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CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
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VEGOILS-Market Factors to Watch May 4
04/05/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Edible Oils in Steady Trend
04/05/2017 (Hindu Business Line) - Edible oils witnessed steady trend on Wednesday amid slack physical demand. On BCE prices of all edible oils rule unchanged. Bearish Malaysian palm oil futures kept domestic NCDEX soya oil futures also weak.
VEGOILS-Palm Posts Biggest Intraday Fall in A Week on Stronger Ringgit
04/05/2017 (Reuters) - Malaysian palm oil futures fell on Wednesday, posting their biggest intraday drop in a week as the ringgit strengthened and made the vegetable oil more expensive for holders of other currencies.
Crude Palm Oil Futures Fall 0.37 Pc on Profit-booking
04/05/2017 (India.com) - Crude palm oil prices fell 0.37 per cent to Rs 490.90 per 10 kg in futures trade today as traders booked profits amid fall in demand at spot markets.
EU Resolution on Palm Oil Not Affecting Thailand
04/05/2017 (NNT) - Prime Minister Gen Prayut Chan-o-cha has instructed the Ministry of Commerce to study the pros and cons of joining the federation of palm oil producing nations set up by Malaysia and Indonesia.
Palmolein Oil Slides on Sluggish Demand
04/05/2017 (India.com) - Palmolein oil prices declined by Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.
S’pore-listed Kencana Agri to Build Sixth CPO Mill in Indonesia
04/05/2017 (Jakarta Post) - Singapore-listed palm oil producer Kencana Agri Ltd. plans to build a new crude palm oil (CPO) mill in Luwuk, Central Sulawesi, in the second half of 2017 with an investment value of at least Rp 75 billion (US$5.62 million).
Liberia: 'No Commercial Logging' - GVL Debunks Logging Allegations
04/05/2017 (AllAfrica.com) - Oil palm giant, Golden Veroleum Liberia (GVL), has refuted allegation that it is proposing the sale of timber from palm oil concessions. The oil palm giant says its development work in Liberia is in line with national and international laws on the protection of forests and also endangered species; and that the company will engage in any form of commercial logging.
VEGOILS-Market Factors to Watch May 3
03/05/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.