Archived News

03/02/2016 (Bernama) - The Malaysian Palm Oil Council (MPOC) is undertaking initiatives to help place the oil palm industry in a better position to meet the many challenges ahead.

03/02/2016 (Borneo Post) - The Trans-Pacific Partnership Agreement (TPPA) will boost the country’s export of palm oil and make it more competitive in the global market, Minister of Plantation Industries and Commodities Datuk Amar Douglas Uggah Embas said.

03/02/2016 (Reuters) - Following are Indonesian prices for crude palm oil (CPO) quoted at an auction by PT KPB Nusantara (formerly known as the state marketing centre)on Thursday.

03/02/2016 (ANTARA News) - The Indonesian government continues to encourage the downstream palm oil industry as part of its efforts to maintain the price of palm oil.

03/02/2016 (Daily Express) - Sabah will benefit from the country's participation in the Trans-Pacific Partnership Agreement (TPPA) as the agreement will provide for the gradual abolition of import tariffs of Sabah's biggest export item, palm oil.

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

03/02/2016 (Borneo Post) - The increase in levy for foreign workers has been in-creased effective Feb 1, 2016, with analysts citing this to increase op-erating production costs for palm oil and rubber players, which may discourage labour supply.

03/02/2016 (The Guardian) - From the organized private sector came support for Federal Government’s drive to fight unemployment as Okomu Oil Palm, Edo State yesterday said that it planned to employ 45,000 workers at its new plantation in Ovia North East Local Government Council.

03/02/2016 (Borneo Post) - The Palm Oil Industrial Cluster (POIC) in Lahad Datu has the best port infrastructure in Sabah with a port draft clearance of 25 metres deep of port that cannot be found anywhere in the state.

03/02/2016 (The Hans India) - Roads and Buildings Minister Tummala Nageshwar Rao would be inaugurating the second oil palm factory on Thursday. He would be accompanied by Agriculture Minister Pocharam Srinivas Reddy.

03/02/2016 (Business Standard) - Prices of sesame and cottonseed oil declined by Rs 50 per quintal at the wholesale oils and oilseeds market today following easing demand from retailers coupled with adequate stocks.

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