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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
Affin Research Maintains Neutral on Plantations
12/04/2014 (The Star) - Affin Research has maintained its Neutral call on the plantations sector with its 2014-2016 crude palm oil (CPO) average selling price (ASP) at RM2,700MT.
CIMB Research Remains Neutral on Plantations
12/04/2014 (The Star) - CIMB Equities Research is retaining its Neutral stance on the plantations sector and projects crude palm oil (CPO) prices to trade between RM2,500 and RM2,800 per tonne.
Palm Oil Stockpiles Expand as Output Climbs Most in Eight Months
11/04/2014 (Bloomberg) - Palm oil stockpiles in Malaysia unexpectedly expanded in March, snapping a two-month decline, as production in the world’s biggest supplier after Indonesia climbed by the most since July. Futures dropped.
Rotterdam Vegetable Oil Prices
11/04/2014 (Reuters) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.
Morning Markets: Cocoa, Palm Oil Depressed by Downbeat Data
11/04/2014 (AgriMoney.com) - The week's slew of agricultural commodity data did not end with the US Wasde crop report.
Palmolein Drops to ₹600/10 KG
11/04/2014 (Hindu Business Line) - Bearish trend continued in edible oils market on Thursday tracking weak Malaysian palm oil futures amid slack physical demand. Activities remained thin in resale as stockists stayed away. On Bombay Commodity Exchange, groundnut oil dropped by ₹20 while soyabean refined, cotton refined, rapeseed refined oil and palmolein declined by ₹3 for 10 kg each. Palmolein dropped to ₹600 level on higher reselling pressure.
African Lion Agriculture to Plant 10,000 Acres of Palm Oil
11/04/2014 (Awareness Times) - A component project under the Sierra Rutile Mining Company, the Africa Lion Agricultural Company, has commenced a serial cultivation of palm oil, coffee, pineapple, cocoa and rubber plantations in Imperi, Upper Banta and Jong chiefdoms among other mining communities. The Africa Lion Agriculture intends to plant over ten thousand acres of oil palm as well as hundreds of acres of pineapple, cocoa, coffee and rubber plantations. The project started over a year ago as an alternative to mining in order to improve the livelihood of people in Sierra Rutile mining communities.
Demand for Sunflower Oil May Grow 50% Next Year
11/04/2014 (Hindu Business Line) - With burgeoning middle class households in the country, edible oil imports will rise by close to 25 per cent next year, said Satendra Aggarwal, Chief Operating Officer, Ruchi Soya Industries Ltd, the market leader in the packaged edible oils segment.
VEGOILS-Palm Slips on Surprise Rise in Stocks, Ringgit Drags
11/04/2014 (Reuters) - Malaysian palm oil futures ended lower on Thursday after an industry report showed that stocks in world's second-largest grower unexpectedly rose, and as a firm ringgit continued to drag on prices.