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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
US-IRAN ESCALATION KEEPS OILPRICES FIRM, LIFTS PALM OIL OUTLOOK—MPOC
Nigeria’s Agro-products And EU Ban
10/08/2015 (Leadership Newspapers) - Recently, it was reported that the European Union (EU) has placed a ban on a number of Nigeria’s agricultural products, for not meeting the quality standards set for such items destined for their markets. In other words, the products failed the standardisation test and, therefore, did not meet the stringent international exports standards of countries in the Union. The items include beans, sesame seeds, dried fish, dried meat, peanut chips and palm oil. The restriction, it also indicated, will last till June next year.
VEGOILS-Market Factors to Watch August 7
07/08/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Pakistan To Explore New Areas Of Cooperation With Malaysia
07/08/2015 (Bernama) - Pakistan is looking to explore new areas of cooperation with Malaysia, especially in the halal industry.
Malaysia To Renew Push To Set Up Oil Palm Plantations In The Philippines
07/08/2015 (Bernama) - Malaysia will renew the push to set up oil palm plantations in the Philippines after the first attempt over 20 years ago resulted in a dead end, said Malaysian Palm Oil Council.
Palm Oil Industry Update Indonesia: CPO Production at 40 Million by 2020?
07/08/2015 (Indonesia Investments) - Indonesia’s production of crude palm oil (CPO) is expected to reach 40 million tons in 2020, in line with the government’s national program and downstream CPO roadmap. At the 3rd Indonesia International Palm Oil Processing Machinery & Technology Exhibition, Pranata, Director of Forest and Plantation Industries at the Indonesian Industry Ministry, said that, based on the roadmap, targeted CPO production growth should average 6.8 percent per year up to 2020, so the country will produce 40 million tons by that year.
Indonesia Needs Institutional Reforms to Boost Growth
07/08/2015 (Jakarta Post) - Over the last five years, Indonesian gross domestic product (GDP) growth peaked at 6.5 percent in the first quarter of 2011 and has steadily fallen to 4.71 percent in the first quarter of 2015.
We Need A Holistic Look at Tax on Palm Oil – OPDAG President
07/08/2015 (Citifmonline) - The President of The Oil Palm Development Association of Ghana (OPDAG) Mr. Samuel Awonnea Avaala, has called on all stakeholders in the Palm Oil sector to come together for a boarder consultation on key issues affecting the industry including Import Adjustment Tax (IAT) on Crude Palm Oil (CPO) to adopt a common position for the greater good of the entire value chain.
June Trade Balance Boosted By Higher Exports, Lower Imports
07/08/2015 (The Star) - Malaysia’s June trade balance at RM8bil in June was the highest in five months, underpinned by higher exports and lower imports from a year ago, said MIDF Equities Research.
Chinese Soy Crush Margins to Stay Positive, Says Wilmar
07/08/2015 (AgriMoney.com) - Wilmar International expects Chinese soybean crushing margins to remain above the breakeven point for the rest of the year.
