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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
VEGOILS-Market Factors to Watch July 21
21/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Crude Palm Oil Futures Climb 1.03 pc on Spot Demand
21/07/2016 (Business Standard) - Tracking a firm global trend, crude palm oil prices were up by 1.03 per cent to Rs 506.10 per 10 kg in futures trade today as traders created fresh positions supported by pickup in demand in the spot market.
Nana Addo to Replicate Malaysian Experience in Ghana
21/07/2016 (GhanaWeb) - In his quest to replicate in Ghana the successes that Malaysia has chalked in the production of Palm oil, which had helped transformed its economy, Nana Addo Dankwa Akufo-Addo, 2016 flagbearer of the New Patriotic Party, intends to set up a Palm Oil Processing factory at Fomena in the Adanse-Fomena constituency, when elected president in November.
Groundnut Oil Rises on Upsurge in Demand, Tight Supply
21/07/2016 (Business Standard) - In restricted activity, groundnut oil prices rose by Rs 200 per quintal at the wholesale oils and oilseeds market today on increased demand from retailers against restricted arrivals from producing regions.
Govt Advised to Save $2.5bn Through Intervention in Edible Oil Sector
21/07/2016 (APP) - The Islamabad Chamber of Small Traders (ICST) advised the government to promote edible oil sector through intervention which will help Pakistan save 2.5 billion dollars annually.
Indian Soybeans Slip on Steady Sowing Process
21/07/2016 (Reuters) - Indian soybean futures slipped on Wednesday as market sentiment remained subdued on steady sowing of the oilseed, while rapeseed edged up on the rising demand for edible oil.
MCX Crude Palm Oil Resumes Its Uptrend
21/07/2016 (Hindu Business Line) - Crude Palm Oil (CPO) futures contract traded on the Multi Commodity Exchange (MCX) has been in the limelight over the past six trading sessions.
VEGOILS-Market Factors to Watch July 20
20/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Crude Palm Oil Down 0.3% on Low Demand
20/07/2016 (Business Standard) - Crude palm oil prices eased 0.26% to Rs 508.50 per 10 kg in futures trade today as traders indulged in trimming positions, tracking a weak trend at spot market on muted demand.
