Archived News
20-01-2017
Improved Buying Lifts Soy Oil
20/01/2017 (Hindu Business Line) - Baring groundnut oil, majority of oils in Indore mandis edged higher on improved buying support with soy refined being quoted at ₹732-35 (₹725-28 last week), while soy solvent ruled at ₹700-705 for 10 kg. Cotton oil rose to ₹700, (while palm oil quoted at ₹695, and groundnut oil at ₹1,020-40 a quintal).
20-01-2017
Firms Sign Pact To Develop Biogas Power Plant
20/01/2017 (Bernama) - PT Herfinta Farm & Plantation, Envitec Biogas AG and Calfield Sdn Bhd have signed a joint venture shareholder agreement to develop a four-megawatt biogas power plant in North Sumatra, Indonesia.
20-01-2017
Crude Palm Oil Futures Extend Slide, Shed 0.17% on Low Demand
20/01/2017 (Business Standard) - Continuing its falling streak for the third straight day, crude palm oil prices eased further by 0.17 per cent to Rs 584.60 per 10 kg in futures trade today as traders engaged in reducing their positions amid muted demand at domestic spot market.
20-01-2017
Plantation Asset Demerger to Unlock Value For Sime Darby
20/01/2017 (Daily Express) - Sime Darby Bhd may opt to demerge its plantation business while merging its property division under Permodalan Nasional Bhd's (PNB) asset portfolio in a bid to create better value for existing shareholders, says UOBKayHian Research.
19-01-2017
VEGOILS-Market Factors to Watch Jan 19
19/01/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
19-01-2017
Rotterdam Vegetable Oil Prices
19/01/2017 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:
19-01-2017
Muted Demand Drag Down Crude Palm Oil Futures By 0.19%
19/01/2017 (Business Standard) - Crude palm oil prices softened by 0.19 per cent to Rs 586.60 per 10 kg in futures trade today as participants reduced their exposure amid subdued demand in the spot market against ample stocks.
19-01-2017
Indonesia Palm Output Likely Dropped in Dec, First Decline in Months -Reuters Survey
19/01/2017 (Reuters) - Indonesia's crude palm oil (CPO) output likely fell slightly in December, ending a seven-month run of gains in the world's top producer of the commodity used in everything from chocolate to biofuels, a Reuters survey showed.
19-01-2017
Palmolein, Soyabean Oils Up on Retailers Demand
19/01/2017 (Business Standard) - Prices of palmolein and soyabean oil rose by Rs 50 per quintal at the wholesale oils and oilseeds market today on pick-up in demand from retailers.
19-01-2017
Plantation Asset Demerger to Unlock Value For Sime Darby
19/01/2017 (The Star) - Sime Darby Bhd may opt to demerge its plantation business while merging its property division under Permodalan Nasional Bhd’s (PNB) asset portfolio in a bid to create better value for existing shareholders, says UOBKayHian Research.
19-01-2017
Asian palm oil prices to remain strong in Q1 2017: Rabobank’s Chow
19/01/2017 (Hellenic Shipping News) - Palm oil prices on the Bursa Malaysia exchange should continue to be supported in the first quarter of 2017, with price levels hovering around MR 3,000/mt or $672.75/mt, Kelvin Chow, food and agribusiness analyst at Rabobank Singapore said.
19-01-2017
NGOs Admit Oil Palm Not Main Cause of Deforestation
19/01/2017 (Borneo Post) - Beef and soya bean industries are the main culprits for more forest disappearing internationally and not palm oil as often claimed.