Archived News

19/11/2015 (Alliance News) - Anglo-Eastern Plantations PLC Wednesday said production of fresh fruit bunches and crude palm oil grew in the first nine months of 2015, but warned that the price outlook for crude palm oil remains weak.

19/11/2015 (Business Standard) - Crude palm oil prices were down by 0.36 per cent to Rs 386.70 per 10 kg in futures market today as participants offloaded positions owing to slackened demand in spot markets.

19/11/2015 (The Edge) - The Roundtable on Sustainable Palm Oil (RSPO), an international grouping tasked with promoting the growth and use of certified sustainable palm oil (CSPO), is targeting a take-up of 50% CSPO by the industry in Malaysia and Indonesia by 2020, as part of its initiative to create greater awareness of sustainable palm oil.

19/11/2015 (Jakarta Post) - Indonesia’s trade recorded another surplus in October, as imports continued to decline.

19/11/2015 (eco-business.com) - Industry association Roundtable for Sustainable Palm Oil (RSPO) certifies palm oil grown in a socially and environmentally responsible manner, but unethical and incompetent auditors are undermining trust in this global label, a new report shows.

18/11/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

18/11/2015 (Reuters) - Malaysian palm oil futures are expected to hold around current levels until year-end, as slowing demand and an abundant supply of rival soyoil cap any gains, a Reuters poll showed.

18/11/2015 (CosmeticsDesign-Asia.com) - Golden Agri-Resources, the world’s second biggest producer of palm oil, has agreed to re-engage with The Forest Trust in an effort to improve its sustainability profile.

18/11/2015 (Business Standard) - Crude palm oil prices rose by 0.71% to Rs 397 per 10 kg in futures trade today as speculators built up fresh positions, triggered by pick up in demand in the spot market.

18/11/2015 (Business Standard) - Select edible oil prices fell up to Rs 100 per quintal at the wholesale oils and oilseeds market today owing to slackened demand from retailers against sufficient stocks.

18/11/2015 (Bernama) - Sime Darby Plantation Sdn Bhd (SDP) has launched 'Open Palm', an online dashboard that provides information on the traceability of its supply chain.

18/11/2015 (Bernama) - Universiti Putra Malaysia (UPM), in collaboration with Japan's Kyushu Institute of Technology (Kyutech), is building a pilot plant in Keningau, Sabah to spur palm oil industry players to adopt a green technology approach.