Archived News

24/02/2016 (Reuters) - Palm oil on the European vegetable oils market eased slightly on Tuesday on a surprise rise in output and because of weaker energy markets.

24/02/2016 (Business Standard) - Crude palm oil prices were down by 0.61 per cent to Rs 487.50 per 10 kg in futures trade today as speculators booked profits amid a weak trend in spot market on falling demand.

24/02/2016 (Alliance News) - Plantations operator Anglo-Eastern Plantations PLC on Tuesday said it estimates its pretax profit and revenue both fell in 2015 after it faced continued challenges in the second half.

24/02/2016 (Zambia Daily Mail) - The Citizens Economic Empowerment Commission (CEEC) has given Elim Enterprises K1.2 million to enable the company set up a palm oil processing plant in Mwense.

24/02/2016 (Borneo Post) - The plantation industry in Sabah cannot live without foreign workers, as up to 90 per cent of the workforce in estates are foreign labour.

24/02/2016 (Reuters) - Tuesday's Rotterdam vegetable oil prices at 1700 GMT.

23/02/2016 (Reuters) – The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

23/02/2016 (Reuters) - Monday's Rotterdam vegetable oil prices at 1700 GMT.

23/02/2016 (Economic Times) - Crude palm oil futures gained 0.64 per cent to Rs 496.70 per 10 kg in futures trading today as participants created fresh positions, driven by pick-up in demand at the spot market.

23/02/2016 (Indonesia Investments) - Again, crude palm oil (CPO) shipments from Indonesia - the world's largest CPO producer and exporter - declined. Based on the latest data from the Indonesian Palm Oil Producers Association (Gapki), palm oil exports from Indonesia fell 16 percent on a month-on-month (m/m) basis to 2.1 million tons in January 2016. This decline was mainly caused by falling palm oil demand from the key export countries China and India.

23/02/2016 (Business Standard) - Mustard oil prices drifted by Rs 75 per quintal at the wholesale oils and oilseeds market today on muted demand from local parties.

23/02/2016 (ANTARA News) - The countrys largest lender PT Bank Mandiri has decided not to extend new credits for investors to open oil palm plantation in peat lands.