KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday July 13.

The price of Malaysian palm oil could drop to as low as 2,100 ringgit ($519.80) per tonne "in the medium term", edible oil analyst Thomas Mielke told an industry event in Seoul, not far from current levels which is the weakest in almost three years.

KUALA LUMPUR: Malaysian palm oil futures dropped to their lowest in nearly three years on Thursday, tracking overnight declines in related edible oils, before trimming some losses on the back of a weaker ringgit.

KUALA LUMPUR: The price of crude palm oil (CPO) futures contract fell to its lowest level since September 2015 as slow export growth and rising stockpile curbed the market’s appetite for the commodity.

KUALA LUMPUR: Crude palm oil for September delivery fell as much as 1.3% to RM2,176 per tonne on Bursa Malaysia Derivatives on Thursday, the lowest intraday level for most-active contract in more than two years.

Since the socio-political crisis started, nearly two years ago, in Cameroon’s Anglophone regions, palm oil processing has been facing various disruptions mainly within agri-business firms such as CDC and Pamol. This was reported by the Oilseed Sector Regulatory Committee.

Jakarta (ANTARA News) - The palm oil producers who are members of the Indonesian Palm Oil Business Association (Gapki) said national palm oil production is sufficient for the development of biofuels with 30 percent palm oil content or B30.

Manufacturers say only a consistent government policy can revive the palm oil industry and make the sub-sector a reliable foreign exchange earner.

Crude palm oil prices went down by 0.50 per cent to Rs 620.60 per 10 kg in futures market today as speculators cut down positions in line with weak international prices and on muted spot demand.

NANJING, China, July 12, 2018 /PRNewswire/ -- The 2018 China Sustainable Palm Oil Supply Chain Forum & the Second RSPO China Forum was held on July 11 in Nanjing, China. The China Sustainable Palm Oil Alliance was jointly launched by the China Chamber of Commerce of Foodstuffs and Native Produce (CFNA), Roundtable for Sustainable Palm Oil (RSPO) and World Wildlife Fund (WWF) to create a platform for win-win cooperation among stakeholders in the palm oil supply chain and promote sustainable palm oil in China.