Archived News

27/02/2017 (Bangkok Post) - The Myanmar government will take legal action against those found to be selling fake cooking oil from March, says Kyaw Win, Union Minister for Planning and Finance.

27/02/2017 (Business Standard) - Groundnut oil prices strengthened by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today due to increased demand from retailers against tight supplies.

27/02/2017 (Associated Press of Pakistan) - Edible oil imports into the country during last seven months of current financial year reduced by 51.68 percent as compared to the corresponding period of last year.

27/02/2017 (Bernama) - The Plantation Industries and Commodities Ministry has set a timeline for the Malaysian Sustainable Palm Oil (MSPO) certification mandatory compliance with the aim of uplifting the industry to the global standard.

27/02/2017 (New Straits Times) - Financial aid is being prepared for smallholders by June 2017 to push for the implementation of the government-driven Malaysian Sustainable Palm Oil (MSPO) certification.

27/02/2017 (The Daily Star) - Edible oil prices declined by nearly 6 percent at the wholesale markets in Khatunganj, a trading hub in the port city, in 10 days because of the falling global prices of the commodity.

24/02/2017 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

24/02/2017 (Reuters) - The following were Thursday's Rotterdam vegetable oil prices at 1700 GMT:

24/02/2017 (Hindu Business Line) - Edible oils witnessed bearish trend on Thursday tracking weak futures, recovery in rupee amid absence of fresh bulk demand. On BCE imported palmolein and soya oil declined by Rs2 each. All other edible oils were steady.

24/02/2017 (Hindu Business Line) - Sluggish trend continued in oils and oil seeds on slack physical demand, weak global cues and increased arrival of new mustard seeds across the country with soy refineddeclining to ₹662-65 for 10 kg.

24/02/2017 (Pakistan Observer) - Three ships C.V Maersk Stepnica, M.T Maria- III and M.T Chemroad Mega carrying containers, LPG and palm oil were allotted berths at Qasim International Container Terminal, Engro Vopak Terminal and Liquid Cargo Terminal respectively on Wednesday.

24/02/2017 (Borneo Post) - Sabah-based Hap Seng Plantations Holdings Bhd’s (HSP) financial year 2016 (FY16) performance exceeded expectations and analysts expect the company to continue reporting steady growth ahead.