Archived News

14/10/2016 (Reuters) - Malaysian palm oil futures declined at Thursday's close as the market corrected following a two-day rally and higher output forecasts by industry analysts weighed on traders' sentiment.

14/10/2016 (Reuters) - The following were Thursday's Rotterdam vegetable oil prices at 1600 GMT:

14/10/2016 (New Straits Times) - The lukewarm reception at the Palm Oil Trade Seminar (POTS) Kuala Lumpur 2016 was a given.

14/10/2016 (Hindu Business Line) - The Indian edible oil sector is the world’s fourth-largest after the US, China and Brazil and accounts for around 9 per cent of the world’s oilseed production.

14/10/2016 (Ghana News Agency) – Mr Ron Strikker, the Netherlands Ambassador says the phase two of the Sustainable West Africa Palm-oil Programme (SWAPP) would be implemented in the sub- region.

14/10/2016 (The Star) - The palm oil industry faces major hurdles in light of a tougher operating environment, as well as the uncertain outlook on crude palm oil (CPO) prices in the immediate term, according to a panel of the country’s top plantation companies.

14/10/2016 (Jakarta Globe) - Dozens of multinational organizations are set to present innovations to the Smallholders Advancing with Technology and Innovation, or Sawit, Challenge final next month, aiming to help smallholder palm oil farmers meet sustainability standards in the industry.

14/10/2016 (The Star) - The rally in crude palm oil (CPO) prices is likely to be temporary due to an expected strong pick-up in production next year.

14/10/2016 (Bernama) - IOI Corporation Bhd said it is fully committed to the No Deforestation, No Planting on Peat and No Exploitation (NDPE) policies as stated in its Sustainable Palm Oil Policy.

14/10/2016 (News Straits Times) - Plantation companies’ personnel need to be better familiarised with communication strategies and skills, as the industry and Malaysia embrace a knowledge-based economy.

14/10/2016 (Business Standard) - Crude palm oil prices fell 0.38 per cent to Rs 495 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.