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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
Middle East conflict boosts demand for alternative fuels
Malaysia raises palm oil export duty for April
Canadian Canola Futures Rise
12/07/2016 (Reuters) - ICE Canadian canola futures rose on Friday, bouncing back from a four-day losing streak in tandem with a sharp rebound in US soybean futures, traders said. Some crusher buying added to the strength in canola futures. Gains were kept in check by good crop conditions and fund selling. November canola settled $7.70 higher at $470.00 per tonne.
Palm Oil Drive Under Review in Tanintharyi
12/07/2016 (Myanmar Times) - A 30-year plan launched in 1999 to turn the region into Myanmar’s “oil bowl†has run into problems, Tanintharyi Region’s Agriculture, Livestock and Irrigation Minister U Myint San told The Myanmar Times.
Shipping Activity At Port Qasim
12/07/2016 (APP) - M.T Bunga Aster carrying 21.000 tonnes palm oil was allotted berth at Liquid Cargo Terminal on Sunday, 10th.
Palm Oil Edges Higher But Lower June Export Expectations Cap Gains
12/07/2016 (Reuters) - Malaysian palm oil futures edged up on Monday after touching their lowest level in nine months earlier in the session but gains were capped as sentiment remained weak on expectations of lower exports in June.
Indonesia's Top Diesel Buyer Says Biofuel Rule Unworkable
12/07/2016 (Reuters) - Indonesian state power firm PLN says it cannot comply with government rules on burning diesel with a bio content of at least 30 percent as it would damage generators, potentially curbing demand for biofuel ingredient palm oil in the world's top producer of that commodity.
VEGOILS-Market Factors to Watch July 11
11/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
11/07/2016 (Reuters) - The following were Friday's Rotterdam vegetable oil prices at 1600 GMT:
Ukraine Increased Palm Oil Imports By 22% This Season
11/07/2016 (UkrAgroConsult) - In May 2016 Ukraine imported 11.8 KMT of palm oil against 7.7 KMT in May 2015. Slight reduction in this product imports was observed for the second consecutive month. In April 2016 Ukraine imported 14 KMT, and in March - 15.8 KMT.
B10 Biodiesel to be Sold Alongside Euro 5 B7 Blend
11/07/2016 (Paul Tan's Automotive News) - The government will push ahead with the B10 biodiesel plan despite concerns on suitability, but consumers will get a choice. This follows the hasty introduction of the 10% palm oil blend last month, and subsequent postponement after carmakers voiced their concerns.
