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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
BI Predicts Trade Surplus for May
14/06/2014 (Jakarta Post) - Bank Indonesia (BI) predicts that the nation's trade balance in May will record a surplus after suffering a deficit of US$ 1.96 billion in April.
Demand Heats up Edible Oils
14/06/2014 (Hindu Business Line) - Edible oils prices witnessed a bullish trend on Friday tracking firm futures, higher physical demand and increased import cost due to weak rupee. During the day all local refineries got good buying orders from stockists. Over 2,000 tonnes of edible oils (palmolein, sunflower and soya oil) were sold by them. Soya oil futures prices on the NCDEX were over ₹5-6 till evening tracking higher closing of Malaysian palm oil for the second consecutive day.
Three-way Race for NBPOL
14/06/2014 (The Star) - A month after Felda Global Ventures Holdings Bhd (FGV) confirmed its interest in London-listed New Britain Palm Oil Ltd (NBPOL), two more Malaysian entities have entered the fray.
RBD Palm Olein Futures To Be Launched On June 16
14/06/2014 (Bernama) - Malaysia will start a futures contract for refined, bleached and deodorised (RBD) palm olein futures contract on June 16, said Bursa Malaysia Derivatives Bhd (BMD) Chief Executive Officer Chong Kim Sen
Sarawak Filled with Growth Opportunities, Foreign Investors Told
14/06/2014 (Borneo Post) - More than 100 individuals attended the Sarawak Trade and Investment Business Forum held in Kazakhstan yesterday.
Rotterdam Vegetable Oil Prices
14/06/2014 (Reuters) - Friday's Rotterdam vegetable oil prices at 1600 GMT.
Palm oil/Vegoils: Market Factors to Watch June 13 Friday
13/06/2014 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday.
Provident Agro Invests $31.75m in Two Processing Facilities
13/06/2014 (Jakarta Post) - Publicly listed plantation firm Provident Agro has made Rp 375 billion (US$31.75 million) in investments for its two new palm-oil processing facilities, which are now under construction.
Copra, Coconut Oil Price up on Speculation
13/06/2014 (Hindu Business Line) - Coconut oil prices increased by ₹17 a kg this week mainly on speculation supplies could be affected by the Monsoon setting in.
