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MARKET DEVELOPMENT
13-07-2016

CPO Prices to Rebound in 4Q Due to La Nina, Says Kenanga Research

13/07/2016 (The Star) - Kenanga Research has maintained its forecasted crude palm oil (CPO) average price of RM2,400 per metric tonnes (mt) with a rebound in prices expected later this year due to the La Nina phenomenon.

MARKET DEVELOPMENT
13-07-2016

Higher CPO Stockpile Already Priced in By the Market, Says Maybank IB Research

13/07/2016 (The Star) - Higher crude palm oil (CPO) stockpiles in June due to weak demand has already been reflected in the recent price decline as the commodity slumped to a ten-month low, said Maybank IB Research.

MARKET DEVELOPMENT
13-07-2016

Shipping Activity at Port Qasim

13/07/2016 (APP) - Five ships C.V Casrto-N, C.V MSC Lucy, C.V Al-Manama, C.V ER Vancouver and M.T Atlantic Glory carrying Containers and Chemicals were arranged berthing at Qasim International Container Terminal and Engro Vopak Terminal respectively on Monday, 11th July-2016. In the meantime four more ships M.T Lion-M, M.T White Purl, M.T Globe Tanya and M.V Orhant with containers, furnace oil, LGP and clinker also got anchored at outer anchorage of Port Qasim.

MARKET DEVELOPMENT
13-07-2016

Crude Palm Oil Falls By 0.8% on Sluggish Demand

13/07/2016 (Business Standard) - Crude palm oil prices fell 0.82% to Rs 483.10 per 10 kg in futures trade today as traders trimmed their positions, tracking a weak trend at spot market on sluggish demand.

MARKET DEVELOPMENT
13-07-2016

Indian Soybeans Gain on Short-covering

13/07/2016 (Reuters) - Indian soybean futures rose on Tuesday on short-covering, while rapeseed fell on profit-booking.

MARKET DEVELOPMENT
13-07-2016

Colombian Environmental Authority Forces Palm Oil Company to Suspend Operations

13/07/2016 (Finance Colombia) - A Colombian environmental authority has forced palm oil company Poligrow Colombia to suspend various operations due to alleged infractions that include wastewater dumping and letting compost runoff leach into the local forest. The department of Meta governmental organization CORMACARENA has claimed that the company has committed a litany of violations and demanded that they stop as a sanctioning process begins.

MARKET DEVELOPMENT
12-07-2016

VEGOILS-Market Factors to Watch July 12

12/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT
12-07-2016

Palm Oil Imports Down 3.04Pc in 11 Months

12/07/2016 (The News International) - Palm oil import, during the eleven months of financial year 2015-16, reduced by 3.04 percent as compared to the corresponding period of last year.

MARKET DEVELOPMENT
12-07-2016

Sierra Leone News: TomCO Energy Set Take on Sierra Leone Palm Oil Project

12/07/2016 (Awoko) - TomCo Energy PLC has said it has completed due diligence on a new palm oil milling project in Sierra Leone and will push ahead with the expansion into the new segment for the company.

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