Archived News

21/02/2017 (Hindu Business Line) - Malaysian palm oil futures on BMD fell lower for the third consecutive session, falling to their lowest since mid-November, as slowing demand and expectations of higher supplies weighed on the market.

21/02/2017 (Hindu Business Line) - With industry backing and consumer awareness, eco-friendly palm oil can find a lucrative market in the country

21/02/2017 (Reuters) - Singapore's Wilmar International Ltd, the world's largest palm oil processor, said its fourth-quarter net profit rose 70 percent, thanks to stronger results across its businesses, particularly its tropical oils and sugar segments.

21/02/2017 (Reuters) - Malaysian palm oil futures slid for a third consecutive session on Monday, falling to its lowest since mid-November as slowing demand and expectations of higher supplies weighed on the market.

21/02/2017 (India.com) - Crude palm oil prices were down by 0.14 per cent to Rs 558.20 per 10 kg in futures market today as participants reduced their exposure on the back of subdued demand at the spot.

21/02/2017 (Reuters) - Wilmar International Ltd said its fourth-quarter profit rose 70 percent, helped by strong results across its business segments.

21/02/2017 (The Star) - IOI Corp Bhd registered a sharp decline in earnings for the last three months of 2016, as the decline in the value of the ringgit resulted in foreign currency translation losses.

21/02/2017 (India.com) - Palmolein oil prices eased further by Rs 50 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers.

21/02/2017 (Bernama) - RHB Research Institute has revised upward Malaysia’s export growth forecast to 6% this year from an earlier expectation of 2%.

21/02/2017 (Bernama) - The Ministry Of Plantation Industries and Commodities has extended the tenure of office of Malaysian Palm Oil Council’s (MPOC) Chairman, Datuk Lee Yeow Chor, for two more years, effective Feb 22, 2017.

20/02/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

20/02/2017 (Reuters) - The following were Friday's Rotterdam vegetable oil prices at 1700 GMT: