Archived News
03-08-2017
CPO Price Could Hit RM3,000 per MT
03/08/2017 (Borneo Post) - Crude palm oil (CPO) prices could surge to RM3,000 per metric tonne (MT) should dry weather conditions in the United States continue throughout August.
03-08-2017
Muted Demand Drags Down Crude Palm Oil Futures 0.31%
03/08/2017 (Business Standard) - Crude palm oil prices declined by 0.31 per cent to Rs 488 per 10 kg in futures trading today as speculators cut down positions amid easing demand in the spot market against adequate stock position.
03-08-2017
Sesame, Cottonseed Oils Slide on Subdued Demand
03/08/2017 (Business Standard) - Prices of sesame and cottonseed oils fell by up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand.
03-08-2017
AM Markets: Grain Futures Recover, as Talk Turns to Demand
03/08/2017 (AgriMoney.com) - Grain futures started on a brighter note.
03-08-2017
KUB Obtains Shareholders’ Nod For RM100.4 Million Land Acquisition
03/08/2017 (Borneo Post) - KUB Malaysia Bhd (KUB) yesterday received shareholders’ approval at its Extraordinary General Meeting for the acquisition of a brownfield oil palm plantation land in Sungai Kinabatangan, District of Kinabatangan, Sabah.
03-08-2017
Algorithmic Application For Import Duties Would Create A More Transparent Environment
03/08/2017 (Financial Express) - Three agro-commodities namely—edible oils, sugar and wheat—are engaging immediate attention of the government with respect to custom/import duties. Reasons—their prices abroad are much lower than in India. Domestic production of edible oil by oilseed crushing/refining units and sugar by sugar mills will stand to lose if duty free import is permitted or insufficient duty is applied, while farmers will suffer if duty free import of wheat is authorised.
03-08-2017
PepsiCo Now Traces 90% of Palm Oil Back to the Mill to Ensure Future Supply
03/08/2017 (Environmental Leader) - Making food systems more sustainable – and thus ensuring a steady supply of the products necessary to food production – is a key factor in the ongoing financial success of food manufacturers, and an issue that is proving that sustainability is an important aspect of an overall business strategy.
03-08-2017
Indian Soyoil Futures Fall For Second Straight Session
03/08/2017 (Reuters) - Indian soyoil futures were set to close lower for a second straight session on Wednesday, tracking rival Malaysian palm.
02-08-2017
Malaysian palm oil/Vegoils: Market factors to watch Wednesday August 2
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Aug 2.
02-08-2017
Indonesia's palm oil exports 'to hit record' in 2017-18
Indonesian palm oil exports will hit a record, lifted by better-than-expected production, and a boost to demand from the spring retreat in prices, US officials said.
02-08-2017
Malaysian palm oil price dips on expectation of higher production
KUALA LUMPUR: Malaysian palm oil futures dropped on Tuesday evening, falling from a near four-month high the previous session, due to expectations of a rise in production in the coming months.
02-08-2017
Palm oil may retrace more to 2,623 ringgit
SINGAPORE, Aug 2 (Reuters) - The palm oil October contract may retrace more to 2,623 ringgit per tonne, as it failed to break a strong resistance at 2,703 ringgit.