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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
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Bintulu Port Posts Higher Earnings, Turnover for 2Q14
27/08/2014 (Borneo Post) - Bintulu Port Holdings Bhd (Bintulu Port) registered higher earnings and turnover for the second quarter of 2014 (2Q14).
Coconut Oil Slips on Poor Demand
27/08/2014 (Hindu Business Line) - The price of coconut oil which was at its in peak, fell on Wednesday. “The sale of coconut oil in Erode, Kangeyam and some other places in the country has fallen due to speculative trade. Many traders expect prices to fall sharply by this weekend. After Onam, prices are expected to fall further,†said Murugavel, a trader. He said that for the past 10 days the coconut oil industry is facing a slash in price.
Branded Edible Oil Producers to Cut Prices
27/08/2014 (Business Standard) - Branded edible oil producers will soon cut prices by at least 10 per cent, passing on a global fall. That includes leading companies such as Cargill India, Adani Wilmer and Ruchi Soya.
Oil World Raises Oilseed Crop Forecast as Surplus Remains
27/08/2014 (Bloomberg) - Global production of seven major oilseeds will be larger than forecast last month as consumption is set to lag behind output for a third year, Oil World said.
Garuda to Use Biofuel in 2016 to Reduce Emissions
27/08/2014 (Jakarta Post) - National flag carrier PT Garuda Indonesia is planning to mix avtur (aviation turbine fuel) with biofuel starting in 2016, to help reduce its carbon emissions.
Rotterdam Vegetable Oil Prices
27/08/2014 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1600 GMT.
Palm Oil Exports From Indonesia Climb to Highest in Seven Months
26/08/2014 (Bloomberg) - Palm oil shipments from Indonesia, the world’s largest producer, expanded to the highest level in seven months in July after India and countries in Africa increased purchases amid a decline in prices.
Uggah Directs MPOB To Reduce Red Tape
26/08/2014 (Bernama)- Plantation Industries and Commodities Minister Datuk Seri Douglas Uggah Embas wants the Malaysian Palm Oil Board (MPOB) to reduce red tape and go to the ground to meet the oil palm planters and mill operators.
VEGOILS-Market Factors to Watch Aug 26
26/08/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.