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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
With Coconut Oil Hovering Near ₹200/kg, Imports Loom
24/04/2014 (Hindu Business Line) - Coconut oil from other countries such as the Philippines may soon find its way into the country, thanks to its soaring prices.
Biodiesel Blending Hinders Non-subsidised Fuel Sales
24/04/2014 (Biofuels International) - Proposals to boost the mandatory amount of palm oil in biodiesel is thought to be hampering the government's efforts to increase the consumption of non-subsidised fuel in Indonesia.
Palm Oil Eases on Better Southeast Asia Weather
24/04/2014 (Business Recorder) - Palm oil on the European vegetable oils market eased on Wednesday because of improved weather in southeast Asia and due to weakness in rival soyoil.
Soppoa Committed to MSPO Standard for Palm Oil Industry
24/04/2014 (Borneo Post) - Sarawak Oil Palm Plantation Owners Association (Soppoa) reaffirmed its commitment to the adoption of Malaysian Sustainable Palm Oil (MSPO) standard for the oil palm industry here, with its members agreeing to the compliance and certification at its recent sixth Annual General Meeting.
Gov’t Launches District Industrialisation Drive
24/04/2014 (GhanaWeb) - Under a new Presidential Initiative dubbed: “District Presidential Industrialisation Initiative,†the government, through existing agencies, is supporting rural entrepreneurs to build their capacity to increase output for a ready market.
Malaysia Drought Predicted Negative for Palm Oil Output to 2016
24/04/2014 (UkrAgroConsult) - Malaysia’s severe drought in the first three months of 2014 will have a negative impact on palm oil production into early 2016 even after rain returned in the second half of March, industry researcher Oil World predicted.
VEGOILS-Market Factors to Watch April 24
24/04/2014 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
23/04/2014 (Bloomberg) - Malaysia’s severe drought in the first three months of 2014 will have a negative impact on palm oil production into early 2016 even after rain returned in the second half of March, industry researcher Oil World predicted.
Palm Oil Imports Rise as Coconut Oil Output Drops
23/04/2014 (Daily Mirror) - A sharp decline in Sri Lanka’s coconut oil production in 2013 has resulted in significantly more palm oil imports, which is a close substitute for coconut oil, the 2013 Central Bank annual report showed.