Archived News

05/10/2015 (The Star) - Permodalan Nasional Bhd (PNB), the parent of Sime Darby Bhd, is scrutinising the latter’s fund-raising plans with the view of exploring options other than a rights issue, according to sources close to PNB.

02/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

02/10/2015 (Bernama) - A meeting of oil palm industry stakeholders agreed that with the appropriate support and investment the Africa continent could revive the dwindling fortunes of its palm oil industry.

02/10/2015 (UkrAgroConsult) - In the 2014/15 season Ukraine reduced the volume of palm oil foreign trade to a minimum. So, according to the results of the season, the import of palm oil and its fractions to the country reached 145.7 KMT, while exports - 1.2 KMT. Both figures are record low for Ukraine.

02/10/2015 (Bernama) - The Malaysia Services Exhibition (MSE) & Showcase Malaysia 2015 in Yangon, aimed at branding Malaysian capabilities, managed to set over 1,124 business meetings between Myanmar and Malaysian companies.

02/10/2015 (Jakarta Globe) - Singapore-listed Indofood Agri Resources, the agriculture arm of beverage and food giant Indofood Group, is planning to build up to three new crude palm oil factories next year through its subsidiaries, Salim Ivomas Pratama and London Sumatra, according to top executives at the company.

02/10/2015 (Jakarta Post) - At this stage of the market cycle, the Predictive Ocean Atmosphere Model for Australia (POAMA) projects a high El Niño probability. However, we expect the real impact of El Niño on companies’ oil palm fresh fruit bunch (FFB) production to only be felt in the first quarter, 2016, suggesting higher crude palm oil (CPO) prices ahead based on historical records. Note that every 10 percent increase in the CPO price will result in 23 percent higher overall sector earning price per share (EPS) growth, based on our study.

01/10/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

01/10/2015 (The Star) - The recent rally in crude palm oil (CPO) prices on worries about a decline in output due to the impending El Nino phenomenon by year end saw plantations topping the gainers list while Felda Global Ventures (FGV) was in focus.

10/01/2015 (Business Standard) - Consumer products firm Ruchi Soya Industries today urged the government to raise duty differential on crude and refined palm oils to provide a level playing field to domestic industry.

01/10/2015 (The Star) - The weaker ringgit is beginning to have a positive effect on crude palm oil (CPO).

01/10/2015 (AllAfrica.com) - Government has appealed to palm oil producers to adhere to international standards in their chain of production to prevent their goods from been rejected at the international market.