Archived News

28/10/2015 (Economic Times) - Crude palm oil rose by Rs 3.60 to Rs 412.10 per 10 kg in futures trade today as speculators enlarged positions on rising spot demand.

27/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday October 27.

27/10/2015 (Bernama) - Rabobank forecasts that global demand for palm oil certified by the Roundtable on Sustainable Palm Oil (RSPO) will double in five years, growing to 11 million tonnes by 2020 from 5.3 million tonnes in 2014.

27/10/2015 (Bernama) - Olam International Ltd, a leading agri-business company and Felda Global Ventures Holdings Berhad (FGV) have signed a memorandum of understanding (MoU) to provide a training programme in Oil Palm Plantation Management for over 2,000 Gabonese smallholders.

27/10/2015 (The Sun) - IOI Corp Bhd has revised downward its fresh fruit bunches (FFB) growth target to between 3% and 5% for the financial year ending June 30, 2016 (FY16), from the initial forecast of 5% to 7%, due to the prolonged hazy weather.

27/10/2015 (Bohol News) - The militant peasant organization Kilusang Magbubukid ng Pilipinas (KMP) today joined the People’s Welcome (Salubungan) of the more than 700 Lakbayanis who travelled to Manila all the way from Mindanao to demand a stop to escalating human rights abuses against Lumad and indigenous peoples by state forces and notorious paramilitary groups.

27/10/2015 (GhanaWeb) - The General Agricultural Workers Union (GAWU) has installed a palm oil processing mill at Adankrono in the Kwaebibirem District for the benefit of women palm oil processors of the town.

27/10/2015 (New Zealand Herald) - Imports of palm kernel (PKE) - which Fonterra is keen for farmers to cut back on - rose slightly in September compared with the same month in 2014.

27/10/2015 (GhanaWeb) - A lack of continuous rainfall across the major oil-palm-growing belt in the country has raised fears among farmers and industry officials that the crop could be facing poor yields, which will widen the annual national production deficit of 35,000metric tonnes.

27/10/2015 (Jakarta Globe) - Revisions to environmental laws must be made, but a designated haze task force is unnecessary, the Environment Minister has said as the haze crisis shows little sign of ending anytime soon.

26/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

26/10/205 (Xinhua) - Myanmar imported 400,000 tons of palm oil annually to fill demand of edible oil as an alternative, an official report said on Sunday.