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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
Morgan Stanley Retains ‘Upgrade’ Outlook For Plantation Sector
20/10/2015 (The Star) - Morgan Stanley has reaffirmed its industry view upgrade for the plantation sector and advised investors to have an “overweight†view despite a poor third quarter earnings ahead.
Food, Ag Firms Pledge To Combat Climate Change
20/10/2015 (Agri-Pulse) - Many of the nation's top agriculture, food and biofuel companies have pledged to reduce greenhouse gas emissions as the White House tries to build a case for an international climate agreement.
Crude Palm Oil Falls By 0.7% on Low Demand
20/10/2015 (Business Standard) - Crude palm oil prices were down 0.74% at Rs 413.70 per 10 kg in futures trade today after traders reduced their exposure, triggered by muted demand at the spot market.
VEGOILS-Market Factors to Watch Oct 19
19/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Sarawak Rejects Trade Barriers
19/10/2015 (New Straits Times) - The Malaysian Palm Oil Board data showed that Sarawak produced 3.4 million tonnes of crude palm oil (CPO) last year. This year, with more trees maturing, the state is expected to achieve 3.5 million tonnes.
Edible Oils Extend Gains on Millers Fresh Buying
19/10/2015 (Hindu Business Line) - Edible oils extended gains for yet another week at the wholesale oils and oilseeds market on continued buying by vanaspati millers and retailers to meet ongoing festive and wedding season demand amid positive global cues.
Edible Oil Units in AP, Telangana Want VAT Refund
19/10/2015 (Hindu Business line) - At a time when industries’ clamour for sops has become perpetual, edible oil refiners want Andhra Pradesh and Telangana governments to bring their units in the negative list for incentives.
Sustainability Pledge Proves an Obstacle For Government Hungry For More Palm Oil
19/10/2015 (Jakarta Globe) - The Indonesian government is taking a major step backward from efforts to develop a sustainable palm oil industry, critics contend, as it sidelines a “zero deforestation†pledge by the country’s five biggest producers of the commodity in favor of economic nationalism.
Farmers Seek Higher MSP
19/10/2015 (Hindu Business Line) - More than 60,000 oil palm farmers in the twin Godavari districts has been incurring huge losses from past several years. After investing on a large scale have on the crop, the slump in the minimum support price (MSP) over the years is taking a toll, they say, adding that increase in labour cost and farm inputs is adding to their woes.
