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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
Malaysian Commodities To Have An Edge Under TPP
16/12/2015 (Bernama) - Malaysian commodities will have an edge over competitors, Indonesia and Thailand, under the Trans-Pacific Partnership Agreement (TPPA), said Minister of Plantations, Industries and Commodities, Datuk Amar Douglas Uggah Embas.
Masing: CPO Production Up By 7.7 per Cent This Year
16/12/2015 (Borneo Post) - The total production of crude palm oil (CPO) for the period of January to October this year increased by about 0.2 million tonnes or 7.7 per cent to 3.08 million tonnes from the 2.9 million tonnes recorded during the corresponding period last year.
Crude Palm Oil Falls By 0.3% on Muted Demand
16/12/2015 (Business Standard) - Crude palm oil prices eased further by 0.30% to Rs 405 per 10 kg in futures trading today as participants engaged in reducing their positions, tracking a weak trend at spot market on sluggish demand.
United Malacca Ventures Into Indonesia with RM287mil Purchase
16/12/2015 (The Star) - United Malacca Bhd (UMB) is venturing into Indonesia and doubling its plantation land at the same time by buying an 83% effective equity stake in PT Lifere Agro Kapuas (LAK) for US$66.4mil (RM286.7mil).
India : FDI in Oil Processing Equipment and Machinery
16/12/2015 (fnbnews.com) - India’s consumption of edible oil has risen to around 17.5 million metric tonne (mmt) in 2012-13 from 11.6 mmt in 2003-04, at compounded annual growth rate (CAGR) of 4.6% during the period under consideration, according to data available from the Solvent Extractors Association of India (SEA).
Vegoils-Market Factors to Watch on Tuesday Dec 15
15/12/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday December 15 2015.
Biotech Corp's JV Firm To Announce Oil-Palm-Based Investment Next Year
15/12/2015 (Bernama) - Malaysian Biotechnology Corporation Sdn Bhd (BiotechCorp) through its joint-venture company, Malaysian Bio-Xcell Sdn Bhd, will announce a new investment based on sources from the oil palm industry in the first quarter of 2016.
Palm Oil to Test Resistance, Dip
15/12/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday, retracing from a two-month high reached in the previous session, as tepid demand for palm and weak crude oil prices capped gains.
Palm Oil Imports Jump By 10% in November: SEA
15/12/2015 (Business Standard) - India's palm oil imports rose by about 10 per cent to 8,73,592 tonnes in November on account of sluggish global prices and zero export duty by Indonesia and Malaysia, industry body Solvent Extractors Association (SEA) said today.
