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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
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
Crude Palm Oil Weekly Report 1 December 2013
02/12/2013 (Borneo Post) - Malaysian palm oil futures (FCPO) ended higher by 0.45 per cent for the week even though investors booked profits from gains made earlier in the week as it went up to as high as 2,678. Meanwhile, prices were supported by optimism that higher biofuel mandates will encourage edible oil demand and support the tropical oil.
Commodity Weekly Report 1 December 2013
02/12/2013 (Borneo Post) - The US equity market remained vibrant above 16,000 benchmarks while dollar weakened further against European currencies. Last week, gold recovered in a sideways trend but it is prone to bullish bias. Market investors should stay alert for decision on curbing stimulus by US Fed policymakers though no news has been announced yet. The weekly crude inventories continued to increase at three million barrels for the week ended November 23. However, market rebounded on Friday before the week due to short-covering from an almost six-month low.
Indonesia Dominates World`s Palm Oil Market
02/12/2013 (ANTARA News) - Growing demand for Indonesias palm oil and its domination of the world market was an attracting topic in a conference held at the Indonesian Consulate General in Hamburg, Germany, on Saturday.
Soyabean, Palm Oil Import Decrease in Four Months
02/12/2013 (Pakistan Observer) - Import of edible oil in the country including soyabean and palm witnessed decreasing trend during first four months of current financial year as compared to same period of last year. During the period from July-October, 2013, the import of soyabean oil decreased by 20.28 percent and reached at 29,701 metric tons costing US$ 31.488 million. According the data of Pakistan Bureau of Statistics the import of soyabean was recorded at 30,596 metric tons valuing US$ 39.49 million in same period of last year.
Palm Oil Prices Could Reach New Highs in 2014
02/12/2013 (UkrAgroConsult) - Palm oil prices could hit over a one-year high by March 2014, on strong demand from the biofuel industry, leading analyst Dorab Mistry said on Friday. Prices are rising faster than previously expected and could reach MYR3,000 (USD930) per tonne by next year according to the analyst.
Vegetable and Palm Oil Mixed with Coconut Oil
02/12/2013 (The Official Government News Portal of Sri Lanka) - Trade and Commerce Minister Johnston Fernando instructed Consumer Affairs Authority (CAA) officials to conduct an investigation into a complaint that coconut oil available in the market has been mixed with some other oil and take legal action against those involved.
VEGOILS-Palm Oil Ends Lower on Profit Taking After Industry Gathering
30/11/2013 (Reuters) - Malaysian palm oil futures ended lower on Friday as investors booked profits from gains made earlier in the week, but prices were supported by optimism that higher biofuel mandates will stoke edible oil demand and prop up the tropical oil.
MIDF Research, RHB Research Maintain 'Buy' Call On FGV
30/11/2013 (Bernama) - MIDF Research and RHB Research have both maintained a "buy" call on Felda Global Ventures Holdings Bhd (FGV).
Sampoerna Agro Says Its Palm Oil Output May Jump 20 Pct in 2014
30/11/2013 (Reuters) - Annual output at Indonesian palm oil firm Sampoerna Agro could grow by as much as 20 percent next year to about 1.7 million tonnes, helped by favourable weather and maturing trees, a company official said on Friday.
