Archived News

13/04/2017 (Outlook India) - In a restricted activity, soyabean oil prices drifted by Rs 50 per quintal at the wholesale oils and oilseeds market today due to tepid demand from retailers.

12/04/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

12/04/2017 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT:

12/04/2017 (Reuters) - Malaysian palm oil futures rebounded from a six-month low in late trade on Tuesday, snapping three earlier sessions of losses to gain on rising demand and tracking stronger-performing related oils.

12/04/2017 (ANTARA News) - A total of 266 Indonesian oil palm companies have received the Sustainable Palm Oil (ISPO) certificates on April 11, 2017, an Agriculture Ministry official said.

12/04/2017 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) and KeyGene of Netherland have signed a Memorandum of Collaboration (MoC) to establish a strategic partnership to start a joint research laboratory (Joint Lab).

12/04/2017 (New Straits Times) - Malaysia and Indonesia, in the interest of pursuing mutual respect and equal opportunity for palm oil trade, will press on for the European Union (EU) to reject the discriminatory terms passed in a recent European Parliament on a new oil palm resolution that will hurt tens of millions of tropical farmers' livelihoods.

12/04/2017 (Pakistan Observer) - Five ships C.V X-Press Kailash, C.V Tomoko, M.V Qing Hu Shan, M.T Black Pearl-110 and M.T Serengeti carrying containers, Coal, LPG and Diesel oil were arranged berthing at Qasim International Container Terminal, Multi Purpose Terminal (MW-1), Engro Vopak Terminal and FOTCO Oil Terminal respectively on Sunday.

12/04/2017 (Jakarta psot) - Indonesia kicked off on Tuesday the first international conference on the country's sustainable palm oil (ISPO) scheme in an effort to push for its implementation.

12/04/2017 (Business Standard) - Crude palm oil prices were trading up by 0.29 per cent to Rs 491.80 per 10 kg in futures trade today as traders created fresh positions, driven by pick-up in demand at the spot market.

12/04/2017 (Jakarta Post) - Palm oil businesses have urged the government to take strong action against the European Union, including retaliation, in response to a recent European Parliament resolution that they regard as detrimental to the local industry.

12/04/2017 (FoodNavigator.com) - The world’s number one palm oil supplier Wilmar International has announced a new initiative to combat "systemic labour issues" occurring in its supply chain.