Archived News

02/03/2017 (Triple Pundit) - Oil palm is a paradox. It’s a crop that by any measure has created a tremendous amount of both social strife and environmental damage. Be it the destruction of millions of acres of primary forest — on several continents — or the relentless pressure on endangered species such as the Sumatran Tiger, Orangutan, and many other mammals, birds and insects. Many of these animals have even been driven to the edge of extinction.

02/03/2017 (AgriMoney.com) - February 28, 1983 brought one of the biggest television audiences in history, witnessing the final episode of M*A*S*H which was watched by well over 100m people.

02/03/2017 (Reuters) - Indian soyoil futures fell on Wednesday despite a rise in the prices of soyoil contract on the Chicago Board of Trade (CBOT) and Malaysian Palm.

02/03/2017 (Hindu Business Line) - Higher volume was witnessed in Edible oils on Wednesday as stockiest gave fresh orders tracking sharp jump in overnight sharp jump in Chicago Soya oil futures and firm Malaysian palm oil. On BCE price wise imported palmolein, soya oil and groundnut oil rule steady but sunflower, rapeseed and cotton oil gained by Rs5 each.

02/03/2017 (Hindu Business Line) - Crude palm oil futures prices have recently fallen below the psychological level of Malaysian Ringgit 3,000 a tonne.

01/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

01/03/2017 (Reuters) - Malaysian palm oil futures recovered late on Tuesday, tracking stronger soyoil prices after hitting their lowest level in nearly four months earlier in the day.

01/03/2017 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

01/03/2017 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is undertaking improvement initiatives which includes further cuts in general administration costs in an effort to boost efficiency for the current financial year ending Dec 31, 2017.

01/03/2017 (Indonesia Investment) - Indonesia kept its export tax for crude palm oil (CPO) shipments at USD $18 per metric ton for March 2017 as the government's March reference CPO price was determined at USD $825.8 per ton, up 1.27 percent (m/m) from the reference price in the preceding month. When this reference CPO price of Indonesia is set below USD $750 per ton, the export tax is scrapped. When the price reaches the range of USD $750 - $800, then Indonesian authorities introduce a USD $3 per ton export tax, followed by a USD $18 per metric ton export tax if the reference price rises to the range of USD $800 - $850 per ton.

01/03/2017 (Outlook India) - Crude palm oil prices inched up by 0.13 per cent to Rs 526.20 per 10 kg in futures trade today as speculators built up fresh positions amid uptick in demand in the spot market.

01/03/2017 (EurActiv) - The biofuels industry urged member states yesterday (27 February) to review the European Commission’s proposal on post-2020 biofuel use in transport.