Archived News
17-10-2017
Malaysian palm oil/Vegoils: Market factors to watch Tuesday Oct 17
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Oct 17.
17-10-2017
Palm oil still targets RM2,782-2,812 range
Palm oil January contract still targets a range of RM2,782-2,812 per tonne, as suggested by a Fibonacci retracement analysis and an inverted head-and-shoulders.
17-10-2017
Cirro Capital expands CPO investments into Indonesia
Cirro Capital Limited, a Malaysian-based investment and financial services company has sealed yet another plantation acquisition, this time in the Riau Islands of Indonesia.
17-10-2017
Palm oil will consolidate, rise
Malaysian palm oil futures ended marginally higher, supported by overnight strength in soya oil on the Chicago Board of Trade (CBOT) and other related oils on China’s Dalian Commodity Exchange.
17-10-2017
Malaysia wants to expand agricommodity trade with US
Malaysia aims to further increase its agricommodity trade with the United States moving forward, according to Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.
17-10-2017
Malaysian palm oil prices make further gains on higher crude oil, stronger exports
The benchmark palm oil contract price for January delivery on the Bursa Malaysia Derivatives Exchange was up 0.2 percent at 2,762 ringgit ($655.20) a tonne at the close of trade. It earlier rose to a daily high of 2,766 ringgit, the best level since Sept. 27.
17-10-2017
Innoprise Plantations Bhd named Best Under Billion Company
Innoprise Plantations Bhd (IPB) was named the Best Under Billion Company during Focus Malaysia's Best Under Billion Award ceremony held on 13th October 2017.
17-10-2017
Focused government policies can make India self-reliant in edible oils
With the right kind of policy initiatives by the government, the country can not only become self-reliant in terms of production but even export some of its indigenous edible oils like mustard oil.
17-10-2017
KLCI closes slightly lower despite oil rally, firmer ringgit
Blue chips closed lower on Monday as investors were unfazed by the recent strong economic data, a rally in crude oil prices and a firmer ringgit.
17-10-2017
GLOBAL MARKETS-Wall Street hits new highs; oil surges after Kirkuk
Wall Street closed at record highs, the dollar edged up and copper touched a three-year peak on Monday as upbeat Chinese data drove optimism about the world's second-biggest economy, while oil prices jumped due to supply worries after Iraqi forces seized the oil-rich city of Kirkuk from Kurdish fighters.
17-10-2017
Government to distribute seeds for major commodities
The government will distribute 35 million seeds and seedlings of main commodities such as cacao, coffee and rubber to small-scale growers.
17-10-2017
European vegetable oil prices 1600 GMT - Oct 16
(Corrects first position on rapeoil to Nov17/Jan18) Published below are the lowest available asking prices euro $1.1807 SOYOIL EU degummed euro tonne fob exmill