Archived News

25/01/2017 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

25/01/2017 (Reuters) - Malaysian palm oil futures gained the most in three weeks on Tuesday, ending a four-session losing streak as they tracked strong related oils on China's Dalian Commodity Exchange and on expectations of lower January output.

25/01/2017 (Bernama) - The US withdrawal from the Trans-Pacific Partnership Agreement (TPPA) has affected Malaysia's target to export RM20 billion worth of palm oil products to the 12 participating countries in the pact by 2021.

25/01/2017 (Global Trade Review) - A group of 18 organisations have come together to improve transparency and accountability in the palm oil sector, releasing a set of best-practice reporting guidelines for companies engaged in sustainable palm oil sourcing and production.

25/01/2017 (Business Standard) - Crude palm oil prices were up by 0.92 per cent at Rs 595 per 10 kg in futures trade today as traders created fresh positions supported by pick up in demand at the spot market amid firm global cues.

25/01/2017 (Hindu Business Line) - Crude Palm Oil prices has been surging consistently since November 2016.

25/01/2017 (Bloomberg) - As China welcomes the Year of the Rooster this week, bets that a recovery in Asian palm oil production will drive prices lower may be something for consumers to crow about.

25/01/2017 (The Star) - Felda Global Ventures Holdings Bhd (FGV) plans to invest RM25mil in Pakistan to expand its jetty operations in a bid to capture a bigger market share in that country as well as India and the Middle East.

25/01/2017 (The Hindu) - Being transplanted in mere 200 hectares in 1993, oil palm remained the fastest growing crop in East Godavari district encouraging more and more farmers to convert their mango groves and cashew orchards to the palm groves, taking the total extent to 26,522 hectares now. Assured market and price fixation, low input costs coupled with monthly returns have been attracting the farmers to switch over to oil palm cultivation.

25/01/2017 (Justmeans) - SCS Global Services (SCS) announced that it has officially earned accreditation as a third-party certifier under the Roundtable on Sustainable Palm Oil (RSPO) program.

25/01/2017 (The Sun) - The government will look at other ways to increase commodity exports including bilateral free trade agreements (FTAs) and entering new markets, following the US’s withdrawal from the Trans Pacific Partnership Agreement (TPPA).

24/01/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.