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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
Pelindo I, Port of Rotterdam Ink Deal
20/10/2014 (Jakarta Post) - State-owned port operator PT Pelabuhan Indonesia I (Pelindo I) is set to cooperate with Port of Rotterdam, the largest port in Europe, to develop the much-anticipated Kuala Tanjung Port in North Sumatra.
HK, Macau Announce Import Ban on Taiwan’s Edible Oil
20/10/2014 (Macau Business Daily) - On Wednesday and Thursday, the food safety authorities of Hong Kong and Macau announced a ban on importing edible oil produced in Taiwan, following information released by Taiwanese authorities that some oil traders had failed to meet the requirements of Customs declaration, where imported butter, coconut oil and palm kernel oil were declared for industrial use and not registered for inspection.
Port Qasim's Activities
20/10/2014 (Business Recorder) - A cargo volume of 109,941 tonnes comprising 70,239 tonnes of import cargo and 39,702 tonnes of export cargo inclusive 1,539 loaded and empty containers (TEUs) was handled at Port Qasim during the last 24 hours on Saturday. The total import cargo of 70,239 tonnes includes 31,404 tonnes of furnace oil; 9,700 tonnes of palm oil; 3,956 tonnes of chemicals; 16,000 tonnes of rape seed and 9,179 tonnes of containerised cargo.
VEGOILS-Palm Snaps Two-day Decline as Traders Bet on Coming Week
18/10/2014 (Reuters) - Malaysian palm oil rose on Friday, as traders snapped up deals after a two-day selloff and bet on improving fundamentals over the weekend, but gains were limited as some investors waited for clearer direction.
Mixed Trend in Edible Oils
18/10/2014 (Hindu Business Line) - Spot edible oils market ruled mixed on Friday, tracking thin volatility in domestic futures and rebound in crude palm oil prices in Malaysia. On the Bombay Commodity Exchange, indigenous oils rose by ₹5 and ₹2 for 10 kg each. Rapeseed oil lost ₹3.
Rotterdam Vegetable Oil Prices
18/10/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1600 GMT.
Trade Association Urges for Switch From Lard Oil Over to Vegetable Oil
18/10/2014 (China Post) - Vegetable oil makers yesterday advised the public to adopt their products in place of lard oil and consume more home-cooked meals while the nation weathers the current food safety crisis.
Sabah Oil Palm Industry Players Urged To Commit To Continuous Conservation Efforts
18/10/2014 (Bernama) - Sabah's oil palm industry players need to commit to continuous improvements in environmental management and conservation efforts.
Govt Revises RI's Export Target to $184.3B This Year
18/10/2014 (Jakarta Post) - The government is revising its export target for the 2014 fiscal year down from US$190 billion to $184.3 billion.