Archived News

04/01/2016 (Indonesia Investments) - The Indonesian Palm Oil Board (DMSI) expects Indonesian crude palm oil (CPO) exports to drop 8.7 percent (y/y) to 21 million tons next year from an estimated 23 million tons in 2015. This decline in export is attributed to an increase in domestic CPO consumption amid the full implementation of the country's B15 biodiesel program. Domestic consumption of CPO is estimated to grow 37 percent (y/y) from 8.4 million tons in 2015 to 11.5 million tons in 2016. If the B20 biodiesel program will be implemented as well, then Indonesia's CPO exports may decline further.

31/12/2015 (Reuters) - Wednesday's Rotterdam vegetable oil prices at 1700 GMT.

31/12/2015 (Bernama) - The year 2015 saw palm oil prices plummeting to historic lows while the rest of the commodities in Malaysia merely stayed afloat, but the outlook seems a little promising.

31/12/2015 (Bernama) - Investment holding company Kim Loong Resources Bhd's pre-tax profit for the third quarter ended Oct 31, 2015 rose to RM37.61 million from RM23.25 million in the same period of 2014.

31/12/2015 (The Star) - Felda Global Ventures Holdings Bhd (FGV) has signed a memorandum of understanding (MoU) with US consumer goods giant Procter & Gamble (P&G) and five other organisations to develop a model to ensure palm oil sustainability.

31/12/2015 (The Edge) - Analysts expect the palm oil sector to be stronger next year with an expected 10% to 15% earnings growth, as they look to crude palm oil (CPO) prices rising about 6% next year.

31/12/2015 (The Edge) - Sime Darby Bhd ( Valuation: 1.40, Fundamental: 0.80) and PPB Group Bhd ( Valuation: 1.60, Fundamental: 2.30) gained about 2% each, as Malaysian crude palm oil (CPO) prices reached an 18-month high on concerns of lower output, due to year-end monsoon rains and El Nino-related dryness.

31/12/2015 (Business Standard) - Select edible oil prices fell by up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to muted demand from retailers.

31/12/2015 (Reuter) - Malaysian palm oil futures rose for a second day on Wednesday, reaching their highest levelin 18 months, on concerns year-end monsoon rains and El Nino-related dryness may lower future output.

31/12/2015 (Irish Farmers Journal) - Despite recommendations from Fonterra that farmers should not feed more than 3kg per cow per day, New Zealand dairy farmers palm kernel (PKE) imports increased by 60% in November.

31/12/2015 (Reuters) - Exports of Malaysian palm oil products for Dec. 1-31 fell 5.4 percent to 1,272,162 tonnes from the 1,344,790 tonnes shipped during Nov. 1-30, cargo surveyor Intertek Testing Services said on Thursday.

31/12/2015 (Ethanol Producer Magazine) - In November, an international consortium led by Autodisplay Biotech GmbH started Pathway EFB, a €1.6 million ($1.75 million) collaborative research and development project to significantly lower cellulase cost in the production of biofuels and biobased chemicals