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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 Enters Bull Market as Soybeans Rally, Biofuels Drive Demand
04/11/2014 (Bloomberg) - Palm oil entered a bull market on expectations that an increase in the biodiesel mandate in Malaysia and the biggest monthly rally in soybeans since 2012 would boost demand for the world’s most used cooking oil.
VEGOILS-Market Factors to Watch Nov 4
04/11/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Palm Oil to Test Resistance, Slip
04/11/2014 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended higher on Monday as the currency weakened pushing prices to four-month highs.
Low Prices will Hamper Demand for Biodiesel
04/11/2014 (Daily Express) - Hong Leong Investment Bank (HLIB) Research opined that the planned B7 Biodiesel programme is not expected to boost crude palm oil (CPO) price significantly mainly due to CPO's narrow discount against soy oil and the economic viability of voluntary biodiesel demand given the current low crude oil price.
Indonesia’s 2015 Palm Output to Rise 7%; Exports to Drop on Biodiesel Demand
04/11/2014 (Jakarta Globe) - Indonesian palm oil output will climb 7 percent next year as trees mature, the chairman of an industry body in the world’s top producer said, although exports will dip as domestic biodiesel demand rises.
B7 Biodiesel Available Next Month
04/11/2014 (Borneo Post) - The B7 Biodiesel Programme for the transport sector will be implemented in Sarawak and Sabah next month.
13 More Biogas Plants To Be Commissioned
04/11/2014 (The Star) - Malaysia’s efforts to reduce the carbon footprint of palm oil production will be bolstered when 13 more biogas plants currently being built are commissioned.
PZ-Wilmar $650M Oil Palm JV to Create 250,000 Jobs
04/11/2014 (BusinessDay) - PZ-Wilmar joint venture (JV) project in oil palm business worth $650 million, which had acquired 26,000 hectares of oil palm plantations in Cross River State, is asking the Federal Government to propose a backward integration policy in palm oil sector, as it did in cement and sugar where the country’s annual production has jumped tremendously.
Micaline to Use New Tanker
04/11/2014 (The Star) - Micaline Sdn Bhd, a 55:45 joint venture between Danum Shipping Sdn Bhd and Sarawak Oil Palms Bhd (SOP), will deploy its fourth chemical tanker to transport crude palm oil (CPO) between Malaysia and China early next year.
