Archived News

24/03/2016 (Bernama) - Sarawak is saddled with an acute shortage of about 35,000 workers in the plantation sector, especially for harvesting and collection of oil palm fresh fruit bunches (FFBs) and general field works, State Land Development Minister Tan Sri Dr James Jemut Masing said.

24/03/2016 (Hindu Business Line) - Edible oils prices extended gain on Wednesday despite slack physical demand amid weak futures. Volume remained thin as stockiest stay away due to Holi- Rangpanchmi Festival mood.

24/03/216 (Business Standard) - Groundnut oil prices strengthened by Rs 20 per quintal in an otherwise steady wholesale oils and oilseeds market today on scattered demand.

24/03/2016 (Business Standard) - Crude palm oil prices were down by 0.55 per cent to Rs 526.90 per 10 kg in futures trade today as traders trimmed their positions, tracking a weak trend at spot market on sluggish demand.

24/03/2016 (AgriMoney.com) - China's soybean imports will prove more buoyant than initially expected next season, US officials said, citing "unrelenting growth" in oilseeds demand, and limited knock-on effects on sowing of farm subsidy shake-ups.

24/03/2016 (Borneo Post) - The crude palm oil (CPO) price movement could have limited upside potential.

24/03/2016 (Jakarta post) - The Energy and Mineral Resources Ministry hopes to increase the electricity generating capacity of biogas power plants in the country to 14.8 megawatts (MW).

23/03/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

23/03/2016 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

23/03/2016 (Borneo Post) - DPO Plantation Sdn Bhd’s foray into oil palm plantation in Loba Bunut Hulu, Bintangor was officially launched by Land Development Minister Tan Sri Dr James Masing in Bintangor yesterday.

23/03/2016 (Bernama) - The implementation of the biofuel programme will not only increase domestic consumption of palm oil, including crude palm oil (CPO), but reduce inventories and stabilise prices, says the Ministry of Plantation Industries and Commodities.

23/03/2016 (Financial Times) - The El Niño weather phenomenon, which has continued to exert its influence, has hit the production of palm oil, boosting prices. This in turn has buoyed soyabeans, which are processed into oil — mainly used for cooking — as well as meal, a high protein feed for livestock.