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MARKET DEVELOPMENT
09-01-2018

European vegoils-Palm oil firmer on positioning ahead of reports

Palm oil on the European vegetable oils market was stronger on Monday, tracking gains in Malaysian palm oil futures on positioning ahead of Wednesdayâ€™s MPOB supply/demand and stocks report.

MARKET DEVELOPMENT
09-01-2018

Malaysia oil palm industry faces â€˜toughâ€™ year, USDA FAS says

Long-standing labor shortages, lack of mechanization in the collection of fresh fruit bunches, rising operational costs, lower demand from traditional export markets such as China and India, and increasing anti-palm oil campaigns in Europe confront the industry

MARKET DEVELOPMENT
09-01-2018

CPO export tax move good for firms with upstream ops

The move to suspend crude palm oil (CPO) export taxes for three months is positive for Malaysian planters as it will help boost exports of the commodity.

MARKET DEVELOPMENT
09-01-2018

Palm oil rebounds to six-week high on rising demand outlook

Malaysian palm oil futures rebounded from early losses to rise over 1% in evening trade on Monday, as traders forecast improving demand in January and lower production in the coming months.

MARKET DEVELOPMENT
09-01-2018

Govt expects lesser earnings for commodities this year

The government expects up to 10% reduction of earnings for the countryâ€™s palm oil exporters, as the ringgit continues to strengthen against the greenback, said Ministry of Plantation Industries and Commodities (MPIC) Minister Datuk Seri Mah Siew Keong.

MARKET DEVELOPMENT
09-01-2018

Groundnut oil remains weak on low demand

In restricted activity, groundnut oil prices eased by Rs 100 per quintal at the wholesale oils and oilseeds market today on muted demand against adequate stocks position.

MARKET DEVELOPMENT
09-01-2018

Coconut oil prices surge on drop in copra output

Kochi, January 8: Supply constraints and lower production have pushed up coconut oil and copra prices to a new high in recent months

MARKET DEVELOPMENT
09-01-2018

Muted demand weighs on crude palm oil futures

New Delhi, Jan 8 Crude palm oil prices softened 0.30 per cent to Rs 559 per 10 kg in futures trade today as speculators reduced exposure on account of sluggish demand in spot markets.

MARKET DEVELOPMENT
09-01-2018

FGV, Genting Plantations seen gaining from Malaysia CPO export tax suspension

Malaysia's move to suspend crude palm oil (CPO) export tax for three months starting today (Jan 8, 2018) is positive for planters with significant upstream operations, as the move will boost CPO exports.

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