Archived News

05/07/2016 (APP) - Four ships C.V MSC Pamela, M.T Bunga Akasia, M.V Tai Progress and M.T Olympic Spirit-II carrying containers, palm oil, and soyabean seeds and furnace oil were arranged berthing at Qasim International Container Terminal, Liquid Cargo Terminal Grain Terminal and FOTCO Oil Terminal respectively on Sunday.

05/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

05/07/2016 (Reuters) - Malaysian palm oil futures fell nearly 2 percent on Tuesday and posted their first fall in four sessions, tracking losses in rival vegetable oils.

04/07/2016 (Business Standard) - Continuing its losing streak for the fourth day at the Multi Commodity Exchange, Crude palm oil fell by another 0.15% to Rs. 529 per 10 kg in business turnover of 56 lots in futures trading on Friday as traders cut down their bets, tracking a weak trend at spot market on low demand.

04/07/2016 (Daily Express) - The Malaysian Palm Oil Board (MPOB), a government agency responsible for the promotion and development of the palm oil industry in Malaysia, is also a research entity.

04/07/2016 (Reuters) - The following were Friday's Rotterdam vegetable oil prices at 1600 GMT:

04/07/2016 (Reuters) - Major palm oil producers and traders, including Wilmar and Cargill ditched a "no deforestation" private agreement in Indonesia, saying the government's recent efforts to strengthen its certification standards were sufficient.

04/07/2016 (Reuters) - ICE Canadian canola futures rose on Wednesday for the third straight session, lifted by short-covering ahead of a US government crop report due on Thursday. Statistics Canada estimated canola plantings of 20 million acres, in line with trade expectations. The report had little market impact, a trader said.

04/07/2016 (Borneo Post) - Palm oil is regaining its competitiveness level against soybean oil and it will likely win global market share of vegetable oils going forward, analysts say.

04/07/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

04/07/2016 (Reuters) - Malaysian palm oil futuresrose to a one-week high on Monday, lifted byweaker-than-expected output and short-covering before publicholidays.

04/07/2016 (Assam Tribune) - For the first time in the State, farmers in Dudhnoi and Boko have taken to oil palm cultivation. Started last year under the Centrally-sponsored National Mission for Oil Seeds and Oil Palm, the cultivation today covers a total area of 409 hectares.