Malaysian palm oil/Vegoils: Market factors to watch Friday June 23

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday June 23.

Indonesia to keep export taxes for cocoa, palm oil at zero in July

JAKARTA (June 22): Indonesia will maintain export taxes for cocoa beans and crude palm oil at zero for July because the reference prices of the commodities are expected to remain below the threshold that would trigger in increase, trade ministry said on Thursday.

India farm protests push for rise in edible oils import tax

MUMBAI (June 22): India's government is facing mounting pressure to raise import duties on edible oils after farmers staged mass protests in key farm states amid a slump in oilseed prices to below government support levels.

Palm oil prices seen going lower for the rest of this year and into 2018

PETALING JAYA: Looming bearish fundamentals will likely drag crude palm oil (CPO) prices lower for the rest of this year and going into 2018, say analysts.

MPIC bids farewell to its sec-gen Nagarajan

UTRAJAYA: The Plantation Industries and Commodities Ministry (MPIC) bade farewell to its secretary-general, Datuk M. Nagarajan during a buka puasa do tonight.
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