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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
Ruchi Soya Inks MOU With Arunachal Pradesh Government
11/10/2016 (Business Standard) - Ruchi Soya Industries Ltd., India's leading Agri and Food FMCG company recently signed a memorandum of understanding (MOU) with the Government of Arunachal Pradesh to boost palm oil production through development of quality palm plantations and human capacity building.
Shipping Activity At Port Qasim
11/10/2016 (Associated Press of Pakistan) - Shipping activity remained active at the port four ships C.V MSC Rachele, C.V HS Chopin and M.V Sea Merchant and M.V Da Yu Xia scheduled to load/offload Containers, Cement and Project cargo were arranged berthing at Qasim International Container Terminal and Multi Purpose Terminal respectively on Sunday, 9th October-2016. Meanwhile five more ships with containers, Palm oil, Furnace oil, Diesel oil and LPG also arrived anchorage of Port Qasim during last 24 hours.
Cameroon’s CDC Plans to Help Boost Nation’s Palm-Oil Output 65%
11/10/2016 (Bloomberg) - Cameroon’s top state-owned agribusiness plans to help boost palm-oil output in Africa’s third-largest producer by about 65 percent by 2020.
Palmolein Oil Eases on Muted Demand
11/10/2016 (Business Standard) - Palmolein oil prices declined by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today owing to slackened demand from retailers.
Muted Demand Drags Down Crude Palm Oil Futures By 0.66%
11/10/2016 (Business Standard) - Crude palm oil prices fell 0.66 per cent to Rs 494.50 per 10 kg in futures trade on Monday as participants trimmed their exposure, tracking easing demand in the spot market against sufficient stocks position.
Surge in Demand Steadies Soy Oil
11/10/2016 (The Australian) - Indians are acquiring a strong taste for soybean oil thanks to lower prices, fuelling a surge in imports at a helpful time for a glutted global market.
Palm Oil Cultivation Bears Fruits,Rekindles Hope For Import Cut
10/11/2016 (The News International) - The palm oil cultivation on experimental basis along the coastal belt of Sindh last year have started to bear fruits, rekindling hope for a cut in the import bills of edible oil after the crop’s commercial production.
VEGOILS-Market Factors to Watch Oct 10
10/10/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
10/10/2016 (Reuters) - The following were Friday's Rotterdam vegetable oil prices at 1600 GMT:
