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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
Palm falls on weak rival oils, crude oil prices, April demand concerns
Palm Oil to Test Resistance, Dip
18/10/2016 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday supported by the increase in soya oil prices and a weaker ringgit.
Spot Demand Lifts Crude Palm Oil Futures By 1.35%
18/10/2016 (Business Standard) - Crude palm oil prices moved up by 1.35 per cent to Rs 517.90 per 10 kg in futures trading today as participants built up positions, tracking a firm trend at spot market on pick up in demand.
Rural Banks Urged to Fund Cash-Crop Cultivation
18/10/2016 (GhanaWeb) - Dr. Ahmed Yakubu Alhassan, Deputy Minister of Food and Agriculture has urged the rural banks to release start-up funding for the country’s youth to enable them venture into the production of oil palm on a large scale as the commodity holds great potential for economic growth.
Palm Kernel Shipment Banned From NZ
18/10/2016 (Radio New Zealand) - A shipment of palm kernel which has been anchored off Tauranga for over a month will not be allowed to enter New Zealand, the Ministry for Primary Industries (MPI) has decided.
Activists Howl at Palm Oil Bill
18/10/2016 (Jakarta Post) - With Indonesia facing land and forest fires every year that are mostly man-made disasters that have degraded the health of its citizens as well as that of its neighbors, the government has vowed to improve the sustainability of its agroforestry sector, particularly the palm oil industry.
Palmolein Oil up on Retailers Demand
18/10/2016 (Business Standard) - Palmolein oil prices strengthened by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today due to pick up in retailers' demand.
GRAINS-Soybeans Climb 1 Percent, Led By Global Vegetable Oils
18/10/2016 (Reuters) - Front-month U.S. soybean futures rose about 1 percent on Monday, hitting a three-week high on export demand and renewed strength in global vegetable oil markets, analysts said.
Shipping Activity At Port Qasim
18/10/2016 (Associated Press of Pakistan) - Four ships C.V HS Wagner, C.V MSC Busan, M.V Thorco Aurora and M.T Gemini Gas carrying containers, project cargo and LPG were allotted berths at Qasim International Container Terminal, Multi Purpose Terminal and Engro Vopak Terminal respectively on Sunday.
