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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Bakrie Plantations Won’t Expand This Year
11/06/2014 (Jakarta Post) - Agriculture firm PT Bakrie Sumatera Plantations (UNSP) is confident it can maintain its financial performance in the first quarter of this year particularly by focusing on its existing assets optimization.
VEGOILS-Palm Oil Slips to 1-Week Low on Bigger Stockpile Woes
11/06/2014 (Reuters) - Malaysian palm oil futures slipped to a one-week low on Tuesday after an industry report showed stocks in the world's second-largest producer hit a four-month high at the end of May, with sluggish demand adding pressure to prices.
Palm Oil Stocks Up 4.2 Per Cent In May To 1.84 Million Tonnes
11/06/2014 (Bernama) - Palm oil stocks increased 4.2 per cent to 1.84 million tonnes in May 2014 from 1.77 million tonnes in April, the Malaysian Palm Oil Board (MPOB) said.
MPOB Warns Against Purchasing Stolen FFB In Sarawak
11/06/2014 (Bernama) - The Malaysian Palm Oil Board (MPOB) has warned against the purchase of stolen fresh fruit bunches (FFB) in the state, saying it would not renew licences or withdraw those of manufacturers and traders indulging in such an act.
Palm Oil/Vegoils: Market Factors to Watch June 11 Wednesday
11/06/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday.
El Nino Risk Dents World Palm Oil Supply Outlook: Southeast Asia
11/06/2014 (Bloomberg) - A moderate El Nino weather pattern would reduce palm oil output by as much as 12 percent in Malaysia, the world’s second-largest producer, IOI Corp. (IOI) Chief Executive Officer Lee Yeow Chor said.
Colombia’s Palm Oil Industry Asks Govt. for Help Despite Environmental and Human Rights criticisms
11/06/2014 (Colombia Reports) - Colombia’s palm oil producers have called on the country’s government to protect the sector’s profitability amid the rising local currency, and continuing environmental and ethical concerns surrounding the industry, national media reported on Tuesday.
Palm Imports by India Falling as Refiners Buy Soybean Oil
11/06/2014 (Bloomberg) - Palm oil imports by India, the world’s largest buyer, probably declined in May as refiners and traders bought more soybean and sunflower oils amid forecasts for record global supplies. Futures in Kuala Lumpur fell.
World Biodiesel Output Seen by Oil World Reaching Record
11/06/2014 (Bloomberg) - World production of biodiesel is forecast to climb to a record this year, with output in Brazil rising as the country increases mandates for incorporation in transportation fuel, Oil World said.
