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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
CPO Seen Hitting Above US$600
23/11/2015 (The Star) - Palm oil expert Dr James Fry is maintaining his forecast that crude palm oil (CPO) price (FOB) could hit above US$600 per tonne by end of the first quarter 2016 without the occurance of the El Nino.
Pertamina Ups Biofuel Quota, Signs on 11 Producers
23/11/2015 (Jakarta Post) - State-owned oil and gas giant PT Pertamina has projected an absorption of 5.14 million kiloliters (KL) of fatty-acid methyl ester (FAME) – a derivative of palm oil – next year, to meet the mandated 20 percent biofuel blend in its projected 26 million KL of biodiesel.
Crude Palm Oil Futures Down 0.41% on Profit-booking
23/11/2015 (Economic Times) - Crude palm oil prices were down by 0.41 per cent to Rs 382.70 per 10 kg today after speculators booked profits at prevailing levels amid subdued spot demand.
VEGOILS-Market Factors to Watch Nov 23
23/11/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
UPDATE 1-Malaysia, Indonesia To Spend $5 Mln Each on Joint Palm Council's Initial Ops
23/11/2015 (Reuters) - Malaysia and Indonesia will invest $5 million each in the initial operations of a new joint palm oil body, whose tasks will include stabilising prices and managing stock levels, the countries announced on Saturday.
VEGOILS-Market Factors To Watch Nov 20
20/11/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Jurisdictional Certification Important To Develop Sustainable Production Of Palm Oil
20/11/2015 (Bernama) - Jurisdictional certification is important to develop a sustainable production of palm oil and overcome a major barrier such as haze, said Governor of South Sumatera, H. Alex Noerdin.
Sarawak Can Produce 300 Megawatts Of Electricity From Oil Palm Residues
20/11/2015 (Bernama) - Sarawak has the potential to generate 300 megawatts of electricity from oil palm residues, says Chief Minister Tan Sri Adenan Satem.
Crude Palm Oil Falls By 0.5% on Muted Demand
20/11/2015 (Business Standard) - Amid muted domestic demand and higher supplies from producing regions, crude palm oil prices eased by 0.54% to Rs 384 per 10 kg in futures trade today.