Archived News
23-09-2015
El Nino Expected to Badly Affect Palm Oil Yields
23/09/2015 (The Star) - A strong El Nino, which is expected to hit Malaysia end of this year, and last until April next year, is bound to cause a major disruption to palm oil production, said experts.
23-09-2015
Crude Palm Oil Futures Extend Gains on Tight Supply
23/09/2015 (Business Standard) - Supported by rising domestic demand and restricted supplies from producing regions, crude palm oil prices rose further by 0.46 per cent to Rs 396.90 per 10 kg in futures trade today.
23-09-2015
Zahid: Innovative R&D will Further Boost Halal Industry
23/09/2015 (The Star) - Malaysia needs to innovate its research and development activities further to cope with the increasing complexity of the halal industry, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
23-09-2015
Russia Prefers Cheap Vegetable Oils. Quality is Not Top-Priority
23/09/2015 (UkrAgroConsult) - Due to the fact that Russia is one of the world leading producers of sunflower oil, and is actively expanding its own production of soybean and rapeseed, exports of oilseed complex goods from Ukraine to Russia have been always low.
23-09-2015
Palm Oil Producers Deny Role in Forest Fires, Cite ‘Zero-Burn’ Policy
23/09/2015 (Jakarta Globe) - The head of the Indonesian Palm Oil Association, or Gapki, on Tuesday came out in support of the country’s palm oil producers against allegations of causing the haze choking several regions, saying producers stand to lose from deliberately lighting forest fires and abide by a “zero burning†policy.
23-09-2015
El Nino Poses Big Threat to Palm Oil Production
23/09/2015 (The Star) - A strong El Nino phenomenon, which is expected to hit Malaysia by the end of this year and to last until April next year, is bound to cause a major disruption to palm oil production, said industry experts.
23-09-2015
IOI to See Better Outlook in FY16
23/09/2015 (Borneo Post) - Analysts had a meeting with IOI Corporation Bhd’s (IOI) management last week and noted that despite the current weak CPO prices, the company was least affected thanks to the exposure in downstream segment.
22-09-2015
Mustard, Cottonseed Oils up on Retailers Demand
22/09/2015 (Business Standard) - Prices of mustard and cottonseed oils rose by Rs 100 per quintal at the wholesale oils and oilseeds market today following pick up in retailers demand.
22-09-2015
M'sian Firm in RMB1B Desert Greening Bid
22/09/2015 (Daily Express) - Harnessing the diverse potentials of biomass can result in creative solutions and a win-win situation for stakeholders in the palm oil industry.
22-09-2015
Indonesia Aug Palm Oil Output Seen at 1-Year High, Exports Down - Reuters Survey
22/09/2015 (Reuters) - Indonesia's crude palm oil (CPO) output in August likely hit its highest in at least a year, up for a sixth month as maturing plantations entered their peak production period, while exports fell to their lowest since March, a Reuters survey showed.
22-09-2015
VEGOILS-Market Factors to Watch Sept 22
22/09/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
22-09-2015
Immediate Negative Reaction From India Raising Import Taxes on Crude and Refined Vegetable Oils
22/09/2015 (Borneo Post) - Analysts expect an immediate negative reaction towards India raising its import taxes on crude and refined vegetable oils by five percentage points (ppt).