Archived News

24/11/2016 (Daily Nation) - Kenya manufacturers who rely on palm oil will be adversely affected following the decision by African states to cut the crop’s production by 70 per cent in a bid to curb its devastating effects on the environment.

24/11/2016 (Business Standard) - Tracking a firm global trend, crude palm oil prices were up by 0.38 per cent to Rs 541.80 per 10 kg in futures trade today as traders created fresh positions supported by pick-up in demand in the spot market.

24/11/2016 (ANTARA) - The Indonesian Oil Palm Business Association (Gapki) has said the countrys crude palm oil (CPO) and its derivatives can penetrate non-traditional markets such as Russia and other regions in the eastern Europe.

24/11/2016 (APP) - Four ships MSC Al-Ghero, Bunga Allium, Sea Delta and Maria-III carrying Containers, palm oil, chemicals and LPG were arranged berthing at Qasim International container Terminal, Liquid cargo terminal, Engro Vopak terminal and SSGC LPG Terminal respectively on Tuesday.

24/11/2016 (NewsDay) - In a snap survey conducted by NewsDay in the central business district, small shops were not allowing customers to use bank cards to purchase cooking oil.

24/11/2016 (Jakarta Post) - The government and palm oil stakeholders still believe that the biodiesel consumption target will be achieved by year-end despite Pertamina’s recent move to temporarily halt sales in Jakarta, Wst Java and Banten following contamination.

24/11/2016 (Reuters) - Malaysian palm oil futures rose 1 percent in first-half trade on Wednesday, heading for their third straight session of gains, on the back of a weaker ringgit.

23/11/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

23/11/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

23/11/2016 (Reuters) - Malaysian palm oil futures extended gains into a second session on Tuesday evening, reaching a more than one-week high, supported by gains in rival soyoil on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.

23/11/2016 (Jakarta Globe) - Global rating agency Moody's Investors Service has maintained a stable outlook for credit quality of non-financial corporations in Indonesia as it expects their profits to grow modestly, thanks to the expected acceleration in infrastructure investment in the country and recovering global commodity prices.

23/11/2016 (The Sun) - Felda Global Ventures Holdings Bhd’s (FGV) net loss widened to RM94.87 million in the third quarter of this year compared with RM33.92 million in the previous corresponding period, dragged down by significant losses at one of the jointly controlled entities due to stock losses.