Archived News

10/01/2017 (Business Standard) - Crude palm oil prices declined by 0.36 per cent to Rs 582.70 per 10 kg in futures trade today as participants reduced their exposure amid easing demand in the spot market against ample stocks position.

10/01/2017 (The Star) - The establishment of Malaysian Sustainable Palm Oil (MSPO) certification is a testimony of Malaysia’s long-term commitment towards sustainable production of palm oil.

10/01/2017 (Hindu Business Line) - Edible oils prices ruled mixed on back of slack demand amid firm futures. On the BCE, groundnut oil declined by ₹10, cotton oil and palmolein rose by ₹2 per 10 kg each. Activities were limited with thin volumes but firm overseas futures kept domestic market cautious and steady. Source said as stockists stayed away from fresh bulk buys the market remained low. Local refineries kept their rates unchanged. Liberty’s rates: palmolein ₹630, super palmolein at ₹651 and soyabean refined oil ₹725. Ruchi traded sunflower oil at ₹707.50.

10/01/2017 (Bernama) - Sabotage by traders and consumers' greed are among the causes that contributed to the shortage of cooking oil in the one-kg pack in several supermarkets and retail shops in Sabah.

09/01/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

09/01/2017 (Reuters) - The following were Friday's Rotterdam vegetable oil prices at 1700 GMT:

09/01/2017 (Reuters) - Malaysian palm oil futures saw a third straight session of declines on Friday evening, hitting their lowest in two weeks, as weaker performing rival oils and a stronger ringgit weighed on prices.

09/01/2017 (Business Standard) - Crude palm oil prices recovered by 0.68 per cent to Rs 576 per 10 kg in futures trade today as traders built up fresh positions, driven by uptick in demand at the domestic spot market.

09/01/2017 (Sun.Star) - The least known palm oil industry in the province has got a new advocate pushing for its promotion as "a viable high-value crop" farmers can consider.

09/01/2017 (Borneo Post) - Malaysian palm oil futures posted third consecutive day losses and closed at 3,076 on Friday as market weighed by stronger ringgit and rival oil markets losses while market underpinned by bullish sentiment on upcoming industry regulator report.

09/01/2017 (Graphic Online) - The General Manager of Benso Oil Palm Plantation Limited (BOPP), Mr Samuel Avaala, has called on the government and policy makers to review policies on oil palm production to create a favourable business environment.

09/01/2017 (Business Standard) - Barring a rise in cottonseed oil prices on mild demand from retailers, rest other edible and non-edible oils held steady at the wholesale oils and oilseeds market today.