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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
Bullish Global Cues Heat up Edible Oils
03/03/2015 (Hindu Business Line) - Sentiment in edible oils market turned bullish on Monday tracking firm futures amid improved physical demand. Spurt in Malaysian palm oil and firm Chicago soya oil projections lifted palmolein and soya oil by ₹4 and ₹3 each and cotton refined oil by ₹7 for 10 kg on the Bombay Commodity Exchange. Liberty was quoting palmolein at ₹515, super palmolein ₹540 and soyabean refined oil ₹610. Ruchi’s rates: palmolein ₹515, soyabean refined oil ₹605 and sunflower refined oil ₹625. Allana traded palmolein for ₹522, super palmolein ₹543, soyabean refined oil ₹605, sunflower oil ₹628.
Palm Crop Optimists Seen by Mistry Overlooking Harvest Risk
03/03/2015 (Bloomberg) - Palm oil output forecasts that show the Malaysian harvest expanding to a record are too optimistic, according to Dorab Mistry, who signaled that investors should focus on supply as two low cycles coincide.
Better Year Ahead for Sarawak Oil Palm
03/03/2015 (Borneo Post) - Although the financial year 2014 (FY14) results for Sarawak Oil Palms Bhd (SOP) came in below expectations, analysts believe the group will perform significantly better this year.
Palm Oil to Test Resistance, Dip
03/03/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended sharply higher on Monday boosted by a rate cut in China and a weaker ringgit further underpinned prices.
Demand Holds the Key to Palm Oil Price Outlook
03/03/2015 (Hindu Business Line) - A day ahead of the annual Palm and Lauric Oils Price Outlook conference organised by Bursa Malaysia, the mood at the event venue is clear. No one is expecting a bull run in palm oil prices in particular and the global vegetable oil market in general.
Govt Supports Private Palm Oil Mills: Tawfiq
03/03/2015 (Daily Express) - The Sabah State Government is always in support of private sector initiatives or private companies keen on setting up more palm oil mills.
Crude Palm Oil Weekly Report – Feb 28, 2015
02/03/2015 (Borneo Post) - Malaysian palm oil futures climbed higher on Friday to 2,309, due to expectations of weak output from Indonesia, coupled with investors buying ahead of a key industry conference.
Crude Oil’s Collapse Seen Causing Indonesia to Miss Biofuel Goal
02/03/2015 (Bloomberg) -- Indonesia’s goal of boosting use of biodiesel made from palm oil by more than doubling subsidies is being threatened by the slump in crude prices.
Vegoils: Market Factors to Watch Monday March 2
02/03/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday March 2.