Berita Arkib

04/07/2016 (Business Standard) - Extending its gain for the third straight day, crude palm oil prices advanced by 0.50% to Rs 502 per 10 kg in futures trading today as traders engaged in enlarging positions, taking positive cues from spot market on strong demand.

04/07/2016 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives rose to a one-week high in early trade on Monday, lifted by weaker-than-expected output and short-covering ahead of public holidays. CPO active month September futures are moving in line with our expectations. As mentioned earlier, a fall below MYR 2,420/tonne could see prices testing the next crucial support around 2,330-35 levels in the short-term, where it is expected to find a possible near-term bottom. Prices have bounced exactly higher from there. The present recovery could see prices testing the important resistance around 2,475-80 levels ideally. As illustrated earlier, a possible head-and-shoulder pattern has been confirmed on a break below 2,475 , which is quite a bearish sign. Resistances are at 2,475 followed by a strong one at 2,550 levels now. The chart picture indicates a possible near-term bottom made at 2,317 . Since the momentum still favours further declines, our favoured view expects prices to edge lower again after the pullback fails to cross near-term resistances. This is our favoured expectation. Only an unexpected rise above 2,575 on a closing basis could hint at resumption of the uptrend, which could potentially stretch to test 2,790-2,800 levels, or even higher.

01/07/2016 (Business Standard) - Barring a rise in cottonseed oil prices on mild demand from retailers, movements in other edible and non-edible oils remained restricted at the wholesale oils and oilseeds market today in the absence of any worthwhile activity.

01/07/2016 (Hindu Business Line) - Edible oils market extended gains tracking a rebound in futures amid physical demand support.

01/07/2016 (UkrAgroConsult) - Issue of palm oil application in food production was raised again in Russia. This time disagreement arose between Ministry of economic development and RosPotrebNadzor.

01/07/2016 (Business Standard) - Tracking a firm global trend, crude palm oil prices were up by 0.60 per cent to Rs 505.10 per 10 kg in futures trade today as traders created fresh positions supported by pickup in demand in the spot market.

01/07/2016 (Tempo.co) - The Coordinating Minister for Economic Affairs Darmin Nasution has called on all palm oil industry stakeholders to improve their commitment to sustainable palm oil production as it could maintain Indonesia’s palm oil strategic position in the international market.

01/07/2016 (Reuters) - Additional rainfall from a potential La Nina is likely to improve palm fruit yields that will raise oil output in 2017, spurring a rebound in supply after severe dry weather this year.

01/07/2016 (Business Standard) - Tracking a firm global trend, crude palm oil prices were up by 0.60 per cent to Rs 505.10 per 10 kg in futures trade today as traders created fresh positions supported by pickup in demand in the spot market.

01/07/2016 (Jakarta Post) - Indonesia and Malaysia have held the second Indonesia-Malaysia Joint Trade and Investment (JICT) meeting after an 8-year hiatus. At the meeting, both governments agreed to renew their border trade agreement (BTA) in Kalimantan that is targeted for completion by August before an Indonesian and Malaysian leaders' meeting.

01/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday July 1.

01/07/2016 (Reuters) - Malaysian palm oil futures rose for a second session in four on Friday as better performing rival soy oil gave the market a late boost even though a stronger ringgit weighed on prices earlier in the day.