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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
Najib's Short Working Visit To Indonesia Made Long-term Impact
13/10/2015 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak's short working visit to Jakarta yesterday has made a long-term impact in bilateral relations between Malaysia and Indonesia.
Bullish Signals Hold Edible Oils Firm
13/10/2015 (Hindu Business Line) - Edible oils market ruled firm tracking rebound in futures, higher spot demand amid less-than-expected new crop arrivals. On the BCE, indigenous groundnut and rapeseed oil jumped by ₹20 and ₹25 for 10 kg each. Higher closing of Malaysian palm oil futures lifted imported palmolein and soya oil by ₹4 and ₹1 each. Sunflower and cotton oil ruled steady. Vikram Global Commodities quoted Malaysian super palmolein ₹535. Liberty was quoting palmolein at ₹498, super palmolein ₹528 and soyabean refined oil ₹607. Ruchi’s rates: palmolein ₹495, soyabean refined oil ₹600 and sunflower refined oil ₹765. Allana traded palmolein ₹495, super palmolein ₹530, soya refined oil ₹600 and sunflower oil ₹765.
Palm Oil to Test Support, Rise
13/10/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday, but pared all gains made during the day as the government data showed stockpiles at a record high.
Groundnut, Refined Soya Oils Decline on Low Demand
13/10/2015 (Business Standard) - Groundnut and soyabean refined mill delivery oils weakened at the wholesale oils and oilseeds market in the national capital today owing to slowdown in buying by millers as well as retailers and prices fell by up to Rs 30 per quintal.
Chinese Firms Buy, Lease Far Less African Farmland Than Thought-book
13/10/2015 (Reuters) - Contrary to reports that Chinese firms were buying or leasing millions of hectares of prime African farmland, Chinese investors have acquired only about 240,000 hectares, according to a book published on Monday.
Mid-to-long-term CPO Price Outlook Improving — Analysts
12/10/2015 (Borneo Post) - The mid-to-long-term crude palm oil (CPO) price has been viewed as improving as on-going droughts and less fertilisation activity will likely lead to the decline in production early next year and subsequently, the decline of supply.
Najib To Visit Indonesia On Oct 11-12
12/10/2015 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak will make a two-day working visit to Indonesia from Sunday.
Calibrate Policies To Support Growth, Palm Oil Industry Policy Makers Urged
12/10/2015 (Bernama) - Palm oil industry policy makers must calibrate policies to support growth in the near term and must implement fundamental changes to achieve healthy growth in the medium and long term, said Malaysian Palm Oil Board (MPOB) Economics and Industry Development Division Director, Balu Nambiappan.
Haze Helps Crude Palm Oil
12/10/2015 (Hindu Business Line) - Crude palm oil prices have risen sharply after tumbling to a six-year low in the last week of August. Prices shooting up about 16 per cent in just six weeks have taken everyone by surprise.
