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Malaysia raises palm oil export duty for April
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?
Indonesia State Research Firm Sees 2016 Palm Oil Production Down 2.3 Percent
19/12/2016 (Reuters) - The Indonesian Oil Palm Research Institute said on Monday it expects 2016 palm oil production to be 34.71 million tonnes, down 2.26 percent from 35.51 million tonnes last year due to dry conditions related to an El Nino weather pattern.
Crude Palm Oil Prices up 0.53% at Futures Trade
19/12/2016 (Business Standard) - Crude palm oil prices were up by 0.53 per cent to Rs 570.50 per 10 kg in futures trade today as traders created fresh positions, supported by pick-up in demand at the spot market.
Palm Oil Can Be The Next ‘Gold’ For Ghana
19/12/2016 (National Accord) - The Head of Corporate Affairs, Unilever Ghana, Mr. Gabriel Opoku-Asare, has described the palm oil sub-sector as the next “gold†sector for the country if all key stakeholders collaborate to grow the sub-sector to meet the increasing global demand for sustainable palm oil.
Bearish Outlook For RM Seed
19/12/2016 (Hindu Business Line) - RM Seed (rapeseed-mustard) was the market mover in the agri commodity space in the past week. The RM Seed futures contract on the NCDEX traded negative during the week and closed down 3 per cent (year-on-year).
Indonesia Palm Output Seen Extending Growth in Nov - Reuters Survey
19/12/2016 (Reuters) - Indonesia's crude palm oil (CPO) output likely rose by 8 percent in November from a month ago, while exports fell slightly, a Reuters survey showed.
Prices of Palm, Groundnut Oil Jump in Owerri
19/12/2016 (P.M. News) - The prices of locally produced palm oil and ground-nut oil have jumped less than eleven days to Christmas.
Yee Lee Eyes Opportunities After Oil Subsidy Removal
19/12/2016 (The Edge) - Putrajaya’s recent move to remove subsidies for palm-based cooking oil has been seen as a catalyst for Yee Lee Corp Bhd, which produces the “Red Eagle†brand of cooking oil, as the move also removes production quota on existing manufacturers, while giving rise to “more reasonable profit marginâ€.
Crude Palm Oil Weekly Report – December 17, 2016
19/12/2016 (Borneo Post) - Malaysian palm oil futures held near their strongest level in four and a half years at 3,158, supported by weaker ringgit and tight supplies while gains were capped by profit taking. Crude palm oil futures (FCPO) benchmark March 2016 contract settled at 3,161 on Friday, drop 113 points or 3.7 per cent from 3,048 last Friday.
VEGOILS-Market Factors to Watch Dec 16
16/12/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
