|
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 RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Slow Progress on Merging Palm Oil Certifications
17/02/2016 (Jakarta Post) - The government’s effort to bring the Indonesian Sustainable Palm Oil (ISPO) certification in line with the globally-acknowledged Roundtable Sustainable Palm Oil (RSPO) has shown little progress due to numerous differences.
Bleak Future For Oil Palm Settlers Due To Bauxite Mining
17/02/2016 (Bernama) - Oil palm plantations at Felda Bukit Goh, Bukit Kuantan, Bukit Sago and Bukit Nerang face a bleak future following the mining of bauxite in those areas because the action by several settlers to turn oil palm plantations into bauxite mining areas affects the soil.
SPO Introduces Voluntary Advanced Add-On Criteria for Sustainable Palm Oil
17/02/2016 (Sustainable Brands) - The Roundtable on Sustainable Palm Oil (RSPO) has released new voluntary criteria that expand on its existing Principles & Criteria (P&C) for sustainable palm oil production. To be eligible for the add-on certification, called RSPO NEXT, RSPO members must have at least 60 percent of their plantations in compliance with the core RSPO P&C requirements, have company-wide policies that exceed current RSPO P&C requirements, and must commit to implementing the stricter RSPO NEXT policies across all of their plantations.
VEGOILS-Market Factors to Watch Feb 16
16/02/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
16/02/2016 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.
India's Palm Imports Rebound From First Decline in 12 Months
16/02/2016 (Bloomberg) - Palm oil purchases by India rebounded from the first drop in 12 months as traders and refiners in the world’s largest buyer increased shipments to bridge a widening cooking oil shortfall.
Indonesia, European Union To Increase Trade Cooperation
16/02/2016 (ANTARA News) - The Indonesian government and the European Union agreed to increase cooperation in commodities trade, such as palm oil and cocoa beans.
Palm Oil Futures to Decline
16/02/2016 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday, before hitting their highest level in nearly 21 months, weighed down by weaker-than-expected export data. Palm oil shipments from Malaysia fell in the first half of February, dropping 16.1 percent compared with a month ago, according to Intertek Testing Services.
Soyabean in Bear Grip
16/02/2016 (Hindu Business Line) - Both soya oil and soyabean continued to trade low on weak global cues and slack physical demand with soya refined in Indore mandis being quoted at ₹615 for 10 kg, while soya solvent ruled at ₹590-595. Besides weak physical demand and steep decline in soyameal export, increased demand in palm oil, aided the bearish trend, said Mahesh Purohit, a local trader.
