Archived News

25/11/2015 (Pakistan Observer) - The imports of food group of Pakistan decreased by 12.89 percent during first four months of current fiscal year as compared to same period of last year. The food imports during July-October (2015-16) were recorded at US $1.705 billion as compared to the imports of $1.954 billion in July-October (2014-15). According to data release by Pakistan Bureau of Statistics (PBS), the food imports on year-on-year basis also decreased by 3.42 percent from $524.363 million in October 2014 to $506.438 million in October 2015.

25/11/2015 (Reuters) - India's rapeseed output looks likely to fall this year as poor soil moisture and higher temperatures drag down the acreage planted, making higher imports of expensive vegetable oils by the world's top buyer inevitable, trade and industry officials say.

25/11/2015 (Bernama) - Agrobank yesterday signed agreement for banking facilities of RM112 million to Sarawak Land Consolidation and Rehabilitation Authority (SALCRA).

25/11/2015 (Reuters) - Malaysian palm oil futures reversed gains and fell for a fourth straight session on Tuesday as the strengthening ringgit eventually weighed on prices.

25/11/2015 (AllAfrica.com) - From the sixties up to few years back, only two key commodities were known once Liberia name was mentioned. But today, the story is changing. At present, the world's largest oil palm plantation, Sime Darby, entering Liberia added more value to the oil palm sector.

25/11/2015 (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 tuesday

25/11/2015 (The Star) - IJM Corp Bhd’s net profit for its second quarter ended Sept 30, rose 40% to RM156.38mil from RM111.49mil in the previous corresponding period, while revenue during the quarter increased to RM1.34bil from RM1.29bil a year earlier.

25/11/2015 (Global Cosmetics) - Swiss specialty chemicals group Clariant has teamed up with Wilmar International and L’Oréal to educate Malaysian palm oil producers on sustainability, certification and supply chain traceability – and increase productivity by 20 percent.

24/11/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

24/11/2015 (Hindu Business Line) - Malaysian palm oil futures on BMD ended lower on Monday due to tepid demand amid higher production, although a mildly weaker ringgit supported prices. Exports of Malaysian palm oil products for November 1-20 were up 4.3 per cent to 970,057 tonnes over a month.

24/11/2015 (AllAfrica.com) - The Oil Palm Development Association of Ghana (OPDAG) has repositioned itself in its quest to ensure that Ghana moves from being a net importer of palm oil to a net exporter of the commodity in the next five to 10 years.

24/11/2015 (FoodNavigator.com) - A palm oil producer’s pledge to rehabilitate peatland in Indonesia will provide momentum for industry-wide change, it says