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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
Palm Export Tax Waiver Extended by Malaysia to Cut Reserves
22/12/2014 (Bloomberg) - Palm oil exports from Malaysia, the world’s largest producer after Indonesia, will remain duty-free for a sixth month as the government seeks to boost shipments and reduce inventories to support prices.
Nigeria: Zero Duty On Palm Oil Products Threatens Local Industry - NACCIMA
22/12/2014 (AllAfrica.com) - The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), weekend, called on the Federal Government to reconsider the ECOWAS CET document and revise the tariff on other palm oil products in line with others whose tariff are clearly stated.
Refiner Neste Oil Lifts Profit Outlook on U.S. Tax Credit
22/12/2014 (Reuters) - The Finnish oil refiner Neste Oil has lifted its full-year profit guidance by about 37.5 percent on the back of a reinstatement of the renewable fuel tax credit in the United States, favourable business performance and a one-off gain.
Europe Imposes Stricter Standards for RI Products
22/12/2014 (Jakarta Post) - With increasing global demand for socially and environmentally responsible palm oil, Europe has raised the bar again for the industry in Indonesia by introducing a new sustainable standard, activists for the Roundtable for Sustainable Palm Oil (RSPO) standard revealed.
Asian Agri Aims Output at 1M Tons in 2015
22/12/2014 (Jakarta Post) - Palm oil heavyweight Asian Agri (AAG), through its flagship company PT Inti Indosawit Subur, expects crude palm oil (CPO) production to remain at around 1 million tons next year as the company focuses on increasing productivity in existing plantations rather than expanding plantation areas.
VEGOILS-Palm Ends Higher with Monsoon in Focus, but Posts Biggest Weekly Drop in Three
20/12/2014 (Reuters) - Malaysian palm oil futures ended higher on Friday on concerns over monsoon rains hurting output and as crude prices ticked up, but the recovery was not enough to keep palm from its biggest weekly fall in three.
CPO Export Tax Exemption Until Feb 28, 2015: Uggah
20/12/2014 (Bernama) - The government is exempting the 4.5 per cent export tax on crude palm oil (cpo) from Sept 1 this year until Feb 28, 2015 to boost cpo exports and reduce inventories, says Plantation Industries and Commodities Minister Datuk Amar Douglas Uggah Embas.
Oil Palm - A Modeled Crop: Scientists Developed A Model for Oil Palm Cultivation
20/12/2014 (Phys.org) - Australian scientists have developed a model for oil palm cultivation, aimed at helping growers of the crop maximize the yields of their plantations, while minimizing detrimental environmental impacts.
Rotterdam Vegetable Oil Prices
20/12/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1700 GMT.