Archived News

21/07/2016 (APP) - The Islamabad Chamber of Small Traders (ICST) advised the government to promote edible oil sector through intervention which will help Pakistan save 2.5 billion dollars annually.

21/07/2016 (Reuters) - Indian soybean futures slipped on Wednesday as market sentiment remained subdued on steady sowing of the oilseed, while rapeseed edged up on the rising demand for edible oil.

21/07/2016 (Hindu Business Line) - Crude Palm Oil (CPO) futures contract traded on the Multi Commodity Exchange (MCX) has been in the limelight over the past six trading sessions.

20/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

20/07/2016 (Business Standard) - Crude palm oil prices eased 0.26% to Rs 508.50 per 10 kg in futures trade today as traders indulged in trimming positions, tracking a weak trend at spot market on muted demand.

20/07/2016 (Business Standard) - Supported by increased demand from vanaspati millers and retailers, select edible oil prices rose by up to Rs 100 per quintal at the wholesale oils and oilseeds market today.

20/07/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT:

20/07/2016 (Reuters) - Indonesia plans to issue in August a five-year moratorium on new palm plantations that will include a halt to approvals to extend planting into forested areas inside existing concessions, threatening output growth and palm oil investment.

20/07/2016 (Borneo Post) - Deputy Chief Minister Datuk Amar Douglas Uggah Embas was awarded the Fellowship of Incorporated Society of Planters Award to acknowledge his contribution to the country’s agriculture industry.

20/07/2016 (Reuters) - Major palm oil trader Cargill Ltd said it will suspend business with Malaysian palm oil producer IOI Corporation Bhd after the Roundtable on Sustainable Palm Oil (RSPO) suspended the Malaysian firm's certificate.