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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
Edible Oils Turn Bearish on Clear Weather
18/09/2013 (Hindu Business Line) - Clear weather and increased arrivals of kharif crop along with initial weakness in the futures market pulled down edible oils prices on Tuesday. Groundnut and sunflower oil declined by Rs 10 and Rs 5 each. Rapeseed and cotton oil dip by Rs 2 each.
World Rapeseed Supplies Seen at Record on Canada, EU Crop
18/09/2013 (Bloomberg) - World supplies of rapeseed may climb to a record this season as production increases from Canada to the European Union, Oil World said.
Global Palm Oil Meeting in Medan
18/09/2013 (Jakarta Post) - The Roundtable on Sustainable Palm Oil (RSPO), a multi-stakeholder organization that promotes sustainable practices in the palm oil industry, will convene its 11th annual meeting at the Santika Premiere Dyandra Hotel and Convention in Medan, North Sumatra, on Nov.12-14 to discuss the revised RSPO principles and criteria for the development of the commodity.
Crude Palm Oil Weekly Report 15 September 2013
17/09/2013 (Borneo Post) - Crude Palm Oil Futures (FCPO) rose slightly higher on Friday due to buying interest surged after prices fell to its lowest in more than three weeks. However, palm oil futures still posted their worst weekly performance in more than two months after forecasts of rising production in Southeast Asia raised concerns over rising inventory levels.
Commodity Weekly Report 15 September 2013
17/09/2013 (Borneo Post) - The Dow Jones and global stocks firmed sentiments last week as war threats in Syria toned down. Syria agreed to submit its chemical weapons to the United Nations’ (UN) inspectors as proposed by Russia during a meeting with US President Barrack Obama.
Palm Reserves in Indonesia Drop to 14-Month Low in August
17/09/2013 (Bloomberg) - Palm oil stockpiles in Indonesia, the top producer, probably fell in August to the lowest in 14 months as output had the second-biggest slump this year because of holidays, more than compensating for a drop in sales.
Indonesia’s Biodiesel Plan Will Not Have Any Impact on Palm Oil Price
17/09/2013 (Hindu Business Line) - Once again, palm oil prices are finding support.
Imported Vegoil Oils Ease As Rupee Rises
17/09/2013 (Hindu Business Line) - Edible oil prices ruled steady on Monday in the absence of cues from the Malaysian palm oil market, strengthening of the rupee and a weak Chicago soya market.
Rupee\'s Gain Over The Past Week Helps Curtail Edible Oil Prices
17/09/2013 (Economic Times) - RBI Governor Raghuram Rajan's initiative to tame rupee has brought some good news for homemakers. Strengthening of rupee over the last week has effectively checked a hike in edible oil prices post Ganpati festival. A drop in oil prices in the international market has also favoured Indian consumers who are otherwise burdened with rising food and vegetable prices. International prices of crude palm oil, soyoil and sunflower oil have slipped by $35 to $50 per tonne in past 10 days.
