Archived News

23/05/2017 (Hindu Business Line) - Sentiments in edible oils market remained firm on Monday tracking firm futures amid renew physical demand. Malaysian palm oil and Chicago soya oil showed firm tend lifting domestic soya oil futures higher. Local refineries have increased their rates in line with foreign markets.

23/05/2017 (Business Standard) - The India Meteorological Department (IMD's) recent prediction of favourable monsoon in India is likely to have a positive impact for companies in the agricultural sector like Ruchi Soya Industries Limited.

23/05/2017 (FoodIngredientsFirst) - PT SMART Tbk (SMART), a subsidiary of Golden-Agri Resources Ltd (GAR), have announced its breakthrough in cultivating exceptionally high-yielding oil palm planting material, developed in the company’s research centres, SMART Research Institute’s (SMARTRI) and SMART’s Biotechnology Centre, through an advanced biotechnology programme. These planting materials – Eka 1 and Eka 2 – are registered in Indonesia’s Catalogue of Seeds and were approved for cultivation on 21 April 2017 by the Directorate General of Plantation, Ministry of Agriculture.

23/05/2017 (Biofuels International Magazine) - A subsidiary of the world’s second largest palm oil plantation company has cultivated a new palm planting material allowing an increase of oil yields to the highest levels in the industry.

23/05/2017 (Hindu Business Line) - Malaysian palm oil futures rose to their highest in a week on Monday as strong export demand put the contract on track for a second straight session of gains. CPO active month August futures moved on expected lines.

23/05/2017 (Jakarta Post) - Publicly listed specialty fats producer PT Wilmar Cahaya Indonesia (CEKA) is maintaining its conservative target in regard to the company’s revenues and profits, as uncertainty surrounding crude palm oil (CPO) continues in the world market.

23/05/2017 (Business Standard) - Crude palm oil prices today rose by 0.73 per cent to Rs 513.30 per 10 kg in futures trade amid pick up in domestic demand and restricted supplies from producing regions.

23/05/2017 (New Straits Times) - Malaysia’s palm oil industry has come a long way from 100 years ago, along with challenges and greater successes.

23/05/2017 (Oxford Business Group) - Improved weather conditions and expanded acreage should help Indonesia’s palm oil industry rebound from a weak harvest in 2016, though projections of higher output may put downward pressure on prices and have prompted calls for increased domestic consumption.

23/05/2017 (Naija247news) - The management of Okomu Oil Palm Company in Edo, said on Sunday, that it had spent N20m on whistleblowers who saved the company from incurring losses.

22/05/2017 (The Star Online) – Kuala Lumpur: Pick up any package in a supermarket and there’s about a 50% chance it’s got palm oil in it.

22/05/2017 (The Straits Times) – JAKARTA: SMART, a subsidiary of Golden-Agri Resources Ltd, has announced cultivation of a palm planting material which will enable the company to increase oil yields to the highest level in the industry.