Archived News
08-12-2017
Palm oil futures drop
KUALA LUMPUR: Malaysian palm oil futures fell to a near five-month low on Wednesday evening, charting a third straight day of losses, on expectations of rising stockpiles and slowing demand
08-12-2017
VEGOILS-Palm falls for fourth session, tracking weakness in related oils
* Palm hits lowest in nearly five months at 2,506 rgt * Palm down 3 pct so far this week * Palm may test support at 2,519 rgt/tonne - Technicals
08-12-2017
Nigeria Spends $3.2bn On Importation Of Palm Oil In 10yrs
Nigeria has imported palm oil worth over $3.2billion in the last ten years, LEADERSHIP can authoritatively report.
08-12-2017
Palm oil may test support at RM2,519
SINGAPORE (Dec 7): The palm oil third-month contract may test a support at RM2,519 per tonne, a break below which could cause a loss to the next support at RM2,491
08-12-2017
FGV implements customised training programme for its key stakeholders
KUCHING: Felda Global Ventures Holdings Berhad (FGV) has implemented a structured, systematic and customised training programme for its key stakeholders.
08-12-2017
Cooking oils slip on weak cues
Mumbai, December 7: Edible oils market witnessed a bearish trend on Thursday tracking weak futures amid slack demand for ready. Malaysian palm oil, Chicago soya oil and NCDEX soya oil futures were down on expectation of bearish palm oil data to be released on Tuesday. On the BCE, groundnut, sunflower, cotton oil and palmolein declined by ₹5 per 10 kg each as local refineries have cut their rates in line with bearish foreign markets. With limited activities morale was weak, said sources.
07-12-2017
Rich valuations and unexciting earnings growth ahead for plantation sector
KUALA LUMPUR: UOB KayHian Research maintained its Underweight stance on the Malaysian plantation sector, on rich valuations and unexciting earnings growth compared to peers listed in Singapore and Indonesia.
07-12-2017
Palm oil edges up on stable ringgit, technical rebound
KUALA LUMPUR (Dec 6): Malaysian palm oil futures edged up in early trade on Wednesday on support from a stable ringgit and a technical rebound, after a fall to a more than four-month low in the previous session.
07-12-2017
A Close-Up Of The Malaysian Sustainable Palm Oil Scheme
Can the EU meet their Paris Agreement Goals without palm oil in the mix? Palm oil has been gaining popularity as a biofuel in the EU due to its affordability but it is being rejected as a renewable source of energy based on accusations of deforestation which is claimed to negate any carbon savings from using this grown source of energy.
07-12-2017
European vegoils-Palm oil eases on slowing demand outlook
ROTTERDAM: Palm oil on the European vegetable oils market eased on Wednesday, tracking technical selling in Malaysian palm oil futures and due to expectations of slowing demand and larger stocks.
07-12-2017
Wilmar, Golden Agri-Resources to benefit from favorable palm oil outlook: SGX
Agricultural products-related stocks are likely to have an upper hand, given the optimistic outlook for palm oil prices globally, Singapore Exchange said on Wednesday.
07-12-2017
Crude palm oil futures remain weak, shed 0.29% on low demand
New Delhi, Dec 6 Crude palm oil prices drifted further lower by 0.29 per cent to Rs 578.30 per 10 kg in futures market today as speculators engaged in reducing exposure, driven by easing demand in the spot market.