Archived News

05/11/2015 (Borneo Post) - Oil palm industry players are urged to understand and respond to issues facing the industry to ensure its survival.

05/11/2015 (InterAksyon.com) - Farmers and indigenous people (IP) nationwide protested in front of the Department of Environment and Natural Resources (DENR) on Wednesday to denounce the plan to convert one million hectares of land into palm oil plantations.

05/11/2015 (Business Standard) - Crude palm oil prices were up 1.23% to Rs 411.40 per 10 kg in futures trade today as traders created fresh positions, taking positive cues from spot market on demand pick-up amid restricted supplies.

05/11/2015 (Hindu Business Line) - Coconut oil prices decreased here on Wednesday. “Crushers are shocked over the downtrend which is due to poor demand and decrease in copra prices. Prices were at ₹1,360-1,400 for 15-kg loose pack. The buyers are expecting further downfall and are staying away from the market,” said RM Palanisamy, an oil trader. The copra was sold at ₹6,500-6,700 a quintal.

05/11/2015 (Jakarta Post) - The government is optimistic that B20 biodiesel fuel will be ready to enter the market next year in accordance with an initial schedule, as no technical or quality problems were found in the new variant of the diesel fuel during a recent test.

04/11/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

04/11/2015 (Bloomberg) - QL Resources Bhd. plans to increase capital expenditure in the next two years as the biggest fishmeal producer in Malaysia bets on Asian food demand to drive its expansion.

04/11/2015 (Business Standard) - Pitching for greater cooperation between India and Indonesia, Vice President Hamid Ansari today said while both countries share excellent relations, their bilateral trade and investments have not realised full potential.

04/11/2015 (Reuters) - Indonesia's government should consider reducing the levy on crude palm oil exports if prices fall below $450 a tonne, the head of the agency in charge of collecting the new levy said on Wednesday.

04/11/2015 (The Sun) - Recognised by the Food and Agricultural Exhibition Organisation (FAO) and World Health Organisation (WHO) as one of 17 edible oils in the world, palm oil is a crucial commodity that has helped fuel the Malaysian economy. Malaysia is the world’s second largest producer of palm oil, which is consumed by almost three billion people across 150 countries.

04/11/2015 (Business Standard) - Crude palm oil prices were down 0.51 per cent to Rs 408.40 per 10 kg in futures trade today as participants trimmed their positions, taking negative cues from spot market on sluggish demand.

03/11/2015 (Reuters) - Malaysian palm oil company Felda Global Ventures Holdings Bhd is looking to get a substantial discount for its proposed acquisition of Indonesia's PT Eagle High Plantations , the Edge Malaysia reported on Saturday, citing a source familiar with the matter.