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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
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
VEGOILS-Market Factors to Watch Sept 11
11/09/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Cooking Oil Imports will Rise to Record Next Season
11/09/2014 (Hindu Business Line) - Kharif oilseeds output may decline by up to two million tonnes over last year as the area under the crops has declined due to poor monsoon coverage, according to the solvent extraction industry. This could fuel a record import of edible oils next season starting November, with industry pegging shipments at some 12 million tonnes.
Thin Volumes Keep Edible Oils Cool
11/09/2014 (Hindu Business Line) - A weak rupee, which makes imports costlier, and a jump in palm oil production resulted in lower trade volume in edible oils. The rupee was trading lower at 60.85/90. Weak overseas futures also weighed on the sentiments.
Oilseed Outlook Bearish Ahead of USDA Report
11/09/2014 (Argus) - Global oilseed and vegetable oil markets look increasingly bearish in the lead up to the latest world supply and demand report from the US Department of Agriculture (USDA), to be released tomorrow.
Malaysian Palm Reserves Jump Most Since ‘09 on Record Output
11/09/2014 (Bloomberg) - Palm oil stockpiles in Malaysia, the top producer after Indonesia, surged in August by the most in almost five years as output for the month rose to a record.
Malaysia Ups the Ante in the Race to Garner Palm Oil Market
11/09/2014 (Hindu Business Line) - A turf war has once again broken out between Indonesia and Malaysia, two of the world’s top palm oil producers, to retain market share in the lucrative export business. The latest in the series of trade wrangles is the recent Malaysian announcement that it will do away with export duty on crude palm oil (CPO) for September and October. The rate of export duty is 4.5 per cent.
RI Sees $2.7 Billion Investment in Downstream Palm Oil Industry
11/09/2014 (Jakarta Post) - The government said Indonesia, the world’s largest palm oil producer, had seen investment of US$2.7 billion in the country’s downstream palm oil industry between 2012 and 2014.
CIMB Research Retains Neutral Outlook on Plantations
11/09/2014 (The Star) - CIMB Equities Research is maintaining its Neutral outlook for the plantation sector after the bumper harvest for oil palm in August.
Rotterdam Vegetable Oil Prices
11/09/2014 (Reuters) - Wednesday's Rotterdam vegetable oil prices at 1600 GMT.
