Archived News

03/03/2016 (Economic Times) - Crude palm oil prices fell further by 0.86 per cent to Rs 483 per 10 kg in futures trade today as participants engaged in reducing positions, triggered by higher supplies from producing regions at spot market against muted demand.

03/03/2016 (Business Standard) - In a restricted activity, sesame oil declined by Rs 50 per quintal at the wholesale oils and oilseeds market today on sluggish demand against sufficient stocks.

03/03/2016 (Business Recorder) - Brisk shipping was recorded at the Port where six ships C.V Maersk Detroit, M.V Han De, M.V Alam Mutiara, M.T Agiri, M.T Al-Gottara and M.T Feng Hai-6 carrying Containers, 1,498 tonnes General cargo, 40,000 tonnes Coal, 61,498 tonnes Furnace oil, 141,000m3 LNG and 18,500 tonnes Palm oil were allotted berths at Qasim International Container Terminal, multi Purpose Terminal, FOTCO Oil terminal, Engro Elengy Terminal and Liquid Cargo Terminal respectively on Tuesday, 1st March-2016

03/03/2016 (Business Standard) - Crude palm oil prices fell further by 0.31 per cent to Rs 476.40 per 10 kg in futures trading today as participants booked profits, driven by easing demand in the spot market against adequate stocks position.

02/03/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

02/03/2016 (Bernama) - Over 2,000 industry drivers from over 50 countries will converge here for the 27th Bursa Malaysia Palm and Lauric Oils Conference and Exhibition, Price Outlook (POC 2016).

02/03/2016 (The Star) - Malaysia is fighting yet another move to smear palm oil in Europe.

02/03/2016 (The Straits Times) - Golden Agri-Resources believes crude palm oil (CPO) prices will be well-supported this year with output across the industry possibly falling by 5 per cent to 10 per cent.

02/03/2016 (Moodys.com) - Moody's Investors Service has downgraded the issuer rating of Sime Darby Berhad and the senior unsecured debt rating on the sukuk issued by Sime Darby Global Berhad -- a wholly-owned subsidiary of Sime Darby and backed by Sime Darby -- to Baa1 from A3.

02/03/2016 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

01/03/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

01/03/2016 (Reuters) - Malaysian palm oil futuresrose on Monday, extending gains for a third session, as tradersexpect to see inventories dip below the 2 million tonne mark atthe end of February.