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Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
Crude Palm Oil Futures Rise By 0.59 Per Cent
18/04/2017 (Business Standard) - Crude palm oil prices were up by 0.59 per cent to Rs 519.90 per 10 kg in futures trade today as traders created fresh positions, supported by pick-up in demand at the spot market.
Soy Futures Firm on Rain Outlook; Corn, Wheat Weak
18/04/2017 (Reuters) - US soybean futures firmed on Monday, hitting their highest level in more than two weeks on increasing concerns that rain in critical growing areas could delay plantings in the coming weeks, traders said. Corn futures weakened, weighed down by some mild profit taking after prices hit a five-week high last week. But the weather outlook limited the declines.
VEGOILS-Market Factors to Watch April 17
17/04/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Crude Palm Oil Weekly Report – April 15, 2017
17/04/2017 (Borneo Post) - Malaysian palm oil futures extended their decline to the lowest level since last October this week following higher than expected production and end-stock data from the industry regulator, stronger ringgit and higher than expected Malaysia’s crude palm oil export tax announced on Thursday.
Chairman Unhappy With Returns From Felda Global and Felda Investment
17/04/2017 (The Star) - The Federal Land Development Authority (Felda) demands to see better returns from its slew of assets to help run programmes for settlers.
‘EU Must Rethink Palm Oil Biofuels’
17/04/2017 (The Star) - Malaysia and Indonesia are working hard to protect the livelihood of those in the palm oil industry whose future is now uncertain following the European Parliament’s decision to phase out palm oil based biofuels by 2020.
Delegates Promote Prospects in S’wak to South Koreans
17/04/2017 (Borneo Post) - A state delegation comprising representatives of the Industrial and Entrepreneur Development, Trade and Investment Ministry as well as several senior government officials is currently in Seoul, South Korea to promote investment opportunities available in Sarawak.
Ruchi Soya's Views on Union Cabinet Approving Measures to Increase Oil Palm Prea and Production in India
17/04/2017 (Hindu Business Line) - In light of the latest round of measures announced by the Government to promote and encourage oil palm cultivation, Mr. Dinesh Shahra, Managing Director, Ruchi Soya Industries Ltd., India’s largest agri-foods company, welcomed this historic and path-breaking initiative of the Government led by the Hon’ble Prime Minister Narendra Modi ji.
UPDATE 1-Malaysia's April 1 - 15 Palm Oil Exports Rose 15.2 Pct -ITS
17/04/2017 (Reuters) - Exports of Malaysian palm oil products for April 1-15 rose 15.2 percent to 567,280 tonnes, from 492,321 tonnes shipped during March 1-15, cargo surveyor Intertek Testing Services said on Saturday.