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Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Crude Palm Oil Decline By 0.7% on Profit-booking
01/03/2016 (Business Standard) - Crude palm oil prices declined by 0.70% to Rs 484.70 per 10 kg in futures trading today as participants booked profits, driven by easing demand in the spot market against adequate stocks.
Edible Oils Rules Steady
01/03/2016 (Hindu Business Line) - Edible oils rule steady to weak . ON BCE baring palmolein and groundnut oil which rose by ₹10 and ₹3 each all other edible oils were unchanged. Soya oil futures on NCDEX decline over ₹3-4 on renew selling pressure. In physical market during the hardly 200-250 tonnes of palmolein resold at ₹525. Liberty was quoting Palmolein Ex Ghatkopar ₹538 and Ex Shapur ₹539 for 15 March. Super Palmolein ex JNPT ₹557 and ex Shapur ₹559 for 15 March. Soyabean refined oil ex Shapur ₹615 for 15 March. Ruchi was quoting Palmolein ex Patalganga and Ex JNPT at ₹530 for 10 March and ₹532 for 11-15 March and ₹535 for 16-31 March. Soyabean refined oil ₹611 for 31 March. Sunflower refined oil ₹765 for 10 March.
Palmolein Up By Rs 50 on Retailers Demand
01/03/2016 (Business Standard) - In a restricted activity, palmolein oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered buying by retailers.
Beluran Gets Half MPOB Quota
01/03/2016 (Daily Express) - Sabah has been allocated a total of 1,500 hectares of land under the Oil Palm New Plantation and Re-Plantation Schemes for Small Holders (TBSPK) and smallholders with 17 acres of land or less will be eligible to apply for them.
Oil Palm Farmers Advised To Accept Alternative Livelihood Programme
01/03/2016 (News Ghana) - Mr. Abdul Razaque Ziblim Salifu, the Western Regional Director of the Ministry of Food and Agriculture (MOFA), has advised oil palm farmers to embrace alternative livelihood programmes so as to diversify their sources of revenues.
Palm Oil Companies Receive Sustainability Certification
01/03/2016 (Tempo.co) - As many as 149 palm oil companies covering a total of 1.16 million hectares of oil palm plantation has managed to acquire the Indonesian Sustainable Palm Oil (ISPO) certification. The government implemented the ISPO policy in an effort to improve Indonesian CPO's competitiveness in the international market. In addition, ISPO marks Indonesia’s effort to reduce greenhouse gas emission and environmental commitment.
VEGOILS-Market Factors to Watch Feb 29
29/02/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
‘Turning NCR Land Into Oil Palm Plantations Good For Rural Devt’
29/02/2016 (Borneo Post) - Land Development Minister Tan Sri Dr James Masing said his ministry was lobbying for more federal funds to develop Native Customary Rights (NCR) land.
Sabah Aims to Maintain Leadership Position in Biomas-based Sector
29/02/2016 (Borneo Post) - Sabah aims to maintain its leadership position in biomass-based industries in the country with the backing of the federal government, Deputy Chief Minister Datuk Raymond Tan Shu Kiah said.
