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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Tarin for providing relief to ghee, oil buyers
Finance Minister Shaukat Tarin on Monday directed the Ministry of Industries and Production (MoIP) to hold a meeting with ghee and edible oil manufacturers and help transmit the declining trend of international oil prices to end consumers.
Sri Lanka lifts coconut price controls as monetary nuts loosened
Sri Lanka has lifted price control on coconuts ordered by circumference as coconut prices went up after a ban on palm oil imports and the Federal Reserve fired a global commodity bubble with ‘stimulus’ and the domestic currency also came under pressure from liquidity injections
EDITORIAL COMMENT : Cooking oil price fall good for economy
The falling global prices of raw edible oils is, as Reserve Bank of Zimbabwe Governor Dr John Mangudya noted last week, good news for Zimbabwe and should reduce both the cost of cooking oil for consumers and the national import bill, since we are an importer rather than an exporter.
Palm oil may bounce more to 3,602 ringgit
Palm oil may bounce more to 3,602 ringgit per tonne, as it has stabilized around a support at 3,273 ringgit.
Palm declines on Indonesia's plan to revise export levy.
Malaysian palm oil futures fell on Monday, extending last week's losses on news of Indonesia's plan to change its export levy.
Indonesia to change crude palm oil export levy system "soon" - official
Indonesia will change its crude palm oil export levy system “soonâ€, Eddy Abdurrachman, the chief executive the government body in charge of collecting palm oil levies (BPDB), told Reuters on Monday.
China launches crude oil options open to foreign traders
China's first energy options open to foreign traders made their Shanghai International Energy Exchange (INE) debut on Monday with the new crude oil contract achieving only muted volumes.
India's vegetable oil traders hold back as volatility in palm oil futures intensifies
India's vegetable oil traders have been holding back from conducting new business amid wide swings in palm oil markets in the first three weeks of June, following news of a potential changes in taxation and biodiesel mandates, as well as mixed supply and demand data, market sources told S&P Global Platts.
Indonesia and Canada to launch economic partnership talks
Indonesia and Canada will begin negotiations on a comprehensive economic partnership agreement, both countries said on Monday, as the Southeast Asian nation steps up its economic diplomacy under President Joko Widodo.
