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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
Rotterdam Vegetable Oil Prices
20/05/2014 (Reuters) - Monday's Rotterdam vegetable oil prices at 1600 GMT.
Asian Agri Stops Using ‘Illegal’ Oil Palm Fruits
20/05/2014 (Jakarta Post) - Asian Agri, one of Indonesia’s major crude palm oil (CPO) producers, has promised it will stop receiving a supply of freshly harvested fruits from “illegal†oil palm plantations in line with its commitment to become a truly sustainable and environmentally friendly CPO producer.
EL Nino Factor May Increase CPO Price
20/05/2014 (The Sun Daily) - The onset of an El Nino in June or July is expected to drive palm oil prices between 10 and 15% higher in Malaysia and Indonesia.
Palm Falls to Over 1-Week Low on Weak Soyoil Markets, Demand Woes
20/05/2014 (Business Recorder) - Malaysian palm oil futures fell to their lowest in more than one week on Monday, following losses in soyoil markets overseas, while concerns that the tropical oil's demand will fizzle out at the end of this month weighed on prices.
Crude Palm Oil Short Term Bearish Tgt –Rs.523/515
20/05/2014 (Commodity Online) - MCX CPO price has been trading within the upward-sloping trend channel R-S since the past two years forming higher tops and higher bottoms. The price has recently broken the previous low and channel support (S) at Rs 550. A test of immediate support at Rs.523/515 (T) level looks possible in the short term.
Crude Palm Oil Weekly Report – 18 May 2014
19/05/2014 (Borneo Post) - Malaysian palm oil futures closed slightly higher at 0.12 per cent for the week although price fell from a four-day gain on Friday as investors took profits ahead of the weekend.
Felda Global's Plans on New Britain Palm Oil at Early Stage
19/05/2014 (The Star) - Plantation giant Felda Global Ventures Holdings Bhd (FGV) says it is looking at New Britain Palm Oil (NBPOL) as part of its growth strategy.
Malaysia Fetes Trade with Korea, Palm Oil Sector VIPs
19/05/2014 (The Korea Herald) - The Malaysian Embassy and the Malaysia External Trade Development Corporation co-organized a seminar and dinner reception with the Malaysia Palm Oil Council to boost bilateral trade in Seoul on Wednesday.
VEGOILS-Market Factors to Watch May 19
19/05/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.