Archived News

14/04/2016 (Bernama) - The newly-formed Malaysia-Turkey Business Club (MTBC) expects exports to Turkey this year to grow more than the 54.5 per cent growth achieved last year, said Malaysia External Trade Development Corporation (Matrade).

14/04/2016 (Bernama) - Palm Oil Industries Cluster (POIC) Lahad Datu's container terminal, when completed in late 2017, will strengthen Sabah's logistics competitiveness, says Sabah Deputy Minister Datuk Raymond Ran Shu Kiah.

14/04/2016 (Reuters) - Indonesia will investigate suspected cartel practices by palm oil companies that are signatories to the Indonesian Palm Oil Pledge (IPOP), an agreement aimed at curbing deforestation, the country's anti-monopoly agency (KPPU) said.

14/04/2016 (Business Standard) - Amid pick up in domestic demand and restricted supplies from producing regions, crude palm oil prices were up 0.90 per cent to Rs 552.30 per 10 kg in futures market today as traders created fresh positions.

14/04/2016 (Reuters) - Malaysian palm oil futures rose for the first time in six sessions on Wednesday, tracking competing vegetable oils, in particular sharp gains in soyoil.

14/04/2016 (UkrAgroConsult) - “Whither Asian biodiesel exports?” seems to be the most asked question in the Asian palm methyl ester (PME) market these days.

14/04/2016 (Phys.Org) - Palm oil is not a polymer; but through chemical reactions it can be converted to intermediates with different functional groups that could interact with other monomers, either through condensation reactions or free radical additions or a combination of both mechanisms to form novel materials with interesting properties and applications.

14/04/2016 (Alliance News) - Equatorial Palm Oil PLC Wednesday said it plans to build a USD20.0 million mill at its operations in Liberia that should be operational in 2018, and said the estates planted in 2011 and 2012 have started to bear fruit.

13/04/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

13/04/2016 (Reuters) - Malaysian palm oil futures fell in evening trade to the lowest in almost a month following the release of government data showing better-than-expected output growth in March.

13/04/2016 (Indonesia Investment) - Nine or ten crude palm oil (CPO) producers want to join the Council of Palm Oil Producer Countries (CPOPC), the intergovernmental palm oil council set up by the world's two largest CPO producers and exporters: Indonesia and Malaysia. These two initiators signed an agreement in November 2015 for the establishment of the CPOPC - headquartered in Jakarta - that aims to control the global CPO supply, stabilize palm oil prices, promote sustainable practices in the palm oil industry, and enhance the welfare of oil palm smallholders; more or less the role that OPEC has in the crude oil industry.

13/04/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT: