Archived News

28/09/2017 (TODAY.NG) - The Oil Palm Growers Association of Nigeria (OPAGAN), on Wednesday, expressed optimism that the ongoing transformation efforts in the agricultural sector would pull Nigeria out of economic woes.

28/09/2017 (Hindu Business Line) - Groundnut oil and palmolein extended gain by ₹25 and 2 each in edible oils market on Wednesday on firm reports from producing centers amid weak rupee which makes import costly. Rupee weakened to ₹65.70 level against US dollar taking total loss of ₹1.70 in last 15 days. Other edible oils were steady on need base activities. Overseas palm and soya oil complex showed steady trend with thin volatility. Soya oil on NCDEX was down by ₹2-2.50 till evening. Morale was steady said sources.

28/09/2017 (AgriMoney.com) - Cocoa is the best bet among crop commodities, with corn and sugar posting the potential for gains too, said Rabobank, while saying it was "bearish" on cotton, and on palm oil too despite lifting price expectations for the vegetable oil.

27/09/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

27/09/2017 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT:

27/09/2017 (Reuters) - Malaysian palm oil futures rose on Tuesday, recovering from more than 2 percent losses in the previous two sessions, as it tracked gains in global crude oil prices and rival oilseed soy on the Chicago Board of Trade.

27/09/2017 (Borneo Post) - Sabah will have its first oleochemical/fatty acid plant using industrial grade palm oil for the making of Stearic Acid (primary product) and Soap Noodles (secondary product).

27/09/2017 (The Star) - Another local oil palm growers scheme, Golden Palm Growers Scheme (GPGS), bites the dust after seven years in operation.

27/09/2017 (Hindu Business Line) - Edible oils market witnessed a firm trend on Tuesday on the back of bullish futures amid higher physical demand for ready and forward. Firm US dollar which makes imports costlier also weighed. Malaysian palm oil, Chicago soya oil and NCDEX soya oil showed a firm trend lifting sentiments in domestic markets.

27/09/2017 (The Star) - Sarawak Oil Palms Berhad (SOPB) will offer 100 free bottles of Merris cooking oil in a tie-up with See Hua Marketing Sdn Bhd – the publisher of See Hua Daily News, The Borneo Post and Utusan Borneo.

27/09/2017 (ANTARA) - Indonesia is able to supply up to eight million tons of sustainable palm oil to the European market to meet demand in the region estimated to reach six million tons by 2020.

27/09/2017 (Business Standard) - Crude palm oil prices rebounded by 0.56 per cent to Rs 542.60 per 10 kg in futures trade today as speculators enlarged positions, taking positive cues from spot market on uptick in demand.