Archived News

25/05/2017 (Bernama) - The Palm Oil and Rubber New Economic Area (NKEA) will continue to pursue new and existing initiatives to increase productivity and improve the livelihood of stakeholders in the upstream industry, as well as further add value in the downstream.

25/05/2017 (Bernama) - Felda Global Ventures Holding Berhad (FGV) has rented out 125 hectares of its land in Felda Palong 21 here to Syarikat C Senhuat Sdn Bhd which will use it to implement a watermelon farming project.

25/05/2017 (Tempo.co) - Representatives of the European Parliament (EP) meets with Coordinating Minister for Economic Affairs Darmin Nasution today, May 24, to discuss the economy, trade and investment between the European Union (EU) and Indonesia.

25/05/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

25/05/2017 (Reuters) - Malaysian palm oil futures fell more than 1 percent on Wednesday evening, dipping to their lowest in nearly three weeks, as they tracked weaker-performing soyoil on the Chicago Board of Trade and China's Dalian Commodity Exchange.

25/05/2017 (Borneo Post) - Ta Ann Holdings Bhd’s (Ta Ann) first quarter of 2017 (1Q17) results came above expectations, driven by its plantations division which is also expected to continue supporting the group’s growth going forward.

25/05/2017 (Today Online) – Indonesian President Joko Widodo has approved a two-year extension to a moratorium on issuing new licences for land earmarked as primary forest and peatland, the Environment and Forestry Minister said yesterday.

25/05/2017 (The Star) - TSH Resources Bhd saw its core profit before tax (PBT) for the first quarter ended March 31, 2017 jump 63% year-on-year to RM41.1mil, mainly due to higher average crude palm oil (CPO) prices and higher fresh fruit brunch (FFB) production as well as higher profit contribution from an associate company.

25/05/2017 (Reuters) - Palm oil demand from China, the world's No.2 importer of the commodity, is set to drop in coming months as supplies of alternative edible oils flood local markets, industry sources said.

Thousands of small farmers were forced from their lands and homes by paramilitaries in Colombia's Santa Maria mountains, writes Paula Álvarez. But now as a welcome peace allows their return from involuntary exile, they find a new enemy that has come to stay - huge plantations of oil palm that have obliterated the mixed, patchwork landscape of small fields, villages, and swathes of forest on steep-sided hills that they used to inhabit.

May 23, 2017 (Economic Times) - NEW DELHI: Crude palm oil prices fell 0.60 per cent to Rs 511.80 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand at the spot market. Sufficient stocks position following increased supplies from the producing belts too fuelled the downtrend. At the Multi Commodity Exchange, crude palm oil for delivery in June eased by Rs 3.10, or 0.60 per cent, to Rs 511.80 per 10 kg, in a business turnover of 271 lots. On similar lines, the oil for delivery this month traded lower by Rs 2.50, or 0.47 per cent, to Rs 522.70 per 10 kg in 174 lots. Analysts said besides profit-booking by speculators at prevailing higher levels, fall in demand at the spot market, mainly weighed on crude palm oil prices.

Research and Markets has announced the addition of the "UAE Palm Oil Market Analysis By Product (Crude Palm Oil (CPO), Palm Kernel, RBD, PKO, Olein, Stearin), By Application (Edible Oil, Cosmetics, Bio-Diesel, Lubricants, Surfactants), Competitive Insights, And Segment Forecasts, 2014 - 2025" report to their offering.