Archived News
15-09-2017
Changes in India's import duty affects Malaysia palm oil market
14/09/2017 (ASTRO AWANI) - NEW DELHI: India remains a huge market for Malaysian palm oil exports, but recent changes in its import duty is proving to be a challenge, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.
15-09-2017
Palm oil producers rethink strategy
15/09/2017 (Khmer Times) – JAKARTA : Facing a backlash in Europe over palm oil’s environmental toll, the world’s top producers are scrambling to find new markets and even striking unusual barter deals, such as exchanging Sukhoi jets for the edible oil.
15-09-2017
Palm oil rises
15/09/2017 (The International News) - KUALA LUMPUR: Malaysian palm oil futures rose on Thursday, touching a six- month high, as they tracked a rally in Dalian´s palm olein contract higher although market stayed cautious ahead of price outlook.
15-09-2017
Crude palm oil prices may decline up to 15% by year-end
15/09/2017 (Business Standard) – In a major relief for the Indian government and consumers, crude palm oil (CPO) prices are expected to drop nearly 15 per cent by the end of 2017 owing to bumper supply from Indonesia and Malaysia -- the world’s two largest producers of the oil, according to industry experts.
15-09-2017
CB Industrial Product secures palm oil mill-related contract
14/09/2017 (The Edge Markets) - CB Industrial Product Holding Bhd, an engineering solutions provider, has secured a palm oil mill-related contract from Sime Darby Plantation Bhd.
15-09-2017
Cooking oil banned after inspection
14/09/2017 (The Himalayan Times) - Supply Management and Consumer Protection Department has imposed a ban on production and sale of cooking oil after a monitoring team from the department inspected Shivashakti Ghee Industry in Jitpur-Simara Sub-metropolitan City of Bara last night.
15-09-2017
India’s edible oil imports to fall in coming crop year: analyst
14/09/2017 (The Hellenic Shipping) - India’s edible oil imports are set to fall in 2017/18 as a bumper crop of oilseeds are carried forward and will boost domestic edible oil production in the year ahead, a leading industry analyst and trade expert said.
14-09-2017
Malaysian palm oil/Vegoils: Market factors to watch Thursday Sept 14
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday September 14.
14-09-2017
Palm oil may rise into 2,902-2,918 ringgit range
SINGAPORE - Palm oil Nov. contract may break a resistance at 2,877 ringgit per tonne, and rise more into a range of 2,902-2,918 ringgit.
14-09-2017
Robust demand lifts crude palm oil futures by 0.48%
New Delhi, Crude palm oil prices went up by 0.48 per cent to Rs 543.60 per 10 kg in futures trading today as speculators created fresh positions after uptick in demand in the spot market.
14-09-2017
Palm oil giant FGV will ‘endeavor to rehabilitate’ peatlands it trashed in Borneo
JAKARTA — After a year in which it destroyed over 1,000 hectares of peat swamp forest in violation of its own sustainability policy, palm oil giant Felda Global Ventures said it would “endeavor to rehabilitate†the damaged lands in Indonesian Borneo.
14-09-2017
European vegoils-Palm oil boosted by gains in energy markets
LONDON: Palm oil prices were higher on Europe's vegetable oil market on Wednesday, buoyed by a rise in Malaysian futures to the highest level in more than six months