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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
VEGOILS-Palm Rebounds on Stronger Soyoil, Weaker Output Forecasts
22/03/2017 (Reuters) - Malaysian palm oil futures rebounded on Tuesday from a three-day low to chart their strongest daily gain in a week, tracking stronger soyoil prices and supported by forecasts of weaker output.
Rotterdam Vegetable Oil Prices
22/03/2017 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:
Kraft Heinz Expands Sustainability Push After Unilever Bid
22/03/2017 (Bloomberg) - Kraft Heinz Co., rebuffed recently in its bid to buy Unilever, is investing $200 million in an expanded corporate social responsibility program that includes a pledge to fight malnutrition and decrease its environmental footprint.
Crude Palm Oil Futures Extend Losses, Down 0.34% on Low Demand
22/03/2017 (Business Standard) - Continuing its losing streak for the second straight day, crude palm oil fell 0.34 per cent to Rs 519 per 10 kg in futures market today as participants engaged in reducing their positions, tracking a weak trend at the spot market on sluggish demand.
Shipping Activity At Port Qasim
22/03/2017 (Pakistan Observer) - Four ships C.V Al-Asya, C.V Express Black Sea, M.T Bunga Alamanda and M.T Al-Salam-II carrying containers, 23,500 tonnes palm oil and 52,475 tonnes diesel oil were arranged berthing at Qasim International Container Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively on Sunday.
Mustard Oil Edges up on Local Demand
22/03/2017 (Outlook India) - Mustard oil prices inched up by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market on scattered demand from local parties.
Indonesia Palm Export Growth 'To Stay Weak', Despite Output Jump
22/03/2017 (AgriMoney.com) - US officials flagged stagnation in Indonesia's palm oil exports, with importers seeing better value in rival vegetable oils, even as production looks on track for strong growth, as a hangover from El Nino wears off.
Grains Close Lower, Soybean Futures Finish Session Higher
22/03/2017 (Agriculture.com) - Corn and wheat futures closed lower on Tuesday while soybean futures reversed course and finished higher.
Edible Oils Rule Steady, Tracking Overseas Futures
22/03/2017 (Hindu Business Line) - Malaysian palm oil closed higher and Chicago soya oil projection was firm but domestic soya oil futures on the NCDEX remained weak on lack of demand. On the BCE, soya and cotton oil declined by ₹7 and ₹1 each. Groundnut oil gained by ₹10. The others were steady.
