Archived News

28/10/2016 (Reuters) - France's National Assembly on Thursday rejected the latest move to introduce an additional levy on palm oil, the widely used food and cosmetics ingredient that has been blamed for encouraging deforestation and posing health concerns.

28/10/2016 (Business Standard) - Crude palm oil prices moved down by 0.42 per cent to Rs 523.30 per 10 kg in futures trade today as participants reduced their exposure, triggered by easing demand in the spot market against adequate stocks position.

28/10/2016 (Tempo.co) - The lack of awareness of land certificate ownership among oil palm farmers has hampered palm oil firms to carry out replanting programs in Indonesia.

28/10/2016 (Business Standard) - Soyabean oil prices edged up by Rs 50 per quintal at the wholesale oils and oilseeds market today on scattered buying by retailers.

28/10/2016 (Daily Mirror) - The diversified regional plantation company, Watawala Plantations PLC, saw its September net profit jumping to Rs.309.3 million from Rs.131.1 million a year ago, an increase of 136 percent, as the palm oil business pushed both top-line and the bottom-line performance.

27/10/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

27/10/2016 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1600 GMT.

27/10/2016 (Bernama) - From Nov 1, the price of cooking oil in 1 kilogramme (kg) packets will remain at RM2.50/pack whereas cooking oil in bottles will be sold at market prices.

27/10/206 (Bernama) - Crude oil prices will likely remain volatile into year-end.

27/10/2016 (Business Standard) - Crude palm oil prices edged up by 0.52 per cent to Rs 525.50 per 10 kg in futures trading today as participants created fresh positions, driven by pickup in demand in the spot market.

27/10/2016 (Reuters) - Chicago soybean futures bounced back on Wednesday, inching closer to a two-month high reached earlier this week, with strong demand and gains in vegetable oil markets underpinning prices.

27/10/2016 (Eurasia Review) - Last August, the sixth Roundtable on Sustainable Palm Oil (RSPO) Latin American conference was held in Guatemala.