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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
Rotterdam Vegetable Oil Prices
14/02/2017 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:
VEGOILS-Market Factors to Watch Feb 13
13/02/2017 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
January Stockpiles Will Support Q1 2017 CPO Prices At RM3,000
13/02/2017 (The Star) - The Malaysian Palm Oil Board’s (MPOB) January 2017 stockpile, which was the lowest January levels in six years, will continue to be supportive of 1Q17 CPO prices at around RM3,000 per tonne, said Maybank Investment Bank Research.
Let’s Light up Palm Oil History
13/02/2017 (The Star) - The Malaysian palm oil industry turns 100 this year. Pinpointing the start of an industry this old is often tricky, but in this case, the birth is widely recognised as the first time that oil palm was planted commercially in this country.
Malaysia's Q4 Real GDP Growth Forecast 4.7%
13/02/2017 (The Star) - Maybank Investment Bank Research estimates that the real GDP growth for the fourth quarter of 2016 (4Q16) was 4.7% on-year, implying a 4.3% full-year growth.
Agri Contracts Boost MCX Turnover
13/02/2017 (Hindu Business Line) - MCX, the country’s largest commodity exchange, has seen renewed trading interest in four agriculture commodities — cotton, mentha, crude palm oil and cardamom — even as overall turnover on the exchange is limping back to normalcy after being hit by the demonetisation of high-value currency in November.
Palm Oil Futures Retreat, as Double Dose of Data Fuel Demand Fears
13/02/2017 (AgriMoney.com) - The recovery in palm oil futures went into reverse after a double dose data spurred concerns that the vegetable oil's narrowed premium over rival vegetable oil soyoil was undermining demand.
Cattle Pastures and Other Degraded Lands Become New Oil Palm Plantations
13/02//2017 (Phys.Org) - A new study published last week in the journal Environmental Research Letters by researchers at the University of Puerto Rico offers the first regional look at lands being converted to palm oil plantations in Latin America.
Third Largest Cooking Oil Importer
13/02/2017 (The Nation) - Recently, a report in Express Tribune claimed that Pakistan is the third largest importer of cooking oil after China and India while importing 2.2 million tonnes of oil seeds every year.