Archived News

09/12/2016 (Hindu Business Line) - Oils and oilseeds in Indore mandis showed a mixed trend with soya oil declining on weak global cues and buying support, while palm, cotton and groundnut oils edged higher from last week on improved buying.

09/12/2016 (Business Standard) - Crude palm oil prices fell 0.67 per cent to Rs 567 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.

09/12/2016 (The Star) - The Government is urging local palm oil companies to go downstream and become “price makers” by embracing science, technology and innovation to reap the rewards of the sector.

08/12/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

08/12/2016 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:

08/12/2016 (Bernama) - Malaysia's total trade from January-October 2016 was slightly lower at RM1.206 trillion compared to the RM1.210 trillion posted in the same period of last year.

08/12/2016 (Hindu Business Line) - Crude Palm Oil (CPO) prices have been surging continuously over the last several weeks. Prices have skyrocketed over 10 per cent since the first week of November.

08/12/2016 (Guardian) - The palm oil industry is one of the world’s biggest, projected to be worth $88bn (£70bn) by 2022. While it has pumped billions into the local economies of countries like Indonesia and Malaysia, the aggressive expansion of the industry has also become synonymous with widespread environmental and community destruction.

08/12/2016 (Business Standard) - Crude palm oil prices were up by 0.46 per cent to Rs 566.50 per 10 kg in futures trade today as traders created fresh positions, supported by pick-up in demand at the spot market.

08/12/2016 (Business Standard) - Groundnut oil prices rebounded by Rs 200 per quintal at the wholesale oils and oilseeds market today following pick up in demand from retailers against restricted supplies from producing regions.

08/12/2016 (Jakarta Globe) - The price of palm kernel oil, trading at near six-year highs, will remain elevated until early 2017 amid tight supply before slipping as palm production recovers, traders and manufacturers said.

08/12/2016 (The Star) - Negri Sembilan, a major palm oil producing state, will no longer allow the palm to be grown in swampy areas and abandoned padi fields to prevent the state from “drying up”.