Archived News

21/03/2016 (Bernama) - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to continue their excellent performance next week to trade at between RM2,450 and RM2,520 a tonne.

21/03/2016 (Bernama) - The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives are likely to trade higher next week, tracking the positive cash market, dealers said.

21/03/2016 (Bernama) - BHS Industries Bhd (BHS), a printing and publication-based company, will invest RM50 million to build the country's first oil palm-based pulp and paper mill here.

18/03/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

18/03/2016 (Reuters) - Palm oil inventories are set to drop further as an El Nino weather event chips away at yields in Southeast Asia, boosting a rally in prices of the tropical oil and helping producers rake in more profits for the first time since 2011.

18/03/2016 (The Star) - With global demand for palm oil continuing to rise over time in tandem with the increase in human population, investing in the industry is an attractive proposition.

18/03/2016 (Bernama) - Malaysia's long-term economic prospects remain favourable given its structural strengths and diversified economy despite the revision of its 'A3' rating outlook to 'stable' from 'positive', said Moody's Investors Service.

18/03/2016 (AllAfrica.com) - The government is preparing a regulation to protect manufacturers of edible oils in Tanzania to add value to locally produced seeds.

18/03/2016 (Business Recorder) - Shipping activity remained active at the Port where six ships C.V Maersk Memphis, C.V CMA CGM Semson, C.V MSC Conti Basel, M.T Bunga Akasia, M.T Globe Tonya and M.T Quetta carrying containers, Palm oil, LPG and Furnace oil were berthing at Qasim International Container Terminal, Liquid Cargo Terminal, Sui Sothern Gas LPG Terminal and FOTCO Oil Terminal respectively on Tuesday.

18/03/2016 (Jakarta Post) - Indonesia, the world’s largest producer of palm oil, will report France to the World Trade Organization (WTO) should the European country approve a plan to progressively raise import taxes on palm oil products by up to nine times.

18/03/2016 (Business Standard) - Crude palm oil prices rose by 2.73 per cent to Rs 521.80 per 10 kg in futures market today as speculators indulged in creating fresh positions coupled with rising demand in the spot markets.

18/03/2016 (The Nation) - The Partnership Initiative for Niger Delta (PIND) foundation has trained some oil palm farmers on modern techniques for oil palm production and processing.