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Vegetable Oil

Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed on Tuesday in sympathy with gains in Malaysian palm oil futures on concerns over falling production in July. "Holidays at the end of Ramazan could hamper production, which could eventually lead to a lo
Published 24 Jul, 2015 12:00am
NBP distributes around 2,500 food bags
Vegetable Oil

NBP distributes around 2,500 food bags

To mitigate sufferings of the poor people, National Bank of Pakistan decided to reach out to them by providing ration bags. The bag contains flour, vegetable oil, rice, sugar, tea, milk and spices etc. The bank has distributed around 2,500 bags containing
Published 23 Jul, 2015 12:00am
European palm oil prices fall on export slowdown
Vegetable Oil

European palm oil prices fall on export slowdown

European palm oil prices were lower on Wednesday as a strong dollar put pressure on the market and new Malaysian export data showed a slowdown in demand for July. Crude palm oil prices were down between $5 and $7.50 a tonne with the August-September posit
Published 18 Jul, 2015 12:00am
Vegetable oil prices rise in Europe
Vegetable Oil

Vegetable oil prices rise in Europe

Vegetable oil prices rose in Europe on Thursday as forecasts for more heavy rains in the US Midwest sparked a sharp rise in Chicago's soya complex. EU rapeseed oil asking prices were raised by between 6.00 and 13.00 euros a tonne, as CBOT soyaoil prices s
Published 12 Jul, 2015 12:00am
Vegetable oil prices fall in Europe
Vegetable Oil

Vegetable oil prices fall in Europe

Vegetable oil prices fell in Europe for a third consecutive day as markets continued to be weighed by uncertainty about the sharp decline in China's stock market and the financial crisis in Greece. Dealers said, however, a weaker dollar and rise in Chicag
Published 10 Jul, 2015 12:00am
DTRE scheme: Quota for ghee, vegetable oil enhanced
Vegetable Oil

DTRE scheme: Quota for ghee, vegetable oil enhanced

The Federal Board of Revenue (FBR) has considerably enhanced the quota for ghee and vegetable oil under Duty and Tax Remission for Export (DTRE) scheme for export to Afghanistan and Central Asia from 1000 tons per 90 days to 1000 tons per month. In this r
Published 09 Jul, 2015 12:00am