Archived News

01/12/2016 (The Nation Newspaper) - The Federal Government has been urged to encourage large-scale palm oil production for export in order to boost the country’s foreign exchange earnings.

01/12/2016 (Business Standard) - Crude palm oil prices fell further by 0.18 per cent, to Rs 551.10 per 10 kg in futures market today as traders engaged in cutting down their positions, tracking a weak trend at spot market on tepid demand.

01/12/2016 (The Sun) - Aqua Ecotech Sdn Bhd (AquaEco) estimates that RM1.2 billion worth of oil can be recovered in Malaysia annually using its palm oil raw sludge filtration system, AquaEco-SRORS (Solids Removal Oil Recovery System), which the little-known company launched yesterday.

01/12/2016 (Nigerian Observer) - The House of Representatives, on Wednesday called on the Federal Government and states of palm oil producing zones to take necessary measures to encourage large scale production of Palm oil for export to earn foreign exchange.

01/12/2016 (Reuters) - Malaysian palm futures reversed course to gain in late trade on Wednesday as they tracked a rally in crude oil prices, following stronger prospects that oil supplies could be cut.

01/12/2016 (Forbes) - Today Amnesty International has published a damning new report into the practices of major consumer goods multinationals. The human rights NGO unpicks the palm oil supply chain and finds evidence of forced labor, child employment and dangerous working conditions within the palm oil supply chain.

30/11/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

30/11/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

30/11/2016 (Bernama) - The outlook for the country's palm oil sector next year is bright on the back of higher global demand.

30/11/2016 (Bernama) - PT Minamas Gemilang, the Indonesian unit of Sime Darby Plantation, is undertaking an aggressive replanting programme to improve production yield.

30/11/2016 (The Star) - TH Plantations Bhd's earnings jumped in the third quarter ended Sept 30, 2016 as higher crude palm oil (CPO) and palm kernel (PK) prices more than offset the effects of lower production and yields, which continue to suffer from the lagged effect of El Nino.

30/11/2016 (Business Standard) - Crude palm oil prices softened by 0.47 per cent to Rs 553.50 per 10 kg in futures trading today as participants trimmed their positions ahead of monthly expiry amid subdued demand at the spot markets.