ₹5 per 10 kg tracking weak demand and price reduction by local refineries in line with declining overseas futures. Sunflower and cotton refined oil declined by ₹5 each.
Sime Darby's New Oil Palm Breed To Produce 16 Per Cent More Oil
26/04/2016 (Bernama) - Sime Darby Bhd expects its new oil palm breed, the Genome Select, to produce at least 16 per cent more oil and contribute positively to the group's bottom line by 2023.
Industry Giant GAR to Fully Trace Its Palm Oil Supply Chain to the Plantation by 2020
26/04/2016 (Sustainable Brand) - One of the world’s largest palm oil companies, Golden Agri-Resources (GAR), has published a 4-year plan to trace its entire supply to the growers’ plantations. Earlier this year, GAR mapped its entire supply chain to 489 individual mills, and plans to build on that progress by achieving 100 percent traceability to plantation for all of the palm oil purchased and processed by the company by 2020.
Good Days For Palm Oil Farmers
26/04/2016 (The Hans India) - The recently implemented ‘Market Intervention Scheme (MIS) for Fresh Fruit Bunches (FFB)’ comes as a welcome respite for the farming community in Telangana and Andhra Pradesh who produce more than 90 per cent of the Indian palm oil.
VEGOILS-Market Factors To Watch April 25
25/04/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Shortage of Ghee Looming Over Punjab - Chairman PVMA
25/04/2016 (Business Recorder) - Arif Qureshi is the third-time Chairman of the Pakistan Vanaspati Manufacturer's Association and has been with the PVMA since 1987. He is the CEO of Mahboob Industries Pvt. - the producers of Shan Vanaspati and cooking oil. He is also the President of the Quaid-e-Azam Industrial Estate in the heart of Lahore.
Palm Oil Down 0.4% on Profit Booking
25/04/2016 (Business Standard) - Crude palm oil prices drifted by 0.44% to Rs 569.70 per 10 kg in futures trade today as traders booked profits at prevailing levels, driven by a fall in demand in the spot market against adequate stocks.
Myanmar Approves $2.6b Refinery Project of Longwin Global Petro JV
25/04/2016 (DEALSTREETASIA) - Myanmar has approved a $2.6-billion investment by Longwin Global Petrochemical Co Ltd, a joint venture company, for the setting up of a five million MT oil refinery along with related logistics facilities in Tanintharyi region, located in the southern part of the country.