Archived News

21/10/2015 (The Edge) - competition from soybean oil and lacklustre demand from China weigh on the local palm oil sector, palm oil industry players are calling for the government to allocate more funds to the promotion of palm oil research and development (R&D) and biodiesel subsidies in Budget 2016, which will be tabled on Friday.

21/10/2015 (Proactive Investors UK) - Reduced palm oil supplies should be a boost for DekelOil (LON;DKL), the operator and 51% owner of the Ayenouan palm oil project in Côte d'Ivoire, according to Cantor Fitzgerald.

21/10/2015 (Bernama) - In the light of the current haze Malaysians are facing, a local company, Biofuel Sdn Bhd, has come out with a solution to reduce carbon dioxide and sulphur dioxide emissions.

21/10/2015 (The Star) - It will be up to lawmakers to decide if Malaysia is to be part of the Trans-Pacific Partnership Agreement (TPPA) when details of the pact are tabled in Parliament for debates, said Datuk Seri Mustapa Mohamed.

21/10/2015 (Business Standard) - Palmolein oil prices declined by up to Rs 50 per quintal at the the wholesale oils and oilseeds market today owing to slackened demand from retailers against adequate stocks.

21/10/2015 (FoodBev.com) - Natural, non-GMO, sustainably produced and balanced fat composition: these are all words increasingly used to describe Malaysian sustainable palm oil. According to a Credit Suisse financial analysis, this versatile oil is expected to become much more prevalent in the coming years. The Malaysian Palm Oil Council has long advocated this stance and agrees with this projection. We estimate demand for Malaysian palm oil to increase by 2030 in line with the Credit Suissse projections. The worldwide interest in healthy, natural fats and the global recognition of Malaysia’s sustainable palm oil industry are part of the reasons for this potential increase in its usage.

20/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

20/10/2015 (Tempo.co) - Achieving success in the mixing of 15 percent vegetable oil (B15) with solar, the government will increase it to 20 percent (B20). Around Rp8 billion from crude palm oil exports or CPO Supporting Fund (CSF) has been prepared for the subsidy.

20/10/2015 (The Straits Times) - Concern that the severe drought affecting growing regions will persist is bolstering palm oil prices despite low demand and near-record production.

20/10/2015 (Hindu Business Line) - Malaysian palm oil futures on the Bursa Malaysia Derivatives ended lower on Monday on fears of demand weakening.

20/10/2015 (AG Week) - Soybean prices have been on a roller coaster for the past three months. November 2015 soybean futures traded to a high of $10.45 on July 14, declined to a low of $8.53 on Sept. 11, and rebounded to a high of $9.16 on Oct.14. That contract is currently trading just under $9.

20/10/2015 (The Star) - Morgan Stanley has reaffirmed its industry view upgrade for the plantation sector and advised investors to have an “overweight” view despite a poor third quarter earnings ahead.