|
Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia Lowers December Crude Palm Oil Export Tax to 6% – Govt
16/11/2016 (The Edge) - Malaysia, the world’s second-largest palm oil producer after Indonesia, will lower its crude palm oil export tax to 6% in December, down from 6.5% in November, according to a circular on the Malaysian Palm Oil Board website on Tuesday.
Oilseed Prospects Continue to Firm
16/11/2016 (Farm Online) - A string of factors throughout the oilseeds complex is providing strength to Australian canola prices as farmers head into harvest.
India's 2015/16 Vegetable Oil Imports Rise 1 Pct y/y - Trade Body
16/11/2016 (Reuters) - India's vegetable oil imports rose 1 percent on year to 14.74 million tonnes in the marketing year that ended in October, the slowest rate of growth in at least six years, as purchases of palm oil dropped, the Solvent Extractors Association of India (SEA) said in a statement.
VEGOILS-Market Factors to Watch Nov 15
15/11/2016(Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
15/11/2016 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1700 GMT:
VEGOILS-Palm Posts Biggest Fall in Over 4 Months, Tracking Dalian
15/11/2016 (Reuters) - Malaysian palm oil futures fell over 4 percent on Monday to post their biggest intraday drop in over four months, retreating from a four-year high in the previous session as they tracked weaker-performing rival oils on China's Dalian Commodity Exchange.
United Plantations Chief Defends RSPO
15/11/2016 (FeedNavigator.com) - The Roundtable on Sustainable Palm Oil (RSPO) is battling a number of issues, from its own members adding 'palm oil-free labels' on product packaging to calls at an EU level to strengthen its certification criteria. But according to United Plantations chief and RSPO member Carl Bek-Nielsen: "There’s no other broad certification scheme for a sustainable agricultural crop which goes as far as RSPO for palm oil."
Palm Oil Futures Test Support
15/11/2016 (Hindu Business Line) - Malaysian palm oil futures on BMD fell over 4 per cent on Monday to post their biggest intra-day drop in over four months, retreating from a four-year high in the previous session as they tracked weaker-performing rival oils on other exchanges.
Dekeloil Public Beefs up Facilities Ahead of New Palm Oil Season
15/11/2016 (Proactive Investors UK) - DekelOil Public Limited (LON:DKL) will spend around €1mln improving its palm oil facilities in the Ivory Coast ahead of next year’s March - June season.
