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VEGOILS-Market Factors to Watch Mar 21
21/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Crude Palm Oil Futures Fall 0.24 pc on Profit-booking
21/03/2017 (Business Standard) - Crude palm oil prices fell 0.24 per cent to Rs 534 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.
Palm Oil Futures Under Pressure
21/03/2017 (Hindu Business Line) - Malaysian palm oil futures declined on Monday after the release of weaker export data, while March output is expected to improve from a month ago.
Gov't Encourages Palm Oil Farmers to Grow Corn
21/03/2017 (Jakarta Globe) - The central government has encouraged palm oil farmers nationwide to plant corn across nearly one million hectares of farmland by the end of 2017, an official from the Ministry of Agriculture said on Sunday (19/03).
Groundnut Oil Edges up on Scattered Demand
21/03/2017 (India.com) - Groundnut oil prices edged higher by Rs 100 per quintal at the wholesale oils and oilseeds market on mild demand from retailers.
Three Chinese Companies Eye Strategic Stakes in FGV
21/03/2017 (The Star) - Three China-based companies including China National Cereals, Oils and Foodstuffs Corp (COFCO) are vying for strategic stakes in Felda Global Ventures Holdings Bhd (FGV).
Mixed Trend in Edible Oils
21/03/2017 (Hindu Business Line) - Mix trend prevailed in edible oils on back of weak futures amid slack physical demand. On BCE groundnut and soya oil declined by ₹10 and ₹1 each. Rapeseed and cotton oil rose by ₹10 and ₹1 each.
VEGOILS-Palm Oil Falls on Weaker Export Data; Output Seen to Improve
21/03/2017 (Reuters) - Malaysian palm oil futures on Monday slipped to a second session of declines in three on weaker export data, while March output is expected to improve from a month ago.
Indian Soybean Futures Rise in Choppy Trading
21/03/2017 (Reuters) - Indian soybean futures rose as much as 1.8 percent in choppy trade on Monday, its highest intraday gain in about a month, before settling 0.9 percent higher.
