Archived News
19-07-2017
Agri-commodity: Mentha oil, crude palm oil fall on sluggish demand
Mentha oil prices drifted lower by 1.03 per cent to Rs 946 per kg in futures trade today as speculators trimmed positions, driven by sluggish demand from industries at the spot market.
19-07-2017
Matang resubmits bid for Raub land, palm oil mill and other assets
Matang Bhd has resubmitted its bid to buy two parcels of land measuring 4219.79 acres in Raub, Pahang, after it failed to acquire the lots two months ago.
19-07-2017
Government wants House to scrap palm oil bill
The government has called on the House of Representative to delist the palm oil bill from its prioritized legislation program this year
19-07-2017
Malaysia, Indonesia to Complain to WTO If EU Adopts Resolution on Palm Oil
Malaysia and Indonesia will file an official complaint to World Trade Organisation (WTO) if the European Commission adopts European Parliament’s resolution on palm oil and deforestation as its official policy.
19-07-2017
Palm oil companies support government move against black campaign
Indonesian palm oil companies said they support government move in opposing black campaign against Indonesian palm oil commodities in the European Union.
18-07-2017
VEGOILS-Market Factors to Watch July 18
18/07/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
18-07-2017
VEGOILS-Palm Gains on Strong Export Data, Strength in Rival Oilseeds
18/07/2017 (Reuters) - Malaysian palm oil futures rose in early trade on Monday, supported by gains in rival oilseed soy and cargo surveyor data showing stronger export demand.
18-07-2017
No More ‘Crude’ Palm Oil
18/07/2017 (The Star) - There are plans to do away with the term “crude†to describe palm oil and the prized commodity will instead be promoted as a Malaysian premier brand, said Datuk Seri Mah Siew Keong.
18-07-2017
Rotterdam Vegetable Oil Prices
18/07/2017 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:
18-07-2017
Palm Oil Futures Test Resistance Levels
18/07/2017 (Hindu Business Line) - Malaysian palm oil futures on Monday ended lower despite initial gains in rival oilseed soy, and cargo surveyor data showing stronger export demand.
18-07-2017
Malaysia Lowers August Crude Palm Oil Export Tax to 5.5 Pct - Govt Circular
18/07/2017 (Reuters) - Malaysia, the world's second-largest palm oil producer after Indonesia, will lower its crude palm oil export tax to 5.5 percent in August from 6.5 percent in July, according to a government circular on Monday.
18-07-2017
Indonesia May Palm, Palm Kernel Oil Exports Rise 49 Pct y/y -Assoc
18/07/2017 (Reuters) - Indonesia's palm and palm kernel oil exports rose 49 percent in May from the same month a year earlier, the Palm Oil Association (GAPKI) said in a statement on Monday.