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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 Heads Say Better Communication Strategies Key to Industry's Growth
14/10/2016 (News Straits Times) - Plantation companies’ personnel need to be better familiarised with communication strategies and skills, as the industry and Malaysia embrace a knowledge-based economy.
Crude Palm Oil Futures Down 0.38% on Profit-booking
14/10/2016 (Business Standard) - Crude palm oil prices fell 0.38 per cent to Rs 495 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.
Oil Palm Yields Likely to Normalise in 2018, Says Industry Expert
14/10/2016 (Bernama) - The oil palm industry needs to wait until 2018 to see yields normalising after being badly impacted by prolonged drought due to the El Nino phenomenon.
DekelOil on Target to Hit 2016 Production Target
14/10/2016 (Proactive Investors UK) - DekelOil Public Limited (LON:DKL) has released a production and sales update for its West African palm oil operation, where the harvest has been shorter this year.
VEGOILS-Market Factors to Watch Oct 13
13/10/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
VEGOILS-Palm Rises to Near 2-wk High on Softer Ringgit, Lower Output
13/10/2016 (Reuters) - Malaysian palm oil futures rose to their highest in nearly two weeks on Wednesday, buoyed by a weaker ringgit and expectations of a drop in production.
MPOC Appeals for Review of Windfall Profit Levy on Oil Palm Planters
13/10/2016 (Bernama) - The Malaysian Palm Oil Council (MPOC) will appeal to the government to review the windfall profit levy which is extremely burdensome to oil palm planters.
Palm Oil Production Likely to Drop 5-8 Pct This Year on El Nino
13/10/2016 (Bernama) - Malaysian palm oil production is expected to drop by between five per cent and eight per cent this year due to the prolonged El Nino drought, said Malaysian Palm Oil Council (MPOC) chairman Datuk Lee Yeow Chor.
FG To Distribute 900m Palm Seedlings To Farmers
13/10/2016 (Leadership) - The Federal Government through the Minister of Agriculture and Rural Development,Chief Audu Ogbeh has said the Ministry is to distribute 900 million high yielding seedlings to farmers to boost palm oil production in the country.