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European vegoils: palm oil down on slow exports
Vegetable Oil

European vegoils: palm oil down on slow exports

Palm oil on the European vegetable oils market was lower in thin trade on Monday on concerns over slow exports as players wound down business for the holiday season. "The days between Christmas and the New Year are usually very slow as many participants t
Published 31 Dec, 2015 12:00am
Soybeans fall as Brazil weather forecasts improve
Vegetable Oil

Soybeans fall as Brazil weather forecasts improve

Chicago Board of Trade soybean futures fell for a fifth straight session on Monday on improved crop weather forecasts for top supplier Brazil next week, including outlooks for beneficial rain in the center-west soy region. Brazil, the world's top soybean
Published 30 Dec, 2015 12:00am
Egypt cancels sunflower oil and soybean oil tenders
Vegetable Oil

Egypt cancels sunflower oil and soybean oil tenders

Egypt's state-owned Food Industries Holding Company cancelled its tender on Tuesday for vegetable oils, citing a lack of offers following new terms that allow the state buyer to delay payments, traders said. The vegetable oil tender was the first FIHC hel
Published 30 Dec, 2015 12:00am
India's winter crop sowing down
Vegetable Oil

India's winter crop sowing down

India's farmers have pushed back planting of crops such as wheat and rapeseed, the main winter oilseed, raising fears of lower output and higher vegetable oil imports by the world's biggest buyer of the cooking ingredient. Earlier this month, India cut it
Published 29 Dec, 2015 12:00am
India's 2015-16 palm oil imports to rise
Vegetable Oil

India's 2015-16 palm oil imports to rise

India's palm oil imports will rise marginally in the year to October 2016 from current record highs as the commodity's discount to soyaoil narrows on output worries, making it less attractive for buyers in the world's top edible oils consumer.
Published 29 Dec, 2015 12:00am
European vegoils: palm oil up again on declining output
Vegetable Oil

European vegoils: palm oil up again on declining output

Palm oil on the European vegetable oils market rose further on Tuesday on expectations of sharply lower output in the southern part of Malaysia, which lifted palm oil futures. "Malaysian palm oil futures were up again on concerns over lower output, some 2
Published 27 Dec, 2015 12:00am
India's crop sowing down 5.5 percent
Vegetable Oil

India's crop sowing down 5.5 percent

India's parched farms have pushed back the sowing of main crops such as wheat and rapeseed, the main winter oilseed, raising fears of lower output and higher vegetable oil imports by the world's biggest buyer of the cooking ingredient. As planting of majo
Published 27 Dec, 2015 12:00am
Lessons for the Muslim world
Vegetable Oil

Lessons for the Muslim world

I usually write about poverty and project management-related issues but thanks to Donald Trump tirade against Muslims I thought it appropriate to share the details about the glorious culture and civilisation Muslims produced and how the elements of this g
Published 24 Dec, 2015 12:00am
Palm oil rises on expected China demand
Vegetable Oil

Palm oil rises on expected China demand

Malaysian palm oil futures rose for a fourth consecutive day, as traders expected improving Chinese demand and lower December production. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange gained 0.7 percent to close high
Published 24 Dec, 2015 12:00am
Palm oil reaches near three-month high over weather concerns
Currency

Palm oil reaches near three-month high over weather concerns

Malaysian palm oil futures rose to a near three-month high on Monday, as a weaker ringgit and concerns that drier weather could curb output boosted prices. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange ended 1.6 perc
Published 22 Dec, 2015 12:00am
Indonesia's November palm oil output falls
Vegetable Oil

Indonesia's November palm oil output falls

Indonesia's crude palm oil (CPO) output slipped 7 percent in November from the previous month, a Reuters survey showed, as the main harvest season ended and monsoon weather arrived in key growing areas. CPO output in November was 2.8 million tonnes, down
Published 20 Dec, 2015 12:00am
European vegoils: Palm oil down on poor exports
Vegetable Oil

European vegoils: Palm oil down on poor exports

Palm oil on the European vegetable oils market continued to ease on Thursday, tracking Malaysian palm oil futures on the back of slack export demand, weak energy markets and lower rival vegetable oils. "The European cash market followed Malaysia and the s
Published 20 Dec, 2015 12:00am
Palm oil ticks up
Vegetable Oil

Palm oil ticks up

Malaysian palm oil futures gained on Friday, boosted by concerns that production would be hit by year-end monsoon and expectations of higher imports by China. The year-end monsoon season in palm producing Southeast Asian countries brings heavy rains and f
Published 19 Dec, 2015 12:00am