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MARKET DEVELOPMENT
10-04-2015

Cooking Oils in Bear Grip

10/04/2015 (Hindu Business Line) - Edible oils market witnessed a bearish trend tracking weak physical demand and futures. Malaysian palm oil futures declined for third consecutive day in line with weak world soya oil complex. On the Bombay Commodity Exchange, imported palmolein and soya oil eased by â‚¹6 and â‚¹2 for 10 kg each. Cotton refined oil lost â‚¹3. Rapeseed oil gained by â‚¹3 on report of lower crop. Local refineries reduced their rates by â‚¹4-5. Liberty was quoting palmolein at â‚¹488 JNPT and â‚¹490-493, super palmolein â‚¹525, soyabean refined oil â‚¹587. Ruchi traded palmolein for â‚¹488, soyabean refined oil â‚¹581 and sunflower refined oil â‚¹630. Allanaâ€™s rates: palmolein â‚¹493-496, super palmolein â‚¹520, soyabean refined oil â‚¹585 and sunflower oil â‚¹635.

MARKET DEVELOPMENT
10-04-2015

Indonesian March Crude Palm Oil Output Seen up 17 Pct m/m - Reuters Survey

10/04/2015 (Reuters) - Indonesian crude palm oil (CPO) output in March likely rose 17 percent to its highest level since September, a survey of leading industry officials showed, with the increase partly due to more number of available working days on plantations.

MARKET DEVELOPMENT
10-04-2015

No Intervention to Curb Price Slide of Palm Oil: Chatchai

10/04/2015 (The Nation) - In spite of the plunge in the price of palm oil, the Commerce Ministry insists on not intervening in the market.

MARKET DEVELOPMENT
10-04-2015

RM3.8 Bln Spent on Projects

10/04/2015 (Borneo Post) - The State Government has spent RM1.2 billion to implement various development projects in Sbaah, particularly those related to infrastructures last year.

MARKET DEVELOPMENT
10-04-2015

Sesame Oil Eases on Lack of Buying Support

10/04/2015 (Business Standard) - Sesame oil prices eased by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to absence of worthwhile buying support against adequate stocks position.

MARKET DEVELOPMENT
10-04-2015

Uncertainty Pushes Back Biodiesel Mix

10/04/2015 (Jakarta Post) - Realization of biofuel blend volume in the first quarter of this year has been lower compared to the same period of 2014 mainly because of inconsistencies in the governmentâ€™s policy and uncertainty about the amount of subsidies.

MARKET DEVELOPMENT
09-04-2015

VEGOILS-Market Factors to Watch Oct 9

09/04/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT
09-04-2015

VEGOILS-Palm Falls on Firm Ringgit, Bigger Output Worries

09/04/2015 (Reuters) - Malaysian palm oil futures inched down on Wednesday, retreating further from sharp gains made earlier in the week as a firm ringgit and concerns over rising palm supplies stifled buying interest.

MARKET DEVELOPMENT
09-04-2015

CBIP Bags RM49.8M Palm Oil Mill Contract

09/04/2015 (The Edge Markets) - CB Industrial Product Holding Bhd (CBIP)( Financial Dashboard) announced that its wholly-owned subsidiary Modipalm Engineering Sdn Bhd has been awarded a RM49.8 million contract by United Plantations Bhd ( Financial Dashboard) to design and construct a palm oil mill at Ulu Bernam, Selangor.

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