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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
Palm Oil Industry 'Tough Going'
03/09/2015 (BBC News) - Palm oil is the world's largest source of vegetable oil and global demand has increased sharply. But prices have been falling in line with other commodities.
Analysts Expect Lower Malaysian Palm Oil Prices Through 2017 Despite Indonesia’s B15
03/09/2015 (Biofuels Digest) - In Malaysia, Maybank Investment Bank has lowered its estimate of palm oil prices by 13% in 2015, 8% in 2016 and another 8% in 2017 due to the El Nino failing to live up to its promise of impacting oil production.
VEGOILS-Palm up For Third Day, Tracks External Markets
02/09/2015 ((Reuters) - Malaysian palm oil futures rose for a third day in strong trading on Tuesday after a jump in crude oil prices overnight and gains in competing vegetable oil markets, while recent data showing weaker exports and a stronger ringgit had little impact.
Analysts Positive on FGV’s Canada Plant Disposal
02/09/2015 (The Star) - Analysts have given the thumbs up to Felda Global Ventures Holdings Bhd’s (FGV) proposed disposal of its offseeds crushing and refining plant in Canada to Viterra Inc for RM608.2mil, stating that the sell-off is positive for the group since it is keen to raise funds for working capital and pay debts.
FGV Mulls Revising US$680m Purchase of PT Eagle High Plantations
02/09/2015 (The Star) - Felda Global Ventures Holdings Bhd is believed to be mulling the possibility to revise the terms for its US$680mil agreement to buy a stake in Indonesia’s PT Eagle High Plantations, according to Bloomberg.
Soyabean Oil Rises on Scattered Buying
02/09/2015 (Business Standard) - Soyabean oil prices firmed up by Rs 50 per quintal at the wholesale oil and oilseed market today on scattered buying by retailers.
S&P Lowers IOI Corp Outlook to Negative, Cites Fall in CPO Prices
02/09/2015 (The Star) - Standard & Poor's Ratings Services revised its outlook on IOI Corp Bhd to negative from stable on concerns about the impact of the sharp fall in crude palm oil (CPO) prices on the earnings and cashflow.
Presco Nigeria Profit Surges on Cost Cuts
02/09/2015 (BusinessDay) - Presco Nigeria Plc’s cost control measures put in place by its proactive management have paid off as half year net income increased 10.18 percent amid tough operating environment crimping the growth of companies in Africa’s largest economy.
VEGOILS-Market Factors to Watch Sept 2
02/09/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
