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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
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
Indonesia Nov Palm oil Output Falls 7Pc From Oct
17/12/2015 (Reuters) - Indonesia's crude palm oil (CPO) output slipped 7 percent in November from the previous month, a Reuters survey showed, as the main harvest season ended and monsoon weather arrived in key growing areas.
Boosting Nigeria’s Economy Through Agriculture
17/12/2015 (The Guardian) - As global oil prices continue to fall sharply over the past 18 months, Nigerians, for an economy that is largely dependent on oil needs not be told that tough times beckons. Thus we must recognise the urgency and severity of the matter. As a matter of fact, all efforts must be geared and directed towards the ‘rejected stone,’ which must now become the chief corner stone as a means to set the nation’s economy on a path of rebirth and recovery.
Palm Oil Sector The One to Watch for Indicators for El Niño and Oilseeds in 2016
17/12/2015 (UkrAgroConsult) - Oilseed price levels are at a six-year low and soybean prices are down more than 52 percent from their 2012 peak. Will the decline continue? What impact will El Niño have on major origins of oilseeds and feed grains? Keynote speaker David Hightower will address these issues and more at the Oilseed Congress Europe/MENA in Barcelona, Spain, 9-10 February 2016, at the Hilton Barcelona.
Challenges Persist For Edible Oil Industry to Reduce Imports
17/12/2015 (Mint Market Info) - Indian edible oil industry is the world’s fourth-largest industry after the USA, China and Brazil and accounts for around 9% of the world’s oil seed production. It is highly fragmented with extreme variation in the consumption pattern of Indian consumers of edible oil.
VEGOILS-Market Factors to Watch Dec 16
16/12/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
MPOB: Malaysia Wants To Make Egypt The Distribution Hub For Palm Oil
16/12/2015 (Bernama) - Malaysia intends to make Egypt as the distribution hub for palm oil within 10 years, as the country is a strategic market that has access to West Asian and African regions, says Malaysian Palm Oil Board (MPOB) Chairman, Datuk Wan Mohammad Khair-il Anuar Wan Ahmad.
Rotterdam Vegetable Oil Prices
16/12/2015 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1700 GMT.
FGV Inks MoU To Produce Biodegradable Plastics From Palm Oil Biomass Waste
16/12/2015 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) today signed a memorandum of understanding (MOU) with Newlight Technologies LLC and Innogas Technologies Sdn Bhd to produce biodegradable plastics from palm oil biomass wastes in Malaysia.
CPO to Gain From Weak Ringgit
16/12/2015 (The Star) - Crude palm oil (CPO) prices are expected to benefit from the weak ringgit and surge above RM2,500 per tonne in the first quarter of 2016, says MIDF Research.