Archived News
20-06-2017
Mixed Trend in Edible Oils
20/06/2017 (Hindu Business Line) - Barring palmolein which rose by ₹2, all other edible oils were unchanged on back of limited demand amid weak overseas futures. Malaysian palm oil futures close lower keeping domestic soya oil futures prices under pressure with thin volatility. Morale was steady. Progress of rain could be the main factor every one looking eagerly for the future trend of market. Ahead of GST stockiest / traders stay away from fresh bulk inventory buying. They have bought enough in last two weeks. During the day hardly 150-200 tonnes palmolein resold at ₹542-547. Demand for indigenous oils were lacking said sources.
20-06-2017
Felda Global Ventures Share Price Rises 4.5%
20/06/2017 (The Star) - The share price of plantation company Felda Global Ventures Holdings Bhd (FGV) rose to RM1.84, up 4.55% as investors continued to react positively to confirmed news of a change in the company’s top leadership.
20-06-2017
Malaysia Palm Giant Chairman Resigns Amid Leadership Tension
20/06/2017 (Bloomberg) - The chairman of Felda Global Ventures Holdings Bhd. resigned amid a leadership tussle and graft probe at the world’s biggest crude palm oil producer. Shares in the Malaysia state-linked company rose.
20-06-2017
Indonesia Palm Oil Stockpiles Likely Fell in May as Exports Rose - Reuters Survey
20/06/2017 (Reuters) - Indonesia's palm oil stockpiles likely fell in May as exports increased because of higher consumer demand ahead of the start of the Islamic holy month of Ramadan, a Reuters survey showed.
20-06-2017
Crude Palm Oil Futures Gain 0.39% on Demand Uptick
20/06/2017 (Business Standard) - Essar oil reports 10% rise in oil throughput Govt to sign oil & gas field contracts on Monday Air pollution: NGT raps oil firms over data on diesel trucks Oil tanker workers end strike HC directs TN govt to urgently look into oil spill issue
20-06-2017
CPO Hits 2-week High Despite Slowing Exports Forecast
20/06/2017 (The Star) - Malaysian palm oil futures rose to their highest in two weeks on Monday in a fourth consecutive session of gains, tracking other edible oils and on forecasts of lower end-stocks in Indonesia.
20-06-2017
Isa Resigns From FGV Posts
20/06/2017 (The Star) - Felda Global Ventures Holdings Bhd (FGV) has announced the resignation of its chairman Tan Sri Mohd Isa Abdul Samad.
20-06-2017
Palm Oil Sector Moves to Save Orangutans and Put Child Rights Into RSPO Standards
20/06/2017 (FoodNavigator.com) - Three major new initiatives have been launched to tackle human rights, wildlife conservation and concessions’ data across the palm oil supply chain.
19-06-2017
Nigeria can be net exporter of oil palm — Solidaridad
AS the country continues to grapple with economic recession, an international agricultural development organisation, Solidaridad West Africa, said oil palm development can diversify the economy to generate foreign exchange.
19-06-2017
Judge finds ‘No Palm Oil’ labels misleading
PETALING JAYA: A Belgian Court of Appeal in Brussels has made a landmark ruling that ‘No Palm Oil’ labels and similar claims are misleading and without merit.
19-06-2017
Palm oil gains over 1% on stronger rival oils, weaker ringgit
KUALA LUMPUR: Malaysian palm oil futures rose more than 1 percent on Friday evening, charting a third straight day of gains, supported by a weaker ringgit and rising related edible oils.
19-06-2017
FGV active, up on hints of boardroom changes
KUALA LUMPUR (June 19): Shares of Felda Global Ventures Holdings Bhd (FGV) were up two sen at mid-morning today, following news reports that there could be leadership changes in the company, which may also involve its chairman.