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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
VEGOILS-Palm Oil Rebounds,But Down 1.3 Pct On The Week
15/03/2013 (Reuters) - Malaysian palm oil futures rose on Friday on bargain-hunting after three straight sessions of losses, with traders expecting seasonally lower production and firm exports to help stocks ease further.
Batanghari Should Close Palm Oil Plantations
15/03/2013 (Jakarta Post) - The Sumatra chapter of Food Farmers Network (JARITANGAN) has asked for support from the Food Agriculture Organization (FAO) to push Batanghari regency and Jambi administration to revoke permits of five palm oil plantations on or near agricultural land belonging to local communities.
Palm Oil Drops to Two-Month Low as Brazil’s Soy Supplies Climb
15/03/2013 (Bloomberg) - Palm oil declined to the lowest level since January on concern that a bumper soybean crop in Brazil, poised to be the world’s largest grower this year, will boost global oilseed supplies and damp demand.
MP Baloha Proposes Banning Palm Oil in Food Production
15/03/2013 (Kyiv Post) - Non-faction MP Viktor Baloha has proposed that the parliament bans the usage of palm oil in the production of foodstuffs.
Cooking Oil Imports by India Climbing Send Inventories to Record
15/03/2013 (Bloomberg) - Cooking oil imports by India, the largest palm oil buyer, advanced for the third straight month because of a decline in prices and on speculation import taxes would increase, a processors’ group said. Domestic stockpiles gained to a record.
Veg Oil Imports Up 11% on Lower Palm Prices
15/03/2013 (Hindu Business Line) - Vegetable oil imports increased 11 per cent to 9,69,175 tonnes in February against 8,76,669 tonnes logged in the same period last year.
India’s Vegetable Oils Import Up 10.55% in Feb: SEA
15/03/2013 (Hindu Business Line) - India, the largest cooking oil consumer after China, has imported 9.69 lakh tonnes of vegetable oils in February, up 10.55 per cent from 8.76 lakh tonnes in the same period last year, industry body SEA said today.
Rising Veg Oil Imports A Huge Blow For Domestic Farmers
15/03/2013 (Business Standard) - Vegetable oil imports surged 10.55 per cent in February after a staggering 75.33 per cent spurt in January this year. In the first four months of the current oil year (November 2012 - October 2013), veg oil import registered an overall growth of 22 per cent.
Lower CPO Price Will Help Ease High Stocks, Says KLK CEO
15/03/2013 (Bernama) - The current lower price of crude palm oil (CPO) will help reduce Malaysia\'s high stock which has surpassed two million metric tonnes.