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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
Crude Palm Oil Weekly Report 15 December 2013
16/12/2013 (Borneo Post) - Malaysian palm oil futures (FCPO) dropped to their lowest for the week on Friday as it stretched losses into its fifth straight session as weakness in competing soy markets fuelled worries of a shift in demand from the tropical oil.
Palm Oil to Test Support, Rise
16/12/2013 (Hindu Business Line) - Malaysian palm oil futures on BMD ended lower Friday, as weakness in competing soy complex stoked worries of a shift in demand from Palm oil. Data from cargo surveyors showed that Malaysian palm oil exports fell by as much as 26 percent for the Dec. 1-10 period compared to a month ago, as buyers remained on the sidelines due to high prices. Market participants will be watching for export data for the first half of December, to be released by cargo surveyors on Monday, for more trading cues. Softer demand for palm oil, typical towards the year-end as palm solidifies in winter, have pressured palm prices to some extent.
Nigerian Government to Supply Subsidised Harvesters to Boost Oil Palm Production
16/12/2013 (Premium Times) - The Nigerian government said it would supply 73 motorised harvesters at subsidised rates to farmers, to boost oil palm production in the country.
Palm Oil Exports From Indonesia Seen Climbing to Nine-Month High
16/12/2013 (Bloomberg) - Palm oil shipments by Indonesia, the world’s largest producer, probably advanced to the highest level in nine months in November.
Palm Oil Production Reaches Under Local Consumption
16/12/2013 (Eleven Myanmar) - Representatives from the edible oil industry are calling on the government to increase domestic production to meet the local demands.
Felda Global Ventures in Talks to Buy SPC Biodiesel
16/12/2013 (The Star) - Plantation conglomerate Felda Global Ventures Holdings Bhd (FGV) is in negotiations to acquire SPC Biodiesel Sdn Bhd, an “idle†biodiesel plant in Lahad Datu, Sabah, sources said.
Choosing down-to-Earth oils
16/12/2013 (Mail Tribune) - Do you ever stand in the grocery store aisle paralyzed with indecision as you stare at the multitude of vegetable-oil bottles?
Malaysia Keeps Crude Palm Oil Export Tax at 5% for Second Month
16/12/2013 (Bloomberg) - Malaysia, the world’s second-largest palm oil producer, left a tax on exports of the crude variety unchanged after stockpiles jumped to the highest since March.
Palm Oil Fluctuates as Steady Tax Rate Counters Export Concern
16/12/2013 (Bloomberg) - Palm oil swung between gains and losses as Malaysia announced that it will maintain export taxes in January, countering speculation that lower shipments from the second-largest producer this month may boost stockpiles.
