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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
Kulim In A Quandary
24/08/2013 (The Star) - It is now becoming increasingly clear that Kulim (M) Bhd’s launch of the partial general offer for New Britain Palm Oil Ltd’s (NBPOL) shares is one that could have been better thought through.
Palm Oil May Test Resistance, Drop
24/08/2013 (Hindu Business Line) - Malaysian palm oil futures on Bursa Malaysia Derivatives Exchange ended higher on Friday on expectations output will fall in August. This raised hopes that stocks in Malaysia could further tighten. Production had surged 18.2 per cent in July, pushing stocks higher. It was expected to continue climbing due to the higher yield cycles around this time of the year. The Malaysian Palm Oil Board will issue official data on August stocks, output and exports on September 10. However, Malaysian palm could face pressure going forward after top producer Indonesia said it would cut its crude palm oil export tax to 9 per cent for September from 10.5 per cent in August. Sentiment also got a boost from a weakening ringgit after poor Malaysian economic data weakened the ringgit and a surprise surge in China's manufacturing sector fuelled demand hopes from the world's No. 2 palm oil buyer.
VEGOILS-Weak Ringgit, China Data Lift Palm To More Than 1-Month High
23/08/2013 (Reuters) - Palm oil futures rose to their highest level in more than a month on Thursday after poor Malaysian economic data weakened the ringgit and a surprise surge in China's manufacturing sector fuelled demand hopes from the world's No.2 palm oil buyer.
More Edible Oil Imports Likely As Global Prices Fall, Says Expert
23/08/2013 (Hindu Business Line) - The falling price of edible oils in global markets is likely to soften the impact of a depreciating rupee on prices in India, triggering increased imports this year, an expert said on Thursday.
VEGOILS/PALM OIL-Market Factors To Watch Aug 23(Friday)
23/08/2013 (The Star) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Morning Markets: Bears Regain Grip on Grains. But Palm Rises
23/08/2013 (Agrimoney.com) - The pattern of alternate sessions of higher and lower grain prices would suggest that Thursday should be a down day.
(Press Release) NREL and Colombian Oil Firm Processing Sugar Cane Residue and Palm Oil Into Biofuel
23/08/2013 (Renewable Energy Magazine) - The National Renewable Energy Laboratory in the US is working with Ecopetrol, the largest oil company in Colombia, to process the residue from sugar cane and palm oil harvesting into fuel ethanol for blending with gasoline.
US: Cocoa Supplier Blommer Extends Palm Oil Commitments
23/08/2013 (just-food.com) - Cocoa and ingredient group Blommer Chocolate Co. has claimed it is the first group to offer 100% RSPO-certified mass balance palm oil in the US, with products becoming available this autumn.
Rotterdam Vegetable Oil Prices
23/08/2013 (Business Recorder) - Thursday's Rotterdam vegetable oil prices at 1600 GMT.
