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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
Edible Oils Rise with Firm Overseas Markets
20/12/2014 (Hindu Business Line) - Edible oils prices increased on Friday on the back of firm overseas market. On the Bombay Commodity Exchange, groundnut oil and sunflower oil rose by ₹5 each, cotton oil was up by ₹1, rapeseed oil by ₹15, palmolein and soyabean refined oil by ₹2 each for 10 kg. Lower than expected arrivals of oilseeds in producing centres pushed up sentiments for indigenous edible oils. Liberty was quoting palmolein at ₹4,78-480, super palmolein at ₹500 and soyabean refined oil at ₹595 for January.
Indonesia, Myanmar Hold Business Matching to Seek Potential Trade Partners
20/12/2014 (Shanghai Daily) - An Indonesian delegation comprising 25 state-owned enterprises has held a business matching with their Myanmar counterparts to seek potential businesses and trade partners, sources with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) said Friday.
Activities at Karachi and Qasim Ports
20/12/2014 (Business Recorder) - The Karachi Port handled 147,528 tonnes of cargo comprising 120,918 tonnes of import cargo and 26,610 tonnes of export cargo including 7,019 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 120,918 tonnes comprised of 61,893 tonnes of containerised cargo; 4,748 tonnes of general cargo; 28,079 tonnes of bulk cargo and 26,198 tonnes of oil/liquid cargo.
VEGOILS-Palm Edges up on Crude Oil Recovery; Heavy Rains Eyed
19/12/2014 (Reuters) - Malaysian palm oil futures edged up on Thursday, swelled by a jump in crude oil prices, while wet weather warnings across parts of the second-largest grower stoked concern that yields of the tropical oil will drop this month.
Vegoils: Market Factors to Watch Dec 19 Friday
19/12/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.
FDF Guide Aims to Boost Sustainable Palm Oil Use
19/12/2014 (FoodNavigator.com) - The UK’s Food and Drink Federation (FDF) has published a guide to help food companies switch to sustainably sourced palm oil.
SOP’s Long-Term Prospects Remain Intact
19/12/2014 (Borneo Post) - Sarawak Oil Palms Bhd’s (SOP) long term prospects remain intact despite the cancellation of a plan to acquire more landbank for oil palm plantations.
LPEI to See Higher Export Financing with Weakening Rupiah
19/12/2014 (Jakarta Post) - The Indonesian Export Financing Agency (LPEI), also known as Indonesia Eximbank, expects to channel higher financing in 2015 as the weakening rupiah is estimated to boost exporters’ performance.
Elementis Specialties Demonstrates Strong Commitment to Sustainable Palm Oil
19/12/2014 (PR Newswire) - Elementis Specialties is now offering personal care industry customers BENTONE® organoclays that contain palm oil derivatives that have been certified in accordance with the standard of the Roundtable on Sustainable Palm Oil (RSPO). "Elementis Specialties has discontinued the use of palm oil and palm oil derivatives that do not comply with RSPO in our organoclays. In doing so, we are taking a definitive stance on sustainability to better support our customers in reaching their sustainability targets," said Luc van Ravenstein, Global Business Unit Director of the Personal Care Business. Elementis Specialties is one of the leading suppliers of raw materials for the cosmetics industry and uses, among other feedstock, derivatives of palm oil.
