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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
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
HDC: Demand For Halal Products Remains Strong Despite Economic Downturn
14/01/2016 (Bernama) - The demand for halal products remains positive despite the global economic downturn amid plunging commodity prices, the Halal Industry Development Corp (HDC) said.
MPOB Receives Gold Medals, Special Award From Korean Institute Of Patent Information
14/01/2016 (Bernama) - The Malaysian Palm Oil Board (MPOB) received three gold medals and one special award from the Korean Institute of Patent Information at the Seoul International Invention Fair 2015 (SIFF 2015).
MATRADE Extends RM2.78 Million Grant To Help Entrepreneurs In Sarawak
14/01/2016 (Bernama) - The Malaysia External Trade Development Corporation (MATRADE) has disbursed RM2.78 million, between 2002 and Jan 4, 2016, in market development grants to 92 entrepreneurs in Sarawak to assist them expand their business abroad.
Palm Oil Firm Astra Agro Lestari to Benefit from Higher CPO Price
14/01/2016 (Indonesia Investment) - Agribusiness company Astra Agro Lestari, one of Indonesia's leading crude palm oil (CPO) producers, is expected to show a better performance in 2016 on an expected rise in palm oil prices. Although palm oil futures currently feel the negative effects of tumbling global crude oil prices, these futures are estimated to have risen to about 2,700 ringgit per ton by May 2016 from around 2,385 (approx. USD $540) per ton currently.
UPDATE 1-Sime Darby Says Dry Weather Could Lower Palm Oil Output
14/01/2016 (Reuters) - Malaysia's Sime Darby Bhd , the world's largest palm oil planter by land size, says the drying effects of El Nino and a prolonged drought could lower its palm oil and fresh fruit bunch production in its current financial year.
Gov’t is Investing Hugely in Agriculture - Mahama
14/01/2016 (GhanaWeb) - President John Dramani Mahama has announced that government is investing huge sums of money on Agriculture to ensure self-sufficiency and export to other neighbouring countries.
Top Palm Oil Buyer Cuts Imports First Time in a Year on Reserves
14/01/2016 (Bloomberg) - Palm oil purchases by India probably fell in December, the first decline in 2015, as record stockpiles in the world’s largest buyer prompted traders and refiners to slow shipments.
Crude Palm Oil Futures Extend Losses, Down 0.19%
07/01/2016 (Business Standard) - Falling for the third straight day, crude palm oil prices shed another 0.19 per cent to Rs 414.80 per 10 kg in futures trading today as traders engaged in trimming their positions amid muted demand in the spot market against adequate stocks.
VEGOILS-Market Factors to Watch Jan 13
13/01/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
