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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
Malaysia Keeps Crude Palm Oil Export Tax for June at 5.5 pct
19/05/2014 (Reuters) - Malaysia, the world's second-largest palm grower, has kept its crude palm oil export tax for June at 5.5 percent, a government circular showed on Friday.
Palm Oil up on European Vegoils Market
19/05/2014 (Business Recorder) - Palm oil on the European vegetable oils market was stronger on Thursday due to improved Malaysian palm oil exports during the first 15 days of May. "Palm oil exports improved substantially from last month, which underpinned prices although underlying sentiment is still bearish and that reflected in the overall lack of buying interest today," one broker said.
Palm Oil to Test Support, Rise
19/05/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives Exchange fell to their lowest level in more than three months on Monday, following losses in overseas soya oil markets and a strong ringgit. Demand has been robust so far and a further fall in prices could boost demand hopes. Cargo surveyor data showed that shipments of Malaysian palm products jumped between 23 and 28 per cent in the first half of May compared with a month ago, with bigger purchases from India, Pakistan and Europe.
VEGOILS-Palm Snaps Four Days of Gains as Investors Bank Profits
17/05/2014 (Reuters) - Malaysian palm oil futures snapped a four-day gaining streak on Friday as investors booked profits ahead of the weekend, although optimism that festival-driven consumption will bolster exports of the vegetable oil capped losses.
Rotterdam Vegetable Oil Prices
17/05/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1700 GMT.
More EU Members Urged to Back Sustainable Palm Oil Trading
17/05/2014 (FoodNavigator.com) - Sustainable palm oil trader GreenPalm will use this year’s European Roundtable for Sustainable Palm Oil (RSPO) Summit as a platform to urge key players in the EU palm oil industry to galvanise shared knowledge and promote sustainable sourcing.
The Cameroonian Palm Oil Company Received 1.5 Billion FCfa in Tax Reductions for 2013
17/05/2014 (Business in Cameroon) - In its financials that have just been published, the Cameroonian palm oil company (Socapalm) reveals that it received a tax reduction of 1.5 billion in 2013 as was already the case in 2012 with the application of Cameroon’s reinvestment tax policy.
CPO Futures Close Lower on Profit-taking
17/05/2014 (NST) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower today after four trading days of gains on profit-taking ahead of the weekend, dealers said.
Edible Oils Rule Flat on Lack of Buying
17/05/2014 (Hindu Business Line) - Baring palmolein, which lost ₹4 for 10 kg, all other edible oil prices ruled unchanged on lack of demand amid weak Malaysian palm oil futures.
