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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
Council: Campaign Against Palm Oil in Europe Based on False Claims
28/08/2013 (The Star) - The campaign against palm oil in Europe was built on false claims of the oil’s adverse effects on health and nutrition, said the Malaysian Palm Oil Council (MPOC).
VEGOILS/PALM OIL-Market Factors To Watch Aug 28(Wednesday)
28/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Indonesian Government Develops Palm Oil Based Biodiesel to Curb Oil Import
28/08/2013 (Indonesia Investments) - In order to curb imports of oil, the government of Indonesia intends to stimulate the production of crude palm oil-based biofuel by increasing the mandatory content of fatty acid methyl ester (which is made from palm oil) in biodiesel products from 7.5 percent to 10 percent. Through this policy, the government claims to be able to save up to USD $3 billion as it needs less fuel imports. Fuel imports totaled USD $5.8 billion in the first six months of 2013 and form a major cause for the USD $9.8 billion current account deficit in Q2-2013.
RSPO Stakeholders Will Meet in Berlin Next Week At The Organisation\'s First European Summit
28/08/2013 (FoodNavigator.com) - Boosting industry commitment to sustainable palm oil, the impact of upcoming EU regulation and improving certification credibility are among the topics on the agenda at the first European Roundtable on Sustainable Palm Oil (RSPO) summit.
Palm Oil Advances to Two-Month High on Ringgit, Soybean Outlook
28/08/2013 (Bloomberg) - Palm oil climbed for the fifth day to a two-month high on speculation that the U.S. soybean crop will be smaller than previously estimated and as the ringgit fell to a three-year low, boosting demand for Malaysian supplies.
Palm Oil Price To Increase By Year-end Due To Low Production Of Substitutes, Says MPOC
28/08/2013 (Bernama) - Palm oil price is expected to increase by year-end due to low production of substitutes such as vegetable and soybean oils, the Malaysian Palm Oil Council (MPOC) said Tuesday.
Heat in US, Rain in India Drive Up Edible Oils
28/08/2013 (Hindu Business Line) - A sudden spurt in domestic and overseas futures market lifted prices of imported edible oils here on Monday, despite month-end need-based demand.
Vietnam Slaps Tax on Imported Vegetable Oils To Protect Local Producers
28/08/2013 (Thanh Nien Daily) - Vietnam has imposed a 5 percent import tax on refined soybean oil and palm oil, saying a surge in imports of the items is harming the domestic industry.
RI To Cut Oil Import, Promote Use of Biofuels
28/08/2013 (ANTARA News) - Indonesia is taking steps to reduce its fuels imports and promote the use of biofuels at home in response to its current account deficit and the depreciation of its rupaih currency against the US dollar.
