|
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
No Vested Intest in Deal
08/12/2014 (Borneo Post) - Human Resources Minister Datuk Seri Richard Riot denies having any personal interest in any deals to bring in 12,000 Bangladeshi workers to Sarawak.
PZ Wilmar Invests $650M in Oil Palm Estates
08/12/2014 (The Nation) - Efforts by Nigeria to reclaim its lost glory as the number one producer and exporter of palm oil and other palm produce in the world which she lost to Malaysia when crude oil was discovered in Nigeria may soon be realised. This will be made more possible as international companies are taking keen interest in the agricultural sector of the nation’s economy.
Malaysia Posts Trade Surplus Of RM62.83 Billion For Jan-Oct 2014
08/12/2014 (Bernama) - Malaysia recorded a trade surplus of RM62.83 billion for the first 10 months of 2014, with total trade expanding 6.6 per cent to RM1.21 trillion from the corresponding period in 2013, said the Ministry of International Trade and Industry (MITI)
Rotterdam Vegetable Oil Prices
08/12/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1700 GMT.
Oilmeal Exports Down 45% on Poor Overseas Demand
08/12/2014 (Business Standard) - India’s oilmeal exports fell 45 per cent between April and November this year. Data compiled by the apex trade body, Solvent Extractors’ Association (SEA), showed India’s oilmeal exports at 1.42 million tonnes (mt) during the period, as compared to 2.6 mt in the corresponding period last year. Shipment of soybean meal fell sharply to 0.25 mt in the first eight months of the current financial year compared with 1.60 mt in the corresponding period last year.
VEGOILS-Market Factors to Watch Dec 8
08/12/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
‘Weather Crucial for CPO Prices in 2015’
08/12/2014 (Borneo Post) - Analysts believe the single key catalyst for palm oil price in 2015 is the weather since food demand growth remains muted and non-mandatory biodiesel usage slows due to a decline in crude oil price.
ADM Boosts Stake in Food Commodities Rival Wilmar
08/12/2014 (Financial Times) - Archer Daniels Midland has increased its stake in Wilmar International of Singapore as the food commodities giant tries to move more volumes outside its historic US base.
Pakistan's Palm Oil Imports Seen up in 2015 - Industry
08/12/2014 (Reuters) - Pakistan is likely to import more palm oil in 2015 as growing demand from its food industry and lower prices of the edible oil boost overseas purchases, traders and analysts said on Friday.
