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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
US-IRAN ESCALATION KEEPS OILPRICES FIRM, LIFTS PALM OIL OUTLOOK—MPOC
Ringgit Falls as Commodities Drop Cuts Export Earnings Outlook
24/07/2015 (Bloomberg) - The ringgit fell the most in more than two weeks as a decline in commodity prices erodes the outlook for Malaysia’s export earnings.
Indian Soybean Futures Hit Over 7-mth Low on Sluggish Soymeal Export Demand
24/07/2015 (Reuters) - Indian soybean futures fell for a fourth straight session on Thursday to hit their lowest in more than seven months on sluggish export demand for soymeal and as rainfall in key growing areas boosted expectations of a bumper crop.
Averting Palm Oil Devastation in Latin America
24/07/2015 (GreenBiz) - What do soap, Ben & Jerry’s and Kit Kat bars have in common? They all contain palm oil — produced by the oil palm tree.
Palm Oil Can be the Next ‘Gold’ for Ghana
24/07/2015 (GhanaWeb) - The Head of Corporate Affairs, Unilever Ghana, Mr. Gabriel Opoku-Asare, has described the palm oil sub-sector as the next “gold†sector for the country if all key stakeholders collaborate to grow the sub-sector to meet the increasing global demand for sustainable palm oil.
Cooking Oil Catching the Eye
24/07/2015 (VietNamNet Bridge) - On June 26 the Kinh Do Corporation held its annual general meeting, in which it announced a change of name to Kido and also signed a memorandum of understanding with Felda Global Ventures (FGV) - one of the largest corporations in cultivating and producing palm oil. The confectioner is now planning to build a joint venture in the cooking oil industry.
VEGOILS-Market Factors to Watch July 23
23/07/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Activities at Karachi and Qasim Ports
23/07/2015 (Reuters) - The Karachi Port handled 247,353 tonnes of cargo comprising 214,283 tonnes of import cargo and 33,070 tonnes of export cargo including 5,383 loaded and empty containers during the last 48 hours ending at 0700 hours on Wednesday. The total import cargo of 214,283 tonnes comprised of 87,063 tonnes of containerised cargo; 25,328 tonnes of general cargo; 85,264 tonnes of bulk cargo: 81,485 tonnes of coal; 3,779 tonnes of SB meal and 16,628 tonnes of oil/liquid cargo.
Campaign Group Accuses Liberia Palm Oil Firm of Exploiting Ebola Crisis
23/07/2015 (Reuters) - Anti-corruption campaign group Global Witness on Thursday accused palm oil company Golden Veroleum of taking advantage of the Ebola epidemic in Liberia to double the size of its plantation.
23/07/2015 (Bloomberg) - The ringgit fell the most in more than two weeks as a decline in commodity prices erodes the outlook for Malaysia’s export earnings.