Archived News

26/02/2016 (Food Ingredients First) - Golden Agri-Resources (GAR) has completed mapping its supply chain to the mill, and now knows the location and other relevant details of all the 489 mills which supply Crude Palm Oil (CPO) and Palm Kernels (PK) to its processing facilities in eight different locations in Indonesia.

26/02/2016 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak today launched the Sabah and Sarawak Biomass Industry Development Plan, which he described as a major milestone in Malaysia's bid to become South East Asia's premier biomass processing hub.

26/02/2016 (FoodNavigator.com) - RSPO has introduced a voluntary extension to its criteria for companies that exceed the certification body’s principles for sustainably grown palm oil.

26/02/2016 (The Star) - AmInvestment is retaining its Buy call for Jaya Tiasa with an unchanged fair value of RM2.18 a share, based on an FY16F PE of 25 times.

26/02/2016 (Bernama) - Bilateral trade between Malaysia and the African continent is expected grow by 10 per cent this year from RM30.1 billion recorded in 2015, Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said Friday.

26/02/2016 (Bernama) - World Wide Fund for Nature-Malaysia (WWF-Malaysia) is advising palm oil companies to use only independent accredited assessors to conduct verification and assessment for better monitoring of palm oil plantations.

26/02/2016 (Jakarta Post) - Indonesia grabbed the world’s attention in all the wrong ways last year when numerous fires ravaged large areas of Sumatra and Kalimantan. More than half of the fires were in carbon-rich peatland areas, according to a World Resources Institute report.

26/02/2016 (Mint Market Info) - Indian edible oil industry is the world’s fourth-largest industry after USA, China and Brazil and accounts for around 9% of the world’s oil seed production. It is highly fragmented with extreme variation in the consumption pattern of Indian consumers of edible oil. The Indian edible oil industry continues to be underpenetrated and thereby holds immense business opportunities.

25/02/216 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

25/02/2016 (Reuters) - The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

25/02/2016 (Reuters) - Malaysia's Sime Darby Bhd , the world's largest palm oil planter by land size, said on Wednesday it was looking to sell its real estate assets in Australia and Singapore, in what is seen as a move to cut down on debt.

25/02/2016 (Bernama) - Sime Darby Bhd's pre-tax profit slipped by 22 per cent to RM463.55 million for the second quarter ended December 31, 2015 due to lower crude palm oil (CPO) prices and a challenging business environment compared with RM592.70 million posted in the same quarter previously.