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Malaysia raises palm oil export duty for April
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VEGOILS-Market Factors to Watch Jan 17
17/01/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
17/01/2017 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:
Palm Oil Futures Rise on Improving Demand
17/01/2017(Hindu Business Line) - Malaysian palm oil futures on BMD were higher on Monday, helped by improving export demand and strong commodity prices due to tight supplies. Stronger Malaysian exports for the first half of January, pointing to good demand, also supported palm.
VEGOILS-Palm Oil Rose on Better Exports, Tight Supplies
17/01/2017 (Reuters) - Malaysian palm oil futures rose on Monday, helped by improving export demand and strong commodity prices due to tight supplies, traders said.
Provident Agro Reduces Nominal Value of Shares
17/01/2017 (Jakarta Post) - Publicly listed plantation firm Provident Agro (PALM) announced on Monday that it would reduce the nominal value of its shares to Rp 15 (about 0.1 US cents) apiece from Rp 100 because it had excess liquidity from the divestment of four of its subsidiaries last year.
Commodities Expected to Fetch Higher Prices This Year
17/01/2017 (The Star) - The country’s commodities, particularly palm oil, are expected to enjoy higher prices in 2017, with the increase in export revenue set to reach up to 8%.
Matang Makes Firm Debut on Bursa Malaysia
17/01/2017 (The Star) - Oil palm plantation company Matang Bhd made a firm debut on the ACE Market of Bursa Malaysia on Tuesday, rising to an early high of 15 sen amid a cautious broader market.
Malaysian 2017 Palm Oil Output Forecast to Rise 12 Pct Y/Y -MPOB
17/01/2017 (Reuters) - Malaysia's palm oil output may rise by 12 percent this year to 19.4 million tonnes from 17.4 million tonnes in 2016, an industry group forecast on Friday.
MPOB Sets up RM30m Research Fund For Palm Oil Industry
17/01/2017 (The Star) - The Malaysian Palm Oil Board (MPOB) has set up an Oil Palm Mechanisation Fund with an initial investment of RM30mil to facilitate further research and technology for the palm oil industry.
