Archived News

08/11/2016 (Business Standard) - Tracking a firm global trend, crude palm oil prices were up by 0.33 per cent at Rs 517.10 per 10 kg in futures trade today as traders created fresh positions supported by pick-up in demand in the spot market.

08/11/2016 (Jakarta Post) - I am honored to be the first European Commissioner for Agriculture and Rural Development to visit Indonesia. As EU Commissioner, my job is to support the sustainable development of Europe’s agriculture and ensure the well-being of its rural areas as well as to develop our agricultural exchanges with key partners, such as Indonesia.

08/11/2016 (Jakarta Post) - International trade and development commentators often refer to “Fortress Europe”. This is the idea that European countries — whether unilaterally or as part of the EU-wide trading bloc — put up barriers to imports, particularly from developing countries, to protect their own industries. This is particularly the case for agriculture, which has had a detrimental effect on developing countries’ exporters.

08/11/2016 (Reuters) - Some activist groups are withdrawing support for the palm oil body that provides sustainability certificates for the industry, saying it is biased toward producers and its complaints panel is flawed.

08/11/2016 (malaysiandigest.com) - As reported on Feldavoice.com the The Malayan Edible Oil Manufacturers Association (MEOMA) insists that there are no differences between palm oil in polybags and palm oil in bottles with the only notable difference lies in its packaging and marketing strategy.

07/11/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

07/11/2016 (Reuters) - The following were Friday's Rotterdam vegetable oil prices at 1700 GMT:

07/11/2016 (Reuters) - Malaysian palm oil futures charted their first decline on Friday evening after two consecutive winning sessions, tracking weaker soyoil on the Chicago Board of Trade.

07/11/2016 (Bernama) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives will likely trend higher in the RM2,600-RM2,700 range next week on possible implementation of the B10 programme next month.

07/11/2016 (Bernama) - The Ministry of Domestic Trade, Cooperatives and Consumerism (KPDNKK) will open 18 investigation papers on the offences of hoarding cooking oil and increasing the price nationwide.

07/11/2016 (Bernama) - Malaysia's total trade during the period of January-September 2016 rose marginally higher by 0.6 per cent to RM1.077 trillion compared with the same period in 2015, supported by exports in manufactured and agricultural goods.

07/11/2016 (New Straits Times) - How essential is cooking oil to the average household’s culinary needs? The degree of use varies with cultural appetite, but for the most part, everyone in Malaysia takes kindly to fried foods and dishes that require a measure of frying. T