Archived News
12-03-2018
Community gets palm oil, cassava mills largesse from CBN Africa
Towards attainment of the United Nation’s Sustainable Development Goals (SDGs) of no poverty, zero hunger, and partnerships, the Christian Broadcasting Network (CBN) Africa, has donated palm oil and cassava-processing mills to Ife Oluwa Farmers’ Cooperatives Society of Adetoyebi-Ajibode community, Akinyele Local Council Area, Oyo State.
12-03-2018
First Resources beats trending decline in fresh fruit bunches growth
Other companies registered drops in FFB production ranging from -1.0% to -16.7%.
12-03-2018
Groundnut, palmolein oils soften on sluggish demand
New Delhi, Mar 10 (PTI) Prices of groundnut and palmolein oil prices fell by Rs 100 per quintal at the at the wholesale oils and oilseeds market today.
12-03-2018
CPO price outlook for 2018 seen subdued
PALM oil industry experts have painted a rather subdued price outlook for crude palm oil (CPO) this year.
09-03-2018
Mindef upholds ‘palm oil first call’ in proposed jet deals with France
The proposed palm biodiesel ban by the European Union (EU) parliament has bearings on Malaysia’s plan to buy multi-role combat aircraft (MRCA) from Europe.
09-03-2018
A pickup in palm oil demand seen ahead of Ramadan in May
The crude palm oil (CPO) price outlooks given by industry experts were generally flat at current level after seeing a strong CPO price performance last year with the industry price forecasts ranging from RM2,200 to RM2,700 per mega-tonnes (mt), while our CPO price forecast is RM2,500 per mt.
09-03-2018
Palm oil may fall more to 2,375 ringgit
Palm oil may fall more to 2,375 ringgit per tonne, as it has broken a support at 2,420 ringgit.
09-03-2018
Palm oil analysts see dim pricing ahead
Since the beginning of the year until now, palm oil futures on Bursa Malaysia Derivatives Market averaged at around RM2,500 per tonne.
09-03-2018
Malaysia says EU palm oil curbs may undermine France's fighter jet bid
Malaysia, the world’s No.2 producer of palm oil, said on Thursday the European Union’s decision to curb imports of the commodity could undermine France’s hopes of winning one of Asia’s biggest fighter plane deals.
08-03-2018
‘Malaysia ready to restrict EU trade’
MALAYSIA will impose trade restrictions on the European Union should it proceed with a plan to limit the use of palm oil in biodiesel, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.
08-03-2018
Challenges facing the palm oil industry
Malaysia needs to overcome many challenges to enable the country's palm oil industry to thrive, said Oil World executive director Thomas Mielke.
08-03-2018
Mielke, Fry bearish on palm oil this year
: Two leading vegetable oils analysts, Thomas Mielke and James Fry, have a rather bearish outlook on palm oil this year. Mielke forecasts that average crude palm oil (CPO) price could fall to as low as RM2,350 per tonne in six months. Fry predicts a low of RM2,200 per tonne for palm oil futures