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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 Recover 0.58% on Spot Demand
16/02/2017 (Business Standard) - Crude palm oil prices recovered by 0.58 per cent to Rs 568.50 per 10 kg in futures market today as speculators indulged in creating fresh positions, taking positive cues from spot market on pick up in demand.
Rotterdam Vegetable Oil Prices
16/02/2017 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:
VEGOILS-Market Factors to Watch Feb 15
15/02/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
VEGOILS-Palm Oil Hits Near 3-Month Low Before Gaining on Low Supply Outlook
15/02/2017 (Reuters) - Malaysian palm oil futures came off near three-month lows to trade higher on Tuesday evening on concerns about a decline in February production, traders say.
KLK Plantation Profit Surges in Q1 on Higher Palm Oil Price
15/02/2017 (The Star) - Kuala Lumpur Kepong Bhd (KLK) reported a 54% surge in its plantation pre-tax profit to RM419.4mil, thanks to improved selling prices for crude palm oil (CPO) and palm kernel (PK) for its first quarter ended Dec 31, 2016 (Q1’17).
RHB Research Lifts KL Kepong Target Price as Palm Oil Prices Climb
15/02/2017 (The Star) - RHB Research Institute has raised its sum-of-parts based target price for Kuala Lumpur Kepong (KLK) to RM29.30 from RM26.80 after imputing its latest net debt position and adjusting for higher palm kernel oil (PKO) prices.
Palm Oil: Benefits Extend Globally
15/02/2017 (New Strait Times) - The annual 50 million tonnes of palm oil trade contributes some US$39 billion (RM172 billion) to gross domestic product (GDP) of the global economy, says Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.
Mustard Oil Weakens on Subdued Demand
15/02/2017 (Outlook India) - In restricted activity, mustard oil prices drifted lower by Rs 50 per quintal at the wholesale oils and oilseeds market today on sluggish demand from local parties against adequate stocks position.
Indian Soybean, Soyoil Futures Fall on High Supplies
15/02/2017 (Reuters) - Indian soyoil and soybean futures fell on Tuesday, hurt by high supplies and low demand in the domestic market.