Archived News

01/02/2017 (ANTARA) - Indonesias palm oil production fell 3 percent to 34.5 million tons last year from 35.5 million tons a year earlier, the Indonesian Palm Oil Producers Association (GAPKI) said.

01/02/2017 (PRNewswire) - Hong Kong-based Plantations International, through its fully-owned Malaysian subsidiary, has completed the clearance of its last remaining oil palm trees from its palm oil plantation in Kulai, Malaysia. The clearance is designed to make way for more environmentally friendly and sustainable agroforestry crops.

01/02/2017 (The Star) - Plantation companies are projected to show strong profit growth in the last quarter of 2016, on the back of the higher price of crude palm oil (CPO), although the sector’s rebound may not be enough to make up for what analysts see as another year of disappointing earnings for corporate Malaysia.

01/02/2017 (Reuters) - Indonesia's exports of palm oil and palm kernel oil in November 2016 rose nearly 18 percent to 2.84 million tonnes from a month earlier, but dipped again by 5 percent in December 2016, the Palm Oil Association (GAPKI) said on Tuesday.

01/02/2017 (The Edge) - UOB Kay Hian is maintaining its “overweight” call on the planation sector within Singapore and the region, noting that crude palm oil (CPO) prices are likely to stay firm throughout 1H17 as supply is still relatively tight.

01/02/2017 (Reuters) - Egypt will raise the price of sugar by 14 percent and cooking oil by 20 percent at government outlets starting on Wednesday, a Ministry of Supply official said on Tuesday.

31/01/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

31/01/2016 (Business Standard) - Crude palm oil prices weakened by 0.54 per cent to Rs 572.80 per 10 kg in futures market today as participants reduced their exposure due to subdued demand in the spot market against ample stocks.

31/01/2017 (Outlook India) - Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,100,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,450, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,400, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,750, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) Rs 6,300 and Coconut (per tin) Rs 1,850-1,900

31/01/2017 (Outlook India) - Edible oils: Groundnut Mill Delivery (Gujarat) Rs 10,000,Groundnut Solvent Refined (per tin) Rs 1,800-1,900, Mustard expeller (Dadri) Rs 8,450, Mustard Pakki Ghani (per tin) Rs 1,350-1,395, Mustard Kachi Ghani (per tin) Rs 1,400-1,500, Sesame Mill delivery Rs 8,400, Soybean Refined Mill Delivery (Indore) Rs 6,900, Soybean Degum (Kandla) Rs 6,600, Crude Palm Oil (Ex-Kandla) Rs 4,700, Cottonseed Mill Delivery (Haryana) Rs 6,750, Palmolein (RBD) Rs 6,250, Palmolein (Kandla) Rs 6,300 and Coconut (per tin) Rs 1,850-1,900

31/01/2017 (ConfectioneryProduction) - DuPont Nutrition & Health has completed its move to 100% certified sustainable palm oil and palm oil derivatives in its global emulsifier production.

31/01/2017 (Reuters) - The European Food Safety Authority will re-examine its warning on health risks stemming from palm and other vegetable oils, a spokeswoman at the European body said in light of a recent study expressing less concern than EFSA.