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Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia plans phased expansion of biodiesel programme, minister says
Malaysian palm oil.Vegoils: Market factors to watch Wednesday April 18
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday April 18.
Palm gains over 1 pct on profit taking, stronger US soyoil
Malaysian palm oil futures rebounded from losses to gain over 1 percent at the end of the trading day on Tuesday, snapping six days of losses, lifted by profit-taking and gains in soyoil on the Chicago Board of Trade (CBOT).
Affin Hwang mantains buy on FGV
The research house maintained its buy call on FGV and target price of RM2.26 based on an unchanged 25x price-earnings on its 2018E core earnings per share.
Palm oil gains
Malaysian palm oil futures rebounded from losses to gain over 1 per cent at the end of the trading day on Tuesday, snapping six days of losses, lifted by profit-taking and gains in soyoil on the Chicago Board of Trade (CBOT).
Indonesia Talks Preferential Trade Agreements with African Nations
The focus on more intensive trade relations with African countries came after Indonesian President Joko Widodo visited the Indian Ocean Rim Association (IORA) Summit in March 2018. The IORA is an international organization, consisting of coastal states bordering the Indian Ocean, that aims to promote co-operation and closer interaction among its 21-member nations. Indonesia joined the IORA in 1997.
Higher volume in edible oils
In the edible oils market, volume jumped on renewed demand led by strong rumour of duty hike amid weak rupee which makes imports costlier at lower price level.
Malaysian palm oil/Vegoils: Market factors to watch Tuesday April 17
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 17.
Malaysian palm oil price declines to one-month low on slowing demand growth
Malaysian palm oil futures fell to a one-month low on Monday evening, recording a sixth straight day of losses on expectations of slowing demand growth and tracking losses in related edible oils.
Indonesia-Malaysia palm council says UK supermarket Iceland misleads consumers
The Council of Palm Oil Producing Countries (CPOPC), a palm oil board led by Indonesia and Malaysia, said British supermarket chain Iceland's decision to remove palm oil from its own-brand food products misleads consumers.
