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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
Selling Pressure Drags Edible Oils
25/08/2015 (Hindu Business Line) - A sharp decline was seen in palmolein tracking weak closing of the Bursa Malaysia palm oil futures. On the Bombay Commodity Exchange, palmolein declined by ₹8/10 kg as local refineries slashed their rates.
Cameroon Bans Cheaper Imported Vegetable Oil
25/08/2015 (Voice of America) - Cameroon says it is banning and destroying cheap vegetable oil imported from Indonesia and Malaysia to protect its home industries. The central African nation says thousands of workers may lose their jobs if the country continues to import cheaper vegetable oil.
‘Ghana Needs to Double Palm Oil Output in Next 10-15Yrs'
25/08/2015 (GhanaWeb) - The President of the Oil Palm Development Association of Ghana (OPDAG), Mr. Samuel Awonnea Avaala says the country needs to double its palm oil output in the next 10-15 years to become self-sufficient and save foreign exchange that could otherwise go into palm oil importation.
FGV 1H Pre-Tax Profit Falls To RM263.14 Million
25/08/2015 (Bernama) - Felda Global Ventures Holdings Bhd's (FGV) pre-tax profit for the first half (1H) ended June 30, 2015 declined to RM263.14 million from RM620.97 million in the same period last year.
VEGOILS-Market Factors to Watch August 24
24/08/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Vietnam's Edible Oil Market Holds Much Promise
24/08/2015 (VietNamNet Bridge) - Recently, however, on trips to the supermarket, she’s noticed a lot of other cooking oil brands at cheaper prices.
Refined Palmoil Declines in Listless Trade
24/08/2015 (Business Standard) - Refined palmoil declined further in an otherwise listless Vashi oils and oilseeds wholesale market here today due to lower offtake from stockists and retailers.
Tough Times for Palm Planters
24/08/2015 (The Star) - A bumpy ride ahead is envisaged for plantation companies as their earnings are expected to be dragged down by weaker average crude palm oil (CPO) selling prices.
Dry Spell Affects Palm
24/08/2015 (Solomon Star) - Newly re-planted palm oil at the Guadalcanal Plains Palm Oil Limited (GPPOL) in North Guadalcanal area are being reportedly dying due to lack of rain.
