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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
Crude Palm Oil Futures Extend Losses, Down 0.59 on Low Demand
07/10/2016 (Business Standard) - Continuing its losing streak for the third straight day, crude palm oil fell 0.59 per cent to Rs 505.60 per 10 kg in futures market today as traders engaged in reducing their positions, tracking a weak trend at the spot market on sluggish demand.
Ruchi Soya Signs MoU with Arunachal Govt to Grow Oil Palm on 25,000 Hectares
07/10/2016 (Hindu Business Line) - Ruchi Soya Industries, an agriculture and food FMCG company, has signed a memorandum of understanding with the Arunachal Pradesh government to boost palm oil production through development of quality palm plantations and human capacity building.
CPO Stock Depleting over High Exports Demand
07/10/2016 (Tempo.co) - Indonesia's CPO stock continues to decline despite increasing production. This is because of an increasing demand from the global market, especially from China, the European Union, and the United States continues to rise.
Groundnut Oil Recovers on Retailers Buying
07/10/2016 (Business Standard) - Groundnut oil prices rebounded by Rs 200 per quintal at the wholesale oils and oilseeds market today following pick-up in demand from retailers.
Indonesia`s Palm Oil Exports Hit 2.23mn Tons in August
07/10/2016 (Tempo.co) - Indonesia’s palm oil exports reached 2.23 million tons in August, a significant improvement relative to July, according to the data from Indonesian Palm Oil Association (GAPKI).
CORRECTED-PREVIEW-Malaysia Palm Oil Stocks Likely to Grow as Exports Decline
07/10/2016 (Reuters) - Malaysia's palm oil stockpiles likely grew in September from a near six-year low the previous month, expanding on rising production and a drop in demand for exports.
Mosti Aims to Increase Commercialisation of Locally Made Products to 15%
07/10/2016 (The Sun) - The Science, Technology and Innovation Ministry (Mosti) aims to increase the commercialisation of locally-made products to 15% by 2020.
VEGOILS-Market Factors to Watch Oct 7
07/10/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
07/10/2016 (Reuters) - The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:
