Archived News
17-10-2017
Palm oil prices make further gains on higher crude oil, stronger exports
Malaysian palm oil futures extended gains on Monday evening, recording a fourth straight day of wins tracking higher crude oil prices and stronger export data from cargo surveyors.
17-10-2017
India Palm Oil Imports Climb for Eighth Month on Festive Demand
Palm oil imports by India, the world’s biggest buyer, climbed for an eighth straight month in September as lower international prices prompted traders and refiners to buy more to meet festival demand.
17-10-2017
Biofuel palm oil ban ‘has little impact on reducing deforestation’
A general ban on palm oil in biofuels in Europe punishes the wrong producers while having little impact on reducing deforestation, according to Jaboury Ghazoul, a professor of ecosystem management at ETH Zurich. He claims in an article published by the university that banning palm oil actually blocks good practice.
16-10-2017
'No palm oil' labels: Govt acts to protect industry
A recent media article by Plantation Industries and Commodities Minister Datuk Datuk Seri Mah Siew Keong brought the issue of “No Palm Oil†labels to wider attention.
16-10-2017
‘MPOC investment in orang utan paying off'
The state government has managed to increase and stabilise the number of orang utan in Sabah despite active oil palm cultivation due to proper and balanced management.
16-10-2017
Kim Loong to expand into bio-gas power supply soon
Group expected to supply 1.8MW to TNB grid by year-end.
16-10-2017
Palm oil to rise into 2,782-2,812 ringgit range
Palm oil Jan. contract is expected to rise into a range of 2,782-2,812 ringgit per tonne, as suggested by a Fibonacci retracement analysis and an inverted head-and-shoulders.
16-10-2017
Palm oil edges up on European vegoils market
Palm oil on the European vegetable oils market was offered mostly firmer on Thursday, tracking gains in Malaysian palm oil futures that were buoyed by technical buying
16-10-2017
Banning oil palm blocks good practices
Palm oil is not equal to palm oil: Since plantations differ massively in environmental and social criteria, a general ban of palm oil in biofuels, as recently discussed by the European Union, would punish the wrong producers while having little impact on reducing deforestation.
16-10-2017
US soybean oil net exports jump on week: USDA
US soybean oil net export sales rose 32,836 mt, or 1,284.2%, last week, Department of Agriculture data showed.
13-10-2017
VEGOILS-Market Factors to Watch October 13
13/10/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
13-10-2017
Rotterdam Vegetable Oil Prices
13/08/2017 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT: