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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Vegetable Oil Imports Down 24% in July
15/08/2016 (Business Standard) - The country's vegetable oil imports fell 24 per cent in July to 1.14 million tonnes (mt) due to under utilisation of capacity by the domestic refining sector, according to industry data.
Palm Oil Buyers Hold off Mending Ties with Malaysia Plantation Giant
15/08/2016 (Reuters) - Leading global buyers of palm oil are holding off on mending business ties with Malaysian plantation giant IOI Group despite an industry watchdog's decision to reinstate the producer's green certification.
EU to Help PNG Boost Investment
15/08/2016 (One Papua New Guinea) - The European Union is willing to assist PNG Customs in streamlining its procedures to boost investments and creating job opportunities for the country. European Union Chargé d’affaires Maria-Cruz Cristóbal made the following remark during a recent workshop adding that the objective is to ensure that free market access is maintained to help “Made in PNG†products to continue to have a lucrative market in the EU to create more jobs and income in PNG.
VEGOILS-Market Factors to Watch Aug 12
12/08/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
VEGOILS-Palm Oil Declines on Weaker Rival Oils, Market Correction
12/08/2016 (Reuters) - Malaysian palm oil futures snapped a three-day rally on Thursday evening, falling from a near two-month high reached in the previous session and tracking weaker rival oils.
Rotterdam Vegetable Oil Prices
12/08/2016 (Reuters) - The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:
Sustainable Palm Oil Not a Pipe Dream: Ministry
12/08/2016 (Jakarta Globe) - As the world’s largest producer of palm oil, the spotlight will almost always fall on Indonesia whenever a controversy arises in the industry.
India Palm Oil Imports Seen Falling Third Month
12/08/2016 (Bloomberg) - Palm oil imports by India probably fell for a third month in July as some buyers switched to soybean oil.
Malaysia Will Continue To Meet China's Demand For High-quality Edible Oils
12/08/2016 (Bernama) - Malaysia, a major palm oil supplier to China, will continue to offer high standard edible oil which will cater to the Chinese needs, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.
