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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
Government Aims to More Than Double Exports to Turkey
24/03/2015 (Jakarta Post) - The country plans to boost exports to Turkey by more than double within the next four years by facilitating Turkish businesses as well as promoting domestic products.
Indonesia Plans Palm Oil Export Levy to Fund Subsidy for Biofuel
24/03/2015 (Bloomberg) - Indonesia, the world’s largest palm oil producer, plans to impose export levies to fund biodiesel subsidies, replanting and research and development.
Sarawak’s Plantation Sector Poised for Acerage Growth
24/03/2015 (Borneo Post) - The state’s plantation sector is poised for growth as Affin Hwang Investment Bank Bhd (Affin Hwang Capital) believes Sarawak can increase its oil palm planted area to two million hectares (ha) through the Sarawak Corridor of Renewable Energy (SCORE).
New Formula Rolled Out to Lower Biodiesel Price
24/03/2015 (Jakarta Post) - In a move to support a rise in the proportion of biofuel that must be added to diesel, the Energy and Mineral Resources Ministry has introduced a new formula aiming to lower the price of the mixed substance purchased by distributors.
India’s Vegoil Imports up 23 Per Cent During Nov 2014 to Feb 2015
24/03/2015 (UkrAgroConsult) - India’s vegetable oil imports (edible & non-edible) have recorded an increase of 23 per cent at 4.29 million tonnes during November 2014 to February 2015.
Palmolein, Soyabean Oils Rise on Demand From Retailers
24/03/2015 (Business Standard) - Palmolein and soyabean oil prices rose by Rs 50 per quintal at the wholesale oils and oilseeds market following pick-up in demand from vanaspati millers and retailers.
Rotterdam Vegetable Oil Prices
24/03/2015 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.
Indonesia Offers CPO, Rubber to Japanese Investors
24/03/2015 (ANTARA News) - Indonesia has offered crude palm oil, rubber, and seaweed to Japanese investors grouped in Japan External Trade Organization (Jetro) for investment expansion and promotion.
Palm Oil to Test Supports, Rise
24/03/2015 (Hindu Business Line) - Crude palm oil futures on Bursa Malaysia Derivatives ended slightly higher on Monday, as Indonesia’s plan to impose levies on crude palm exports triggered hasty buying. Indonesian officials are preparing new rules for a charge of $50 on every tonne of crude palm oil (CPO) shipped at a zero export tax rate, with the funds going to help pay for bio-diesel subsidies announced in recent weeks. Though the move could be considered negative in the short-term, it could help the industry from the current supply glut.
