Archived News

23/08/2016 (Reuters) - Malaysian palm oil futures fell to their lowest in over a week on Monday, tracking rival oils and as expectations of a pick up in output offset improving export demand.

23/08/2016 (Reuters) - The following were Monday's Rotterdam vegetable oil prices at 1600 GMT:

23/08/2016 (CosmeticsDesign-Asia.com) - Targeting the fact that 40% of the world's palm oil is produced by small- to medium sized farmers, BASF and Henkel have collaborated with development organisation Solidaridad to help make this sector more efficient and sustainable in Indonesia.

23/08/2016 (FoodNavigator.com) - Voluntary market initiatives from the largest buyers and sellers of palm oil could help curb deforestation linked to the crop, researchers say, noting South America and Africa are most at risk of future damage.

23/08/2016 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives fell to their lowest in almost a week on Monday as expectations of a pick-up in output offset improving export demand.

22/08/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

22/08/2016 (Bloomberg) - The world’s largest crude palm oil producer, Felda Global Ventures Holdings Bhd., is headed for its best month on record after prices for the commodity entered a bull market last week. The stock has surged 24 percent in August before the release of quarterly results due Wednesday.

22/08/2016 (Business Recorder) - Pakistan has reportedly refused to start negotiations on Free Trade Agreement (FTA) with Indonesia until Pakistan's concerns on existing Preferential Trade Agreement (PTA) are addressed within six months, well-informed sources told Business Recorder.

22/08/2016 (Business Standard) - Country's vegetable oil imports may rise to record 15 million tonnes in the current marketing year ending October on increasing domestic demand.

22/08/2016 (Reuters) - Crude palm oil prices are seen averaging at 2,678 ringgit per tonne in 2016, up nearly 18 percent from last year, boosted by demand from top consumer India and replenishment of stocks by China, according to the Malaysian Palm Oil Council (MPOC).

22/08/2016 (The Star) - CIMB Equities Research projects Felda Global Ventures (FGV) will report a core net profit of between RM20mil and RM30mil in the second quarter ending June 30, 2016 (2Q16).

22/08/2016 (Hindu Business Line) - It has been a volatile year so far for the crude palm oil (CPO) prices. The Malaysian CPO futures contract traded on the Bursa Malaysia Derivatives Exchange surged about 24 per cent from MYR 2,200 per tonne in January to a high of MYR 2,740 in April following drop in production in Malaysia and Indonesia, the world’s largest producers of palm oil.