Archived News
14-09-2017
Malaysian palm oil price rises to 6-month high on industry outlook
KUALA LUMPUR: Malaysian palm oil futures gained for a third straight session to hit their highest in more than six months on Wednesday, as trading breached a psychological barrier and market was upbeat about the industry outlook.
14-09-2017
Palm oil higher
KUALA LUMPUR: Malaysian palm oil futures extended gains to hit their highest in more than six months on Wednesday, but a slide in soyoil prices curbed the rally.
13-09-2017
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Sept 13
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Sept 13
13-09-2017
Palm oil exports up for 2nd month by 6.4% m-o-m
Plantation sector Maintain neutral: Malaysian crude palm oil (CPO) production decreased slightly by 0.9% month-on-month (m-o-m) to 1.81 million tonnes in August after a strong rebound in July.
13-09-2017
Malaysian palm oil price jumps 1% ahead of USDA report
KUALA LUMPUR: Malaysian palm oil futures rebounded on Tuesday after initial profit taking to record a second straight session of gains, as the market anticipated positive data from the United States Department of Agriculture (USDA).
13-09-2017
Under EU attack, top palm oil producers rethink trade strategy
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.
13-09-2017
Palm oil stocks to breach 2 million tonnes
PETALING JAYA: Palm oil stockpiles are expected to breach the two-million tonne psychological level this month after steadily rising over the past four months.
13-09-2017
Palm oil may rise into 2,853-2,877 ringgit range
SINGAPORE, Sept 13 (Reuters) - Palm oil Nov. contract may break a resistance at 2,836 ringgit per tonne, and rise more into a range of 2,853-2,877 ringgit.
13-09-2017
IOI Corp divests 70% stake in Loders Croklaan for RM4bil
KUALA LUMPUR: IOI Corp Bhd is divesting a 70% stake in its wholly-owned specialty oils and fats manufacturing arm Loders Croklaan Group BV and related businesses for about RM4bil in cash.
13-09-2017
Malaysia palm oil stockpiles up in August
Malaysian palm oil stockpiles climbed again in August, but did not breach the two-million-tonne mark due to stronger-than-expected exports of the commodity, used to churn out products ranging from chocolate to shampoo.
13-09-2017
Palm Oil Producers Look to Emerging Markets After E.U. Backlash
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.
13-09-2017
National Mission on Oilseed & Oil Palm in Goalpara
A total of 340 hectares of wasteland has been covered till date out of a target of 600 hectares under oil palm plantation by the district under the Centrally-sponsored National Mission on Oilseed & Oil Palm (NMOOP) 2017-18